South Holland, Cook County, Illinois Property Taxes
Property Taxes in South Holland, Illinois
Median South Holland, Illinois effective property tax rate: 3.85%, significantly higher than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median South Holland, Illinois home value: $200,000
Median annual South Holland, Illinois tax bill: $7,430, $5,030 higher than the national median property tax bill of $2,400.
How are property taxes in Cook calculated?
Property taxes in South Holland, Illinois 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 South Holland's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in South Holland, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
South Holland, Cook County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.85%
Estimate Property Tax Bill
$7,700
$7,145
$774
Average Annual Tax Savings
How Does the South Holland Property Tax Calculator Work?
Use this South Holland property tax calculator to estimate your annual tax bill. Enter your property's assessed value and our calculator applies South Holland's median effective tax rate of 3.85% — based on actual property records in Cook County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies South Holland's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within South Holland: rates range from 3.85% in 60473 to 3.85% in 60473, primarily due to differences in school district levies and local assessment districts. South Holland's median property tax bill is $7,430, which is higher than the Illinois median of 2.33% and $5,030 above the state median bill.
If your estimate is higher than expected, Ownwell can appeal your South Holland assessment — you only pay if we save you money.
About South Holland Property Taxes
About Property Taxes in South Holland, Cook, Illinois
South Holland’s median effective property tax rate of 3.85% is higher than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Cook County levy along with local school district levies and special service areas that can vary by subdivision throughout the city.
Property tax rates are not uniform across South Holland. Homeowners in the 60473 ZIP code carry a median effective rate of 3.85%, while the lowest ZIP code is also 60473 at 3.85%. That means there is no spread across the city in the available data, but the rate still sits well above both the state and national medians.
South Holland homeowners who believe their assessed value is too high can file a formal appeal with the Cook County Assessor’s Office.
If your estimated bill seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across South Holland, Cook County, Illinois
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, 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.
Below, you can compare South Holland's effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.
Our median effective property tax rate (tax bill Ă· 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 South Holland Tax Rate
3.85%
Our median effective property tax rate (tax bill Ă· 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 Cook County Tax Rate
2.14%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across South Holland, Cook County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60473 | 2.40% | 3.35% | 3.85% | 4.43% | 4.67% |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Assessment Values Across South Holland, Cook County, Illinois
When examining property taxes in South Holland, 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 Cook 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.
Assessment notices:
In Cook County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 South Holland.
For example, the median home price in South Holland is $200,000, with tax bills ranging significantly across the county. 60473 has the highest median home price at $200,000.
Property Tax Assessment Values Across South Holland, Cook County, Illinois
Source: Ownwell
$28,470
$625,355
$1,222,240
Median South Holland Market Value
$200,000
Median Cook County Market Value
$248,820
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across South Holland, Cook County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60473 | $138,993 | $172,918 | $200,000 | $214,372 | $240,186 |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Property Tax Bills Across South Holland, Cook County, Illinois
Property tax bills in South Holland are based on a home’s assessed value and the local tax rate set by taxing authorities in Cook County. When a property’s market value rises, the assessed value can increase too, which may lead to a higher tax bill. For homeowners, that means the amount owed can vary widely depending on the home’s value and how it is assessed.
In South Holland, the median home price is $200,000, and the median property tax bill is $7,430 in ZIP code 60473. That is well above the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Bills in the area also range from $5,992 at the 25th percentile to $8,678 at the 75th percentile.
Ownwell can help homeowners review their assessed value, identify potential savings, and file a property tax appeal when appropriate. A successful appeal can reduce an overassessment and lower future property tax bills.
Median South Holland Tax Bill
$7,430
Median Cook County Tax Bill
$5,588
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across South Holland, Cook County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60473 | $3,160 | $5,992 | $7,430 | $8,678 | $10,115 |
Source: Ownwell
$774
Average Annual Tax Savings
Save on Your Property Taxes and More With Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Tax Bill | |
| Issued | February 1 |
| Due Date #1 | March 1 |
| Due Date #2 | August 1 |
Links | |
|---|---|
| Cook Assessor’s Office | |
| Phone | (312) 443-7550 |
| Website | assessorpropertydetails.cookcountyil.gov |