2026 Update from the Cook County Assessor
2026 Update from the Cook County Assessor
This course provides a comprehensive overview of the latest policies,
procedural updates, and assessment methodologies implemented by the Cook
County Assessor’s Office for the 2026 assessment year. Participants will
gain insight into changes affecting property valuation, classification,
exemptions, market analysis practices, and administrative procedures
relevant to real estate appraisal professionals working in or with Cook
County.
The program highlights key regulatory adjustments, emerging trends in local property markets, and the Assessor’s current approaches to transparency, data usage, and equitable assessments. Attendees will also review how these updates impact appraisal assignments, reporting requirements, and compliance with Illinois and county-level standards. This course is designed to ensure practicing appraisers remain informed, aligned with current governmental assessment practices, and prepared to apply these updates within their professional work.
TIMELINE OF THE LUNCHEON:
11:00 – 11:30 Registration & Networking
11:30 – 12:10 Welcome Introduction and Lunch, 2025 CCAI President James Erik Smith, SRA – Moderator (Lunch is served)
12:10 - Program begins while dessert is being served
Chicago Chapter President - James Erik Smith, SRA
Chicago Chapter of AI Chapter Business
12:10 – 12:30 Introduction of Topic and Speakers – Chicago Chapter of AI President James Erik Smith, SRA
12:30 – 12:35 Introduction of Michael Piper, Director of Special Properties – Chicago Chapter of AI President James Erik Smith, SRA
12:35 – 1:00 Introduction of Cook County Assessor Fritz Keagi – Chicago Chapter of AI President James Erik Smith, SRA
1:05 – 1:40 Questions and Answers
1:40 – 1:55 Close-out / End – Chicago Chapter of AI President James Erik Smith, SRA
1:55 – 2:00
Lunch will be served family style. Please contact sarah.walsh@appraisalinstitute.org with any dietary restrictions.
Who Should Enroll
Attorneys
Appraisers
Assessors
Bankers
Course Offerings
| Sponsor | Date | Location | Format | ||
|---|---|---|---|---|---|
| Chicago Chapter | April 3, 2026 | Chicago, IL | Classroom | View Details | Register |
Course Objectives
LEARNING OBJECTIVES
By the end of this course, participants will be able to:
- Identify and explain the key policy, procedural, and operational updates issued by the Cook County Assessor’s Office for the 2026 assessment year.
- Evaluate how changes in assessment methodology affect property valuation, classification, and exemption eligibility within Cook County.
- Apply updated assessment practices to appraisal assignments in compliance with county and state regulatory standards.
- Interpret newly released data sources and transparency tools from the Assessor’s Office and incorporate them effectively into market and valuation analyses.
- Analyze the impact of local market trends referenced by the Assessor on property values and appraisal approaches in Cook County.
- Recognize administrative and reporting changes that influence appraisal documentation, submission requirements, and professional workflows.
- Integrate 2026 assessment updates into everyday appraisal practice to ensure accuracy, compliance, and alignment with current governmental procedures.
Course Materials & Recommended Books
State Approvals
| State | QE/CE | Course & Exam | Course Only | Exam Only | Delivery Format | Start Date | Expire Date | State Code |
|---|---|---|---|---|---|---|---|---|
| IL | CE | 2 | Classroom | 12/23/2025 | 12/31/2026 | 575.010867 (Chicago Chapter) | ||
| MI | CE | 2 | Classroom | 02/06/2026 | 06/30/2026 | 20-1350966 (Chicago Chapter) | ||
| MO | CE | 2 | Classroom | 02/11/2026 | 06/28/2028 | 2026000181 (Chicago Chapter) |