Based on 4,009 historical multifamily appeals in Lake View Township (2022-2025), TaxRival's data shows a 52% win rate at the Board of Review with an average reduction of 20.8% when successful.
Check Your Property →Class 3 apartment buildings (7+ units) and Class 2-12 small multifamily. Lake View Township sits in the City of Chicago triad of Cook County. Our analysis of historical Board of Review appeal outcomes (2022-2025) shows that multifamily property owners in Lake View have won reductions on 52% of filings, with an average reduction of 20.8% when the BOR grants relief.
The 95th-percentile reduction is 37% — that's our plausibility ceiling for the algorithm, calibrated specifically to multifamily appeals in Lake View. Cases above this threshold are exceedingly rare in the historical record, so claims significantly above 37% would be flagged as outliers and reviewed before filing.
The strongest recent Board of Review reductions on multifamily property appeals in Lake View Township, drawn from BOR decisions in tax years 2022–2024. Pre-appeal AV is the Assessor's value before filing; post-appeal AV is the BOR's final decision. These are real outcomes, not estimates.
| Tax Year | Pre-Appeal AV | Post-Appeal AV | Reduction |
|---|---|---|---|
| 2022 | $670,730 | $110,159 | −83.6% |
| 2022 | $864,121 | $144,737 | −83.3% |
| 2023 | $1,048,091 | $200,000 | −80.9% |
| 2024 | $1,806,545 | $379,249 | −79% |
| 2023 | $679,390 | $165,591 | −75.6% |
| 2024 | $753,979 | $186,235 | −75.3% |
| 2023 | $660,930 | $167,280 | −74.7% |
| 2024 | $101,522 | $26,258 | −74.1% |
| 2024 | $61,091 | $15,933 | −73.9% |
| 2024 | $116,486 | $31,186 | −73.2% |
| 2024 | $109,818 | $29,536 | −73.1% |
| 2024 | $103,150 | $27,886 | −73% |
Source: Cook County Assessor's open data portal (appeal_history dataset). Property identifiers are not displayed for privacy; figures are public record.
TaxRival's algorithm uses township-and-class-specific calibration, not a generic countywide average. When we evaluate your multifamily property in Lake View, we use the 37% cap from this dataset, the 52% historical win rate as a confidence input, and class-specific comparable sales matched to your asset type.
For a deeper look at how Cook County BOR appeals perform across all townships and asset classes, see our 2024 BOR appeal success rates analysis covering all 57,960 commercial and industrial appeals filed last year.
Enter your 14-digit Cook County PIN to see whether your Lake View multifamily property is over-assessed. Our analysis is free, and if we file an appeal, you only pay 25% of first-year savings. No reduction, no fee.