South/Southwest Suburban Triad — Multifamily

Multifamily / Apartment Buildings Tax Appeals in Riverside Township

Based on 53 historical multifamily appeals in Riverside Township (2022-2025), TaxRival's data shows a 20% win rate at the Board of Review with an average reduction of 24.9% when successful.

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53
Appeals Analyzed
20%
Win Rate
24.9%
Avg Reduction (When Won)
22%
95th Percentile Cap

Multifamily Property Appeals in Riverside

Class 3 apartment buildings (7+ units) and Class 2-12 small multifamily. Riverside Township sits in the South/Southwest Suburban triad of Cook County. Our analysis of historical Board of Review appeal outcomes (2022-2025) shows that multifamily property owners in Riverside have won reductions on 20% of filings, with an average reduction of 24.9% when the BOR grants relief.

The 95th-percentile reduction is 22% — that's our plausibility ceiling for the algorithm, calibrated specifically to multifamily appeals in Riverside. Cases above this threshold are exceedingly rare in the historical record, so claims significantly above 22% would be flagged as outliers and reviewed before filing.

Top Recent Multifamily BOR Wins in Riverside

The strongest recent Board of Review reductions on multifamily property appeals in Riverside Township, drawn from BOR decisions in tax years 2024–2025. 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
2025 $570,381 $129,888 −77.2%
2024 $26,313 $20,355 −22.6%
2024 $20,516 $16,048 −21.8%
2024 $11,821 $9,586 −18.9%
2024 $11,821 $9,586 −18.9%
2025 $94,800 $78,168 −17.5%
2024 $831,241 $720,000 −13.4%
2024 $76,158 $66,724 −12.4%
2025 $124,900 $111,319 −10.9%
2024 $94,689 $90,442 −4.5%
2025 $325,631 $325,631 0%
2025 $294,772 $294,772 0%

Source: Cook County Assessor's open data portal (appeal_history dataset). Property identifiers are not displayed for privacy; figures are public record.

How We Use This Data

TaxRival's algorithm uses township-and-class-specific calibration, not a generic countywide average. When we evaluate your multifamily property in Riverside, we use the 22% cap from this dataset, the 20% 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.

Other Property Types in Riverside Township

Top Multifamily Townships by Win Rate

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