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Cicero, Cook County, Illinois Property Taxes

  • Median Cicero, IL effective property tax rate: 3.37%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.

  • Median Cicero, IL home value: $152,620

  • Median annual Cicero, IL tax bill: $4,830, $2,430 higher than the national median property tax bill of $2,400.

How are property taxes in Cook County calculated?

Property taxes in Cicero, IL are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Cicero’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cicero, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Cicero, Cook County, Illinois Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.37%

Estimate Property Tax Bill

$5,143

$4,773

SAVE WITH OWNWELL

$1,102

Average Tax Savings

Ownwell’s Cicero Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cicero with just two data points. By entering your property's estimated assessed value, our calculator applies Cicero’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Cook County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Cicero, Cook County, Illinois

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Cicero's effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S. Cicero, located in Cook County, stands out with a property tax rate that is notably higher than the national median. This rate reflects the local government's budgetary needs and the overall value of taxable properties in the area. Homeowners in Cicero experience a substantial difference when compared to the national median property tax rate of 1.02%. Understanding these differences is crucial for property owners who are considering appealing their property taxes or seeking exemptions. By staying informed, you can make educated decisions about your property tax obligations and potentially reduce your tax burden.

Property Tax Rates Across Cicero, Cook County, Illinois

Source: Ownwell

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1.47%

4.93%

8.39%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Cicero Tax Rate

3.37%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Cook County Tax Rate

2.01%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Cicero, Illinois vs Similar Illinois Cities

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Arlington Heights Tax Rate

2.15%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Chicago Tax Rate

1.90%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Evanston Tax Rate

1.98%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Schaumburg Tax Rate

2.05%

Property Tax Rates Across Cicero, Cook County, Illinois

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
608041.19%2.86%3.37%3.54%4.32%

Source: Ownwell

Property Tax Assessment Values Across Cicero, Cook County, Illinois

When examining property taxes in Cicero, IL, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Cook County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Cook County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Cicero. For example, the median home price in Cicero is $152,620, with tax bills ranging significantly across the county. 60804 has the highest median home price at $152,620.

Property Tax Assessment Values Across Cicero, Cook County, Illinois

Source: Ownwell

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$25,480

$637,740

$1,250,000

Median Cicero Market Value

$152,620

Median Cook County Market Value

$210,000

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Cicero, Illinois vs Similar Illinois Cities

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Arlington Heights Market Value

$350,000

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Chicago Market Value

$208,120

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Evanston Market Value

$350,000

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Schaumburg Market Value

$258,215

Property Tax Assessment Values Across Cicero, Cook County, Illinois

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
60804$90,340$122,540$152,620$169,930$182,520

Source: Ownwell

Property Tax Bills Across Cicero, Cook County, Illinois

In Cicero, located in Cook County, IL, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This value is then multiplied by the local tax rate to determine the annual tax bill. The median property tax bill in Cicero is $4,830, significantly higher than the national median of $2,400. Homeowners in Cicero face tax bills that can range from $3,112 at the 25th percentile to $6,857 at the 90th percentile. This variance is influenced by factors such as property location, market conditions, and any applicable exemptions or deductions. High property taxes can place a financial burden on homeowners, making it crucial to ensure assessments are accurate. Ownwell can assist homeowners by reviewing their property assessments and identifying potential errors or opportunities for exemptions. By appealing incorrect assessments or securing eligible exemptions, Ownwell can help reduce property tax liabilities, offering significant savings for homeowners in Cicero.

Property Tax Bills Across Cicero, Cook County, Illinois

Source: Ownwell

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$569

$15,332

$30,094

Median Cicero Tax Bill

$4,830

Median Cook County Tax Bill

$4,680

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Cicero, Illinois vs Similar Illinois Cities

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Arlington Heights Tax Bill

$7,370

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Chicago Tax Bill

$3,503

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Evanston Tax Bill

$6,709

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Schaumburg Tax Bill

$5,152

Property Tax Bills Across Cicero, Cook County, Illinois

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
60804$1,315$3,112$4,830$5,893$6,857

Source: Ownwell

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