33
APPENDIX C: COOK COUNTY ASSESSED VALUES BY CLASS
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 % Change
Class 1 Vacant 555,549,349$ 602,391,261$ 599,378,908$ 601,614,445$ 668,907,151$ 699,062,490$ 747,810,680$ 864,138,667$ 846,196,889$ 853,313,625$ 53.6%
Class 2 Residential 19,541,646,910$ 21,722,123,814$ 23,478,586,633$ 24,848,164,396$ 28,470,271,147$ 31,601,784,043$ 34,129,303,022$ 39,491,832,739$ 43,354,555,882$ 45,036,821,173$ 130.5%
Class 3 Apartments 3,112,532,820$ 2,954,804,197$ 2,949,056,624$ 2,904,131,313$ 3,156,864,537$ 2,752,941,696$ 2,740,459,558$ 2,806,587,568$ 2,534,926,057$ 2,328,329,683$ -25.2%
Class 4 Non-Profit 130,767,522$ 134,161,433$ 134,516,545$ 135,647,888$ 163,762,387$ 169,265,253$ 171,191,973$ 193,576,091$ 208,382,120$ 223,734,218$ 71.1%
Class 5(a) Commercial 12,693,904,933$ 13,609,845,964$ 13,962,816,333$ 14,289,054,588$ 15,700,509,409$ 16,197,969,499$ 16,575,557,467$ 18,081,666,969$ 18,745,510,132$ 19,162,339,407$ 51.0%
Class 5(b) Industrial 4,003,012,960$ 4,015,691,469$ 4,087,693,971$ 4,052,078,770$ 4,026,719,636$ 4,055,175,382$ 4,078,633,063$ 4,184,026,859$ 4,331,180,487$ 4,305,861,746$ 7.6%
Class 6 Industrial* 155,430,232$ 151,057,765$ 149,883,250$ 159,641,737$ 187,378,862$ 203,924,145$ 237,095,429$ 267,496,712$ 290,787,552$ 310,897,397$ 100.0%
Class 7 Commercial* 10,258,610$ 874,805$ 10,704,974$ 11,438,642$ 7,333,991$ 13,368,543$ 14,055,475$ 9,891,659$ 17,452,021$ 28,473,840$ 177.6%
Class 8 Commercial* 4,387,116$ 2,574,946$ 2,256,676$ 2,865,355$ 4,478,115$ 6,528,689$ 10,101,958$ 15,432,741$ 21,828,294$ 29,113,067$ 563.6%
Class 9 Apartment* 24,967,775
$ 30,375,124$ 37,785,837$ 48,594,407$ 66,355,145$ 91,086,422$ 105,964,771$ 148,054,890$ 165,188,430$ 178,514,326$ 615.0%
Farm 13,937,967$ 11,129,255$ 10,421,212$ 10,127,615$ 9,915,409$ 9,360,199$ 9,139,087$ 8,466,186$ 8,223,477$ 9,199,805$ -34.0%
Railroad 94,895,496$ 111,619,148$ 121,518,783$ 121,401,598$ -$ -$ -$ -$ -$ -$ --
Total 40,341,291,690$ 43,346,649,181$ 45,544,619,746$ 47,184,760,754$ 52,462,495,789$ 55,800,466,361$ 58,819,312,483$ 66,071,171,081$ 70,524,231,341$ 72,466,598,287$ 79.6%
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 % Change
Class 1 Vacant 177,579,515$ 238,515,923$ 233,690,278$ 221,053,482$ 319,469,249$ 272,429,422$ 257,026,036$ 415,639,835$ 391,413,271$ 383,909,602$ 116.2%
Class 2 Residential 6,777,399,785$ 8,758,681,649$ 8,973,795,507$ 9,221,622,066$ 12,677,199,294$ 12,988,216,247$ 13,420,538,211$ 18,521,873,454$ 18,937,256,455$ 19,339,573,551$ 185.4%
Class 3 Apartments 2,021,410,960$ 1,966,920,632$ 1,923,256,675$ 1,865,646,223$ 2,233,571,966$ 1,883,047,692$ 1,842,613,464$ 2,006,898,081$ 1,768,926,716$ 1,602,768,576$ -20.7%
Class 4 Non-Profit 38,320,622$ 46,327,495$ 45,597,774$ 44,727,441$ 69,898,173$ 69,591,072$ 69,004,531$ 89,049,825$ 90,691,565$ 92,375,650$ 141.1%
Class 5(a) Commercial 6,840,275,712$ 7,665,597,173$ 7,647,436,793$ 7,794,495,906$ 9,190,251,003$ 9,315,849,521$ 9,432,173,527$ 10,940,796,497$ 11,044,794,465$ 11,191,221,768$ 63.6%
Class 5(b) Industrial 1,070,562,393$ 1,141,846,904
$ 1,109,929,002$ 1,083,645,671$ 1,113,480,408$ 1,085,579,267$ 1,070,524,581$ 1,216,352,569$ 1,194,291,646$ 1,168,315,061$ 9.1%
Class 6 Industrial* 33,161,499$ 31,117,607$ 32,520,601$ 33,479,069$ 40,215,932$ 44,491,612$ 49,653,550$ 63,023,307$ 56,597,441$ 57,665,606$ 73.9%
