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Market Value vs Assessed Value - What's the Difference? - 9/15/2026

Market value reflects what buyers may pay in today's market, while assessed value is used by local taxing authorities to help calculate property taxes.
Terrance Sullivan ABR, CRS, GRI, SRS, SRES Lyons-Sullivan Realty, Inc. Pontiac, IL (815) 674-6299 471.000082 Contact Me Visit my Website Send a Referral Subscribe to Newsletter