EXEMPTIONS
- General Homestead Exemption (Owner Occupied Exemption)
This exemption is available to owners of single family homes, condominiums, cooperatives, and apartment buildings of six units or less. In order to qualify for the exemption, the property must have been occupied by its current or previous owner as his or her principal residence on January 1 of the year for which the exemption is granted.
- Senior Citizens Homestead Exemption
To qualify for this exemption, you must be at least 65 years of age, the property involved must be your principal residence on January 1 of the year for which the exemption is requested and you must either own the property or have a lease which makes you responsible for the property taxes.
- Disabled Person Exemption
The disabled person exemption reduced the EAV by $2000.00 To apply for this exemption, you must provide a copy of your award letter from social security or state ID card for disabled person.
- Home Improvement Exemption
The Home Improvement Exemption allows a homeowner up to $75,000 in home improvements without increasing the taxable Assessed Valuation of the property for four years. The property must qualify for the general homestead exemption. It must also be used exclusively for a residential purpose.
- Senior Citizens Assessment Freeze Homestead Exemption (SCAFHE)
The senior citizens assessment freeze homestead exemption allows qualified senior citizens to elect to freeze the equalized assessed value of their property. Upon eligibility, the applicant establishes a "base year" for which the assessed valuation is "frozen" at a "base amount". This "base amount" may change if new improvements are added. To be eligible for this exemption you must be 65 years of age or older for the taxable year; have a household income of no more than $65,000 for the prior year, have used the property as the principal place of residence on January 1 of the taxable year; own the property or have a legal or equitable interest in the property by written instrument (or have a leasehold interest in property by written instrument); and be liable for the payment of property taxes for the taxable year. The renewal form must be filed each year in order to continue to receive the exemption. The eligibility requirements must also be met each year. Renewal applications must be submitted by June 1 of the taxable year.
- Disabled Veteran Exemption
The Veterans Exemption is available for disabled veterans whose disability is of such a nature to qualify for Federal funds to construct special adaptations to suit the veteran’s disability. The exemption must be reestablished annually by the Illinois Department of Veteran’s Affairs, who certifies the exemption to the local assessing officials.
Information regarding these exemptions can be obtained at the
Supervisor of Assessment's Office.
