Supervisor of Assessments - Exemptions

 







Property Tax Exemptions
Supervisor of Assessments
Phone: (217) 554-1940
Fax: (217) 554-1955
Hours:   Monday - Friday from 8:00 a.m. to 4:30 p.m. (excluding legal holidays)
 


 
 
 
 

 

Disabled Persons' Exemption
 
The Disabled Persons' Homestead Exemption (35 ILCS 200/15-168) provides a $2,000 reduction in a property's EAV to a qualifying person owned by a disabled person.
 
A disabled person must file an annual application by the county's due date to continue to receive this exemption.  (554-1940)
 
A disabled person's or disabled veteran's property can receive only one of the following exemptions each year:

Disabled Veterans' Exemption (35 ILCS 200/15-165)
Diabled Persons' Exemption (35 ILCS 200/15-168)
Disabled Veterans' Standard Exemption (35 ILCS 200/15-169)
 
Disabled Veterans' Standard Exemption
 
The Disabled Veterans' Standard Homestead Exemption (35 ILCS 200/15-169 provides a reduction in a property's EAV to a qualifying property owned by a veteran with a service-connected disability certified by the U.S. Department of Veterans' Affairs.  A $2,500 homestead exemption is available to a veteran with a service-connected disability of at least 50% but less than 70% or a $5,000 homestead exemption is available to a veteran with a service-connected disability of at least 70%.
 A disabled veteran must file an annual application by the county's due date to continue to receive this exemption.
The current Disabled Veterans' Homestead Exemption (35 ILCS 200/15-165) that provides up to a $100,000 reduction in assessed value for federally-approved specially adapted housing will continue to be available through the local Veterans' Affairs Office.
A disabled person's or disabled veteran's property can receive only one of the following exemptions each year:

Disabled Veterans' Exemption (35 ILCS 200/15-165)
Diabled Persons' Exemption (35 ILCS 200/15-168)
Disabled Veterans' Standard Exemption (35 ILCS 200/15-169)
 
Homestead Improvement Exemption (H.I.E.)
 
Homeowners who have made improvements to an existing residential structure may qualify for the H.I.E. for up to $75,000 of the value of the improvements, if an assessment increase has resulted. The H.I.E. can continue for up to 4 years from the completion of the improvements. Property owners who have questions about this particular exemption should contact their Township Assessor.
 
Owner Occupied Exemption
 
The Owner Occupied Exemption (or general homestead exemption) is given to any taxpayer who owns and occupies a property as his or their principal dwelling, and has a current application on file with the Supervisor of Assessments' office, Courthouse Annex. This exemption goes up to a maximum reduction of $6,000 based on 1977 equalized values. It also applies to each apartment owned and operated as a cooperative to the extent that the apartment is occupied by a person liable for the property taxes and who has an ownership interest in the cooperative. (554-1940)

* Apply only once unless you move.
 
Returning Veteran Exemption
 
The Returning Veterans’ Homestead Exemption (35 ILCS 200/15-167) provides a two year $5,000 reduction in a property’s equalized assessed value (EAV) to qualifying veterans who return from active duty in an armed conflict involving the armed forces of the United States.

To receive this exemption, the veteran must file an application upon their return home. (554-1940)
 
Senior Citizens Assessment Freeze Homestead Exemption
 
The Senior Citizens Assessment Freeze Homestead Exemption is available to persons 65 years of age with a total household income for the previous year of $55,000 or less, and who reside on the property. Property owners must apply for this exemption annually by July 1st. For more information on this exemption and its requirements, please contact the Supervisor of Assessments' office at the Courthouse Annex. (554-1940) 
 
Senior Citizens Exemption
 
The Senior Citizen Exemption is for taxpayers who will be 65 years of age or older any time during the assessment year and who own and occupy their principal dwelling January 1st of the assessment year. Application for this $5,000 reduction in the assessed value must be made at the Supervisor of Assessments' office at the Courthouse Annex. (554-1940)

* Apply only once unless you move.