Shelby County parcel 2311-22-12-212-004
Is the assessment on 407 Cleveland Tower Hill, IL 62571 fair?
Assessed at $14,802 as residential, Tower Hill Township. Below: how the homes near it that actually sold are assessed against what they sold for, and where this one sits among them. Two facts from the county's own record — not an opinion of value, which is what an appeal ultimately needs and what we will give you if you ask.
How the neighbourhood is assessed
30.6%
of what it sold for (middle half 22.5–42.2%); the statute says 33.33%
This parcel among them
4 of 15
sold homes within half a mile are assessed below it
Their assessed values
$23,491
median; $1,114 to $42,495. This parcel: $14,802
Your assessment sits in the middle of the 15 homes near you that sold in the last 3 years. That is what a fair assessment usually looks like; the question is only whether those homes are like yours.
The homes that sold near it
Arm's-length sales recorded with the county in the last 3 years, nearest first, with the assessed value the county carries for each today. Whether any of them is like this house — size, age, condition — is the question the record cannot answer and an appeal turns on.
| Parcel | Distance | Recorded | Price | Assessed | Ratio |
|---|---|---|---|---|---|
| 407 E Benton Tower Hill, IL 62571 | next door | Nov 2023 | $30,000 | $7,113 | 23.7% |
| 308 S Superior Tower Hill, IL 62571 | 0.2 mi | Jun 2024 | $65,000 | $29,016 | 44.6% |
| 703 Craddick Tower Hill, IL 62571 | 0.2 mi | Nov 2025 | $56,000 | $24,977 | 44.6% |
| 208 S Michigan Tower Hill, IL 62571 | 0.3 mi | Oct 2025 | $30,000 | $23,174 | 77.2% |
| 104 W Logan St Tower Hill, IL 62571 | 0.3 mi | Oct 2024 | $78,000 | $24,862 | 31.9% |
| 109 W Benton St Tower Hill, IL 62571 | 0.3 mi | Nov 2025 | $58,000 | $28,233 | 48.7% |
| 514 Fremont Tower Hill, IL 62571 | 0.3 mi | Mar 2026 | $59,000 | $14,936 | 25.3% |
| 102 N Superior Tower Hill, IL 62571 | 0.4 mi | Mar 2025 | $97,500 | $23,491 | 24.1% |
| 202 W Benton St Tower Hill, IL 62571 | 0.4 mi | Aug 2026 | $35,000 | $13,895 | 39.7% |
| Po Box 107 Tower Hill, IL 62571 | 0.4 mi | Apr 2026 | $20,000 | $1,114 | 5.6% |
| 306 S Seneca Tower Hill, IL 62571 | 0.4 mi | Dec 2024 | $75,000 | $24,268 | 32.4% |
| 203 W Buchanan Tower Hill, IL 62571 | 0.4 mi | Sep 2026 | $25,000 | $5,338 | 21.4% |
| 115 Fillmore Tower Hill, IL 62571 | 0.4 mi | Aug 2026 | $102,000 | $19,631 | 19.2% |
| 205 Seneca Tower Hill, IL 62571 | 0.5 mi | May 2024 | $139,000 | $42,495 | 30.6% |
| 308 W Dayton Tower Hill, IL 62571 | 0.5 mi | Aug 2026 | $150,000 | $28,868 | 19.2% |
Prices from PTAX-203 transfer declarations; assessed values from the county assessor's current file (so a home reassessed after its sale shows today's figure against yesterday's price). Not MLS figures. Nothing here names an owner.
What the assessment costs
What the property tax runs
Owner-occupied
$791 / yr
about $66 a month
Owner-occupied, 65+
$72 / yr
both homestead exemptions
No exemptions
$1,330 / yr
a rental or second home
Assessed value $14,802 × the 2024 rate of 8.99% for tax code 23010 (Tower Hill Township), billed in 2025.
The owner-occupied figures take the General Homestead ($6,000 off the assessed value) and Senior Citizens ($8,000) exemptions; the senior freeze, veterans’ and home-improvement exemptions are not shown and can lower a bill further. The rate is the newest the clerk has published; the next levy will move it a little, and a sale can prompt a reassessment. Sources: Shelby County Clerk, Tax Codes and Districts Catalog, 2024 (payable 2025) and the assessor's current file. The bill of record is the treasurer's: Erica Firnhaber, Shelby County Treasurer.
How an appeal actually works here
- Talk to the assessor first. Many differences are a record error — a garage that came down, a square footage that was never right — and get fixed with a phone call, no appeal needed.
- The county Board of Review. A written complaint in the window after the township's assessments are published each year; the office can tell you the dates for this township. Evidence: a recent appraisal, comparable sales, or comparable assessments (the equity argument — the table above is where that starts).
- Then the state. A Board of Review decision can go to the Illinois Property Tax Appeal Board within 30 days of the decision — its forms and rules are on ptab.illinois.gov.
Shelby County Supervisor of Assessments
(217) 774-5579 · Shelby County Courthouse, 301 E Main St, 2nd floor, Shelbyville, IL 62565
the office's page · the Board of Review · PTAB's county sheet
We publish no appeal deadline: the window is set by the township's publication date each year, and the office is the authority on it. Contact details PTAB county sheet (ptab.illinois.gov/counties/Shelby.pdf) and shelbycounty-il.gov, read 2026-09-21.
Ask us to look at it properly
The table above is where an equity argument starts, not where it ends: a Board of Review wants an opinion of market value, and that means someone who has stood in the houses. We will look at 407 Cleveland Tower Hill, IL 62571 against what has sold and tell you honestly whether an appeal looks worth the trouble. No cost, no obligation.