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Cook County Class 9 (AHSAP) Transfer Mechanics - Filing Timing Question
Hey Chicago investors -
Quick technical question on the Cook County AHSAP (Class 9) incentive.
I am under contract on a 16-unit in Phoenix, IL, and we just received our formal approval letter from the Assessor reducing the AV by 25% through 2033.
My question: When transferring title to the new partnership entity, does the 'Change of Ownership' affidavit need to be recorded before funding, or can the title company handle it simultaneously with the deed? I want to ensure we don't accidentally trigger a reset on the tax freeze during the transfer.
Has anyone navigated this specific transfer recently? Thanks.


