Take Action: Oppose the Proposed Amendments to RLTO
We need you to take immediate, quick action to avoid negative ramifications to law-abiding property owners and private property rights. Take one minute to tell your elected officials you OPPOSE […]
State Grant Initiative Announced to Help Communities and Businesses
Governor Pritzker announced a new state initiative to help communities and businesses affected by COVID-19 and recent protests. New state budget funds and funds from the CARES Act make up […]
Illinois Business Interruption Grant Available for Affected Businesses
The Illinois Department of Commerce & Economic Opportunity will be providing $600 million for 3,500 businesses that were interrupted due to the COVID-19 pandemic through the Illinois Business Interruption Grant. […]
Small Business Administration Makes Updates to Paycheck Protection Program
Starting Wednesday, June 17, the Small Business Administration (SBA) and U.S. Treasury Department will begin offering automatic forgiveness for certain independent contractors and create a broader application form for the […]
Our Stance on Mayor Lightfoot’s COVID-19 Eviction Protection Ordinance
The Ordinance On Monday, June 15, Mayor Lightfoot introduced the COVID-19 Eviction Protection Ordinance, which provides tenant protection and seeks to minimize COVID-19 related evictions. This legislation requires landlords filing […]
Treasurer Pappas Increases Time to Pay Delinquent Property Taxes
Illinois passed a new law last week that increases the time to pay delinquent property taxes from nine months to 13 months. According to Cook County Treasurer Maria Pappas, who […]
Cook County Assessor’s Office Announces Market Valuation Adjustments
On May 28, the Cook County Assessor’s Office (CCAO) released specifics on how property valuations would change for the South and West suburbs from the impact of COVID-19. While the […]
Cook County Extends Property Tax Payment Deadline
On Thursday, May 21 Cook County extended the deadline for property tax payments in response to the COVID-19 pandemic. The extension offered by the County is among the efforts to […]
Our Stance on the Proposed Relocation Assistance Ordinance
The Proposed Ordinance On Wednesday, May 20 Mayor Lightfoot introduced an ordinance affecting non-renewals of existing leases and termination of month-to-month leases. The proposal would require landlords to: You can […]
May 2020 Advocacy Update
The Chicago Association of REALTORS® is busy working virtually on your behalf to ensure the safety and security of our industry in the Chicago area. It is important to remember […]
What You Need to Know: COVID-19 Emergency Renter and Homeowner Protection Act
On Monday, Illinois State Representative Delia C. Ramirez (HD-4; East Village, Noble Square, and parts of West Town, West Humboldt Park and Hermosa) announced legislation in collaboration with Senator Robert Peters […]
Cook County Assessor Changes in Response to COVID-19
Cook County Assessor Fritz Kaegi announced changes to property tax valuations based on the impact of COVID-19. While the announcement comes at a time when property owners are worried about […]