35 ILCS 200/1-55
Current through Public Acts 103-1 through 103-587, 103-589, and 103-590
One-third of the fair cash value of property, as determined by the Department's sales ratio studies for the 3 most recent years preceding the assessment year, adjusted to take into account any changes in assessment levels implemented since the data for the studies were collected.
35 ILCS 200/1-55