Are you lost in the complexities of today's
real estate market?

 

You need a knowledgeable leader to guide you
through the meanders of the real estate turf. 
We Can Help You, We Want to Help You. 

Who we are?

Fisk Kart Katz and Regan, Ltd., founded in 1939, is one of the oldest boutique real estate law firms in Chicago.  The majority of the firm's cases are for large and small corporate clients with multi-jurisdictional property needs. The firm is the Illinois member of American Property Tax Counsel, the national affiliation of property tax attorneys.

What we do?

Fisk Kart Katz and Regan, Ltd. focuses its practice on ad valorem taxation and real estate and construction law. Our services include but are not limited to Assessment Valuation, Assessment Appeals, Property Tax Appeals, Tax Management, Incentive Programs, Acquisitions, Dispositions, Financing, Distressed Assets, Land Use, and more... Through affiliating with American Property Tax Counsel we offer local expertise with national capabilities to major portfolio owners.

How we do it?

We are a leader in theory and practice, we develop and advance progressive theories that enable our clients to maximize their profits and minimize levies. We are advancing theories like tangible and intangible personal property, purchase price allocation, business enterprise value segmentation.

We represent contractors and developers in all aspects of the construction process, emphasizing focused preparation of project bids, contracts, surety bonds and other matters.

 

April 2012

Fisk Kart Katz & Regan in Forbes

As seen in Forbes Magazine: "In Chicago, nobody has more experience helping businesses make sense of their property tax obligations while minimizing their liabilities than the law  firrm of Fisk Kart Katz and Regan Ltd...."

 

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Property Tax Issue:

2012 Re-Valuation Of The City Of Chicago

By next week, the Cook County Assessor's Office will have published all of its proposed 2012 real estate Assessed Values for the County. That includes the assessments for the City of Chicago, which is currently being re-valued as part of the County's three-year valuation process. The only area awaiting re-valuation notices is the Central Business District south of the Chicago River. The appeal process is an integral part of the re-valuation. In assigning value to real estate, the Assessor relies on market data such as sales and rental rates that have been collected over the past three years. There has been a great reduction in sales and rental rates for office properties, retail facilities and industrial buildings continue to go down. Those specifics and others affect value significantly and ultimately their real estate taxes... More»

 

Updated September 2012

What Revaluation Means for Chicago

" In Chicago specifically, the most telling statistic may be the lack of property sales. From an average of 50,000 to 55,000 Cook County sales per year in the boom years, sales in the last three years have not exceeded 5,500 per year..."

By James P. Regan, Esq., as published by National Real Estate Investor - online

Cook County, Ill. systematically revalues all properties for taxation every three years, and 2012 is the reassessment year for Chicago. The last revaluation took place in 2009, shortly after the collapse of Lehman Brothers and the beginning of the Great Recession. The county has already sent reassessment notices to real estate owners in the northern sections of Chicago and will notify those in the rest of the city of the proposed assessed value of their properties over the next six months. The 2012 assessment will be used to determine each Chicagoan's real estate taxes through 2014... More»