Residential Property Tax Exemptions

Below is an explanation of the various residential property tax exemptions.

Homeowners Exemption

The Homeowner Exemption is available to owners of single family homes, condominiums, cooperatives and apartment buildings of six units or less. The property must have been occupied by its current or previous owner as his or her principle residence on January 1st of the tax year for which the exemption is granted. Homeowner Exemptions are automatically applied only if received the prior year. The exemption will be applied on your 2nd installment of your property tax bill. This exemption reduces the home’s Equalized Assessed Value (EAV) minimum of $10,000.

Homeowner's Exemption Application

Senior Citizen Exemption

Senior Citizens receiving a Senior Citizen Exemption automatically receive a Homeowners Exemption and do not have to apply separately. Homeowners who received the Senior Citizen Exemption the prior year will need to apply every year for this exemption.

Senior Citizen Exemption Application

Senior Freeze Exemption

You must file each year in order to continue to receive the Senior Freeze Exemption. Requirements must be met each year to receive the freeze.

Senior Freeze Exemption Application

Returning Veterans’ Exemption

• An Illinois resident who has served as a member of the U.S. Armed Forces, Illinois National Guard or U.S. Reserved Forces,
• Be returning from active duty in an armed conflict involving the armed forces of the U.S.,
• Owned or had a legal or equitable interest in the property and used it as a principle place of residence on January 1, 2014, of the assessment year.
• Be liable for the payment of property taxes.

Returning Veterans' Exemption Application

Disabled Veterans’ Homeowners Exemption

• An Illinois resident who has served as a member of the U.S Armed Forces on active duty or on active duty in the state of Illinois, Illinois National Guard, or U.S. Reserve Forces and has been honorably discharged,
• Have at least a 30% service-connected disability certified by the U.S. Department of Veterans Affairs,
• Own and occupy the property as the primary residence on January 1, of the assessment year,
• Have a total EAV of less than $250,000 for the primary residence, excluding the EAV of property used for commercial purposes or rented for more than six months.

Disabled Veterans’ Homeowners Exemption Application

Disabled Persons’ Exemption

• Disabled or become disabled during the assessment year
• Own or have a legal or equitable interest in the property, or a leasehold interest of a single-family residence
• Occupy the property as the principle residence on January 1, 2014
• Be liable for the payment of property taxes

Disabled Persons' Exemption Application