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Cook County Has $94M in Property Taxes to Refund
Cook County property owners can recover their share of $94.1 million in unclaimed tax overpayments by filing a claim online, according to County Treasurer Maria Pappas. Pappas has revamped cookcountytreasurer.com so that property owners can now search by address as well as Property Index Number, fill out an application and get an instantaneous response for available refunds going back 20 years.
This money is unclaimed even as nearly $544 million in overpayments has been refunded or prevented by the treasurer’s office since 2009. Because refund claims often are disputed among different payers—including banks, buyers and sellers—the application requires proof that the applicant paid the taxes.
The money available for refund has been distributed to taxing districts, and will be recovered from the appropriate local government if a refund is granted. By Illinois law, the total annual payout of refunds that arose before 2009 is capped at $2.5 million.
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