On Wednesday, Cook County Treasurer Maria Pappas announced that checks for more than 50,000 would begin distribution this week for residents who overpaid on their first property tax installment last year.
The Cook County Homeowners
Cook County homeowners who overpaid their property tax bill last year can expect money to receive automatic refunds. The Cook County Treasurer’s Office announced Wednesday that more than 53,000 county homeowners overpaid on their 2021 first installment which was due in the first half of 2022. The taxes are automatically refunded for more than $47 million in refunds starting this week.
Cook County Treasurer Maria Pappas who started the automatic refund program in July 2018, said more than 174,000 property owners have received about $129 million in refunds without having to fill out an application since the launch.
Moreover, the average refund is $883, according to treasurer’s office spokesman Andrew Gavrilos. More than 58% of the refunds will be deposited directly into homeowners’ bank and credit card accounts. Others will receive a check by mail.
Homeowners looking to see if they’re due an automatic refund can visit cookcountytreasurer.com. Select the purple box labeled “Your Property Tax Overview” and enter your address or 14-digit Property Index Number (PIN).
The Refunds Break Down
Here’s a breakdown of some paybacks, according to the Cook County treasurer’s office:
- 16,629 property owners who paid their property taxes online will see a total of $14.8 million electronically deposited to their bank or credit card accounts
- 22,241 property owners who paid their taxes via bank/mortgage escrow account will be mailed refund checks totaling $14.8 million
- 14,137 property owners who paid taxes totaling $17.4 million in cash or by check will obtain an electronic refund or will be mailed a refund application to guarantee the proper party receives the refund
According to Pappas, refunds will go to homeowners getting property tax exemptions, which are applied to the second installment tax bill and reduce the total taxes due. The exemptions include homeowners, senior citizens, senior freeze, and disabled persons. The second installment of 2021 property tax bills was due on December 30, 2022.