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The Home Improvement Exemption allows a homeowner to add improvements to their home that add to its value (for example, by increasing the buildings square footage, or repairing after structural flood damage) without being taxed on up to $75,000 of the added value for up to four years. No application is required.
This program allows persons 65 years of age and older, who have a total household income for the year of no greater than $65,000 and meet certain other qualifications, to defer all or part of the real estate taxes and special assessments (up to a maximum of $7,500) on their principal residences.
A Person with Disabilities Exemption is for persons with disabilities and provides an annual $2,000 reduction in the equalized assessed value (EAV) of the property.
Most homeowners are eligible for this exemption if they own and occupy their property as their principal place of residence. Once the exemption is applied, the Assessors Office auto-renews it for you each year. A Homeowner Exemption provides property tax savings by reducing the equalized assessed value.
Most homeowners are eligible for this exemption if they own and occupy their property as their principal place of residence. Once the exemption is applied, the Assessors Office auto-renews it for you each year. A Homeowner Exemption provides property tax savings by reducing the equalized assessed value.
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For tax years beginning January 1, 2022, it is $2,425 per exemption. If someone else can claim you as a dependent and your Illinois income is $2,425 or less, your exemption allowance is $2,425. If income is greater than $2,425, your exemption allowance is 0. For the 2021 tax year, it is $2,375 per exemption.
A Person with Disabilities Exemption is for persons with disabilities and provides an annual $2,000 reduction in the equalized assessed value (EAV) of the property.
Who is eligible? The low-income senior citizens assessment freeze homestead exemption qualifications for the 2023 tax year (for the property taxes you will pay in 2024), are listed below. You will be 65 or older during 2023. Your total household income in 2022 was $65,000 or less.

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