GENERAL
HOMESTEAD EXEMPTION:
Available for residential property that is occupied by the
owners as the principal dwelling place. Exemption amount up to
$6,000. No application is needed.
SENIOR CITIZEN HOMESTEAD EXEMPTION:
Available to qualified senior
citizens 65 years of age or over. Home is owned & occupied
by a senior or is leased & occupied by a senior who is
obligated to pay the taxes on the property. Must apply for this
$5,000 exemption.
SENIOR CITIZENS TAX ASSESSMENT FREEZE:
Resident must be 65 years of age
or older and a household income of $65,000 or less. Application
filed with the Supervisor of Assessments Office.
SENIOR CITIZENS REAL ESTATE TAX
DEFERRAL ACT:
Must be at least 65 years of age
by June 1St and annual income of $50,000 or less. Own &
occupy residence for last 3 years. Forms obtained in the County
Treasurer's Office and must be returned by March 1St. Copy of
proof of insurance must accompany forms.
HOMESTEAD IMPROVEMENT EXEMPTION:
For those who qualify, exemption
up to $75,000 of the value of improvement, if it resulted in an
assessment increase. Can continue for up to 4 years.
Unless otherwise noted:
Contact Supervisor of Assessments Office
for forms, requirements and questions concerning exemptions.
(217) 935-7800 |
*DISABLED
PERSONS EXEMPTION:
$2,000 exemption to those that qualify. Class 2 designated
disability ID card obtained from DMV.
*DISABLED VETERANS EXEMPTION:
May exempt up to an assessed value of $100,000. The
Illinois Department of Veteran's Affairs determines eligibility
for this exemption.
*DISABLED VETERANS STANDARD EXEMPTION:
Have a service connected
disability rating of 50% to 100%. Percentage of disability
determines amount of exemption of either $2,500 or $5,000
RETURNING VETERANS EXEMPTION:
A one-time $5,000 exemption to qualifying veterans that
return from active duty in an armed conflict. Must file an
application upon return home.
*can receive only one of these exemptions |