Class 7 Commercial* 10,258,610$ 650,546$ 10,480,715$ 10,810,800$ 6,694,479$ 12,754,914$ 13,198,926$ 9,035,110$ 16,457,624$ 27,315,864$ 166.3%
Class 8 Commercial* 143,623$ 143,844$ 143,844$ 143,844$ 118,574$ 118,562$ 118,562$ 53,278$ -$ -$ --
Class 9 Apartment* 22,790,995$ 26,187,460$ 31,602,819$ 39,156,403$ 51,283,459$ 66,076,167$ 73,097,118$ 112,066,213$ 123,036,169$ 131,972,159$ 479.1%
Farm -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ --
Railroad 92,332,048$ 109,222,730$ 118,918,712$ 118,737,295$ -$ -$ -$ -$ -$ -$ --
Total 17,084,235,762$ 19,985,211,963$ 20,127,372,720$ 20,433,518,200$ 25,702,182,537$ 25,738,154,476$ 26,227,948,506$ 33,374,788,169$ 33,623,465,352$ 33,995,117,837$ 99.0%
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 % Change
Class 1 Vacant 377,969,834$ 363,875,338$ 365,688,630$ 380,560,963$ 349,437,902$ 426,633,068$ 490,784,644$ 448,498,832$ 454,783,618$ 469,404,023$ 24.2%
Class 2 Residential 12,764,247,125$ 12,963,442,165$ 14,504,791,126
$ 15,626,542,330$ 15,793,071,853$ 18,613,567,796$ 20,708,764,811$ 20,969,959,285$ 24,417,299,427$ 25,697,247,622$ 101.3%
Class 3 Apartments 1,091,121,860$ 987,883,565$ 1,025,799,949$ 1,038,485,090$ 923,292,571$ 869,894,004$ 897,846,094$ 799,689,487$ 765,999,341$ 725,561,107$ -33.5%
Class 4 Non-Profit 92,446,900$ 87,833,938$ 88,918,771$ 90,920,447$ 93,864,214$ 99,674,181$ 102,187,442$ 104,526,266$ 117,690,555$ 131,358,568$ 42.1%
Class 5(a) Commercial 5,853,629,221$ 5,944,248,791$ 6,315,379,540$ 6,494,558,682$ 6,510,258,406$ 6,882,119,978$ 7,143,383,940$ 7,140,870,472$ 7,700,715,667$ 7,971,117,639$ 36.2%
Class 5(b) Industrial 2,932,450,567$ 2,873,844,565$ 2,977,764,969$ 2,968,433,099$ 2,913,239,228$ 2,969,596,115$ 3,008,108,482$ 2,967,674,290$ 3,136,888,841$ 3,137,546,685$ 7.0%
Class 6 Industrial* 122,268,733$ 119,940,158$ 117,362,649$ 126,162,668$ 147,162,930$ 159,432,533$ 187,441,879$ 204,473,405$ 234,190,111$ 253,231,791$ 107.1%
Class 7 Commercial* -$ 224,259$ 224,259$ 627,842$ 639,512$ 613,629$ 856,549$ 856,549$ 994,397$ 1,157,976$ --
Class 8 Commercial* 4,243,493$ 2,431,102$ 2,112,832$ 2,721,511$ 4,359,541$ 6,410,127$ 9,983,396$ 15,379,463$ 21,828,294$ 29,113,067$ 586.1%
Class 9 Apartment* 2,176,780$ 4,187,664$ 6,183,018$ 9,438,004$ 15,071,686$ 25,010,255$ 32,867,653$ 35,988,677$ 42,152,261$ 46,542,167$ 2038.1%
Farm 13,937,967$ 11,129,255$ 10,421,212$ 10,127,615$ 9,915,409
$ 9,360,199$ 9,139,087$ 8,466,186$ 8,223,477$ 9,199,805$ -34.0%
Railroad 2,563,448$ 2,396,418$ 2,600,071$ 2,664,303$ -$ -$ -$ -$ -$ -$ --
Total 23,257,055,928$ 23,361,437,218$ 25,417,247,026$ 26,751,242,554$ 26,760,313,252$ 30,062,311,885$ 32,591,363,977$ 32,696,382,912$ 36,900,765,989$ 38,471,480,450$ 65.4%
* Incentive Classes
Source: Cook County Assessor's Off ice, Final Assessment A bstracts
Note: Class 0 includes parcels assessed by the Department of Revenue (e.g., railroad and pollution control properties) and parcels that are exempt from assessment (e.g., charitable, religious, educational, and governmental properties). Railroad properties w ere moved to Class 0 in 2003. 1999-2000 drop in Class 3 is
due in part to reclassification of Class 3-18 parcels to Class 2-18.
Asse ssm e n t Ye a r
Cook County Assessed Values By Class: Tax Years 1999-2008
Cook County
Asse ssm e n t Ye a r
City of Chicago
Asse ssm e n t Ye a r
Suburban Cook County