|
News from the Assessor's Office |
|
 Apply for Property Tax Savings
Everything Homeowners Need to Know
Exemption applications for the 2024 tax year are now available online. Exemptions are savings that contribute to lowering a homeowner’s property tax bill. The most common is the Homeowner Exemption, saving a property owner an average of $950 dollars each year. As a reminder, exemptions are reflected on the second installment property tax bill. The deadline to apply is Monday, April 21, 2025. See the full list of exemptions here.
Here are three key things that homeowners should be aware of when applying for exemptions.
- New homeowners, first-time applicants, or those that need to reapply can now do so online by visiting, www.cookcountyassessor.com/exemptions. Homeowners are strongly encouraged to apply online so there is a digital record of their application.
- Homeowners need to submit annual filings for the “Senior Freeze” and Veterans with Disabilities Exemptions. Seniors and Veterans that need to reapply will be mailed application booklets in the mail, but are encouraged to apply online.
- The automatic renewal of the Homeowner, Senior, and Persons with Disabilities Exemptions will continue, postcards will be mailed to households confirming that the savings will be applied and no action is needed.
How to Check Your Exemptions If homeowners are unsure of their existing exemptions, they can check by reviewing their “Property Details” and review the Exemption History & Status section.
Multilanguage Applications Available The Assessor’s Office is proud to announce that exemption forms are available in English Spanish, Polish, and simplified Chinese. Applications can be downloaded at www.cookcountyassessor.com/exemptions.
Join a Virtual Workshop Homeowners can join virtual and in-person workshops to learn about exemptions and how to apply. For a list of upcoming in-person and virtual outreach events, www.cookcountyassessor.com/event-list.
|
|
New Property Tax Savings for WWII Veterans
Beginning in tax year 2024, legislation passed that allows veterans who were members of the United States Armed Forces during World War II regardless of their level of disability rating to receive property tax savings.
The term “World War II” means the period beginning on December 7, 1941, and ending on December 31, 1946. If any of the veteran’s service was performed during this time frame, the veteran is considered a World War II veteran.
If the WWII veteran qualifies they will be completely exempt from property taxes and only need to apply for the savings once as it will automatically renew.
|
|
|
|
Watch a video in English to learn about property tax savings and how to apply.
Watch a video in Spanish to learn about property tax savings and how to apply.
|
|
|
|