Chana, Ogle County, Illinois Property Taxes

Name: Property Tax Bills Across Chana, Ogle County, Illinois
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median CHANA, IL effective property tax rate: 2.59%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median CHANA, IL home value: $142,278
Median annual CHANA, IL tax bill: $3,754, $1,354 higher than the national median property tax bill of $2,400.

How are property taxes in Ogle calculated?

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

Last Updated March 1, 2025

Chana, Ogle County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.59%

Estimate Property Tax Bill

$3,685

$3,420

Ownwell’s CHANA Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in CHANA with just two data points. By entering your property's estimated assessed value, our calculator applies CHANA’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 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 Ogle County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Chana, Ogle County, Illinois

Local government entities set tax rates, which can vary widely within Illinois. 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. In Chana, located in Ogle County, property owners face an effective property tax rate of 2.59%. This rate is notably higher than the national median property tax rate of 1.02%. When comparing Chana's rate to other cities in Illinois, it's clear that property owners here bear a significant tax burden. Additionally, the median property tax bill in this area surpasses the national median of $2,400. Understanding these differences is crucial for property owners in Chana as they navigate their tax responsibilities and explore potential avenues for appeal or exemption.

Property Tax Rates Across Chana, Ogle County, Illinois

Source: Ownwell

2.05%

2.35%

2.65%

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 Chana Taxx Rate

2.59%

Median Effective Ogle County Taxx Rate

2.50%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Chana, Ogle County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61015	1.96%	2.33%	2.59%	2.91%	3.15%

Source: Ownwell

Property Tax Assessment Values Across Chana, Ogle County, Illinois

When examining property taxes in Chana, Illinois, 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 Ogle County appraisal district 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 Ogle County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Chana. For example, the median home price in Chana is $142,278, with tax bills ranging significantly across the county. 61015 has the highest median home price at $142,278.

Property Tax Assessment Values Across Chana, Ogle County, Illinois

Source: Ownwell

$95,031

$149,638

$204,244

Median Chana Market Value

$142,278

Median Ogle County Market Value

$139,425

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across Chana, Ogle County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61015	$29,022	$76,046	$142,278	$199,722	$254,867

Source: Ownwell

Property Tax Bills Across Chana, Ogle County, Illinois

In Chana, Ogle County, IL, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, which can fluctuate based on market conditions and improvements made to the property. Homeowners in Chana face property tax bills that can vary significantly. For instance, while some pay as low as $2,171, others see bills as high as $7,249. The median tax bill in Chana stands at $3,754, which is above the national median of $2,400. This disparity highlights the importance of understanding local tax assessments and how they impact homeowners. Ownwell's expertise in property tax appeals and exemptions can be invaluable for homeowners looking to reduce their tax burden. By analyzing the assessed value and ensuring it aligns with the true market value, Ownwell helps homeowners potentially lower their tax bills, ensuring they only pay their fair share.

Property Tax Bills Across Chana, Ogle County, Illinois

Source: Ownwell

$2,011

$3,340

$4,668

Median Chana Tax Bill

$3,754

Median Ogle County Tax Bill

$3,458

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Chana, Ogle County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61015	$1,260	$2,171	$3,754	$5,573	$7,249

Source: Ownwell