Information only. Homestead Exemption Finder is not a government agency or tax adviser. Exemptions are granted by your county or local assessor, so confirm the rules and deadline with them.
Cook County, IL Homestead Exemption: How to File
How the homestead exemption and property tax relief work for homeowners in Cook County, Illinois: the statewide program, where to file locally and how much you might save.
Counties, cities and school districts in Illinois may add their own exemptions or set different rates. The office above lists what applies to Cook County homes.
The Illinois statewide program
General Homestead Exemption and other homestead exemptions
Illinois Department of Revenue
Most homeownersSeniorsDisabilityVeterans
What it does
Reduces the equalized assessed value of an owner-occupied home. Separate exemptions exist for seniors, senior assessment freeze, disabled persons and veterans.
Who qualifies
Owners who occupy the property as their principal residence.
Senior Citizens and Disabled Veterans Homestead Exemptions
Illinois Department of Revenue
SeniorsVeteransDisability
What it does
The Senior Citizens Homestead Exemption reduces equalized assessed value by up to $8,000 in Cook and nearby counties and $5,000 elsewhere. The Disabled Veterans' Standard Homestead Exemption reduces it by $2,500 or $5,000 or fully exempts up to $250,000 for a 70% or higher rating.
Who qualifies
Owner-occupants 65 or older; veterans with a service-connected disability of at least 30%.
How to apply
Apply with your county assessor's office; most counties require a yearly renewal.