Property Tax Exemptions

The 2021 tax year exemption applications are due Friday, August 26, 2022.

Cook County Assessor Fritz Kaegi announces that property-tax-saving exemptions for the 2021 tax year are now available online in a new, streamlined application. Exemptions are savings that contribute to lowering a homeowner’s property tax bill. The most common is the Homeowner Exemption, which saves a Cook County property owner an average of $973 dollars each year. Read about each exemption below. 

Many exemptions automatically renew this year due to COVID-19. Homeowners can check the Cook County Portal website, then review the Exemption History and Status section to determine which exemptions they received last year and if they will auto-renew this year. New homeowners and those that need to reapply can do so by completing the online application.

Every year the Assessor's Office sends mail to households regarding property tax exemptions. Most recently booklets were sent to over 100,000 households that need to either reapply for exemptions or may be eligible to receive savings. View a simple reference guide to understand the mail from our office. 

Step 1

Existing Homeowners: Determine if your exemption(s) will automatically renew this year or if you need to reapply. 

Step 2

New Homeowners: Determine if you are eligible to apply for exemption(s) this year. 

Step 3

Gather your supporting documents and apply online.

Please Note: Exemption deductions only appear on the second installment property tax bill which is issued later this year. 


Homeowner Exemption

Most homeowners are eligible for this exemption if they own and occupy the property as their principal place of residence. Once this exemption is applied, the Assessor’s Office auto-renews it for you each year. This exemption provides savings by reducing the equalized assessed value of an eligible property. 
Automatic Renewal: Yes, this exemption automatically renews each year. 
Due Date: August 26, 2022

Senior Exemption

Most senior homeowners are eligible for this exemption if they are 65 years of age or older and own and occupy their property as their principal place of residence. Once this exemption is applied, the Assessor’s Office automatically renews it for you each year. A Senior Exemption provides property tax savings by reducing the equalized assessed value of an eligible property.
Automatic Renewal: Yes, this exemption automatically renews each year. 
Due Date: August 26, 2022

“Senior Freeze” Exemption 

Most homeowners are eligible for this exemption if they meet the requirements for the Senior Exemption and have a total household annual income of $65,000 or less in the calendar year 2020. This exemption provides significant savings by "freezing" the equalized assessed value of an eligible property. 
Automatic Renewal: Yes, this exemption will automatically renew for the 2021 tax year due to the COVID-19 pandemic.
Due Date: August 26, 2022

Persons with Disabilities Exemption

Homeowners eligible for this exemption this year must be disabled or become disabled during the 2021 tax year. This exemption provides property tax savings with an annual reduction in the equalized assessed value of a property. Click the button below to learn more about eligibility and the documents required to apply. 
Automatic Renewal: Yes, this exemption will automatically renew for the 2021 tax year due to the COVID-19 pandemic.
Due Date: August 26, 2022

Returning Veterans Exemption

Provides veterans returning from active duty in armed conflict with a reduction in the equalized assessed value of their property – for each taxable year in which they return. This exemption must be filed annually. Click the button below to learn more about eligibility and the documents required to apply. 
Automatic Renewal: No, this exemption must be filed annually.
Due Date: August 26, 2022

Veterans with Disabilities Exemption

Provides veterans with a service-connected disability as certified by the U.S Department of Veteran Affairs with a reduction in the equalized assessed value (EAV) of their property.  The amounts of those EAV deductions depend on the level of disability. Click the button below to learn more about eligibility and the documents required to apply.
Automatic Renewal: Yes, this exemption will automatically renew for the 2021 tax year due to the COVID-19 pandemic.
Due Date: August 26, 2022

Long-Time Homeowner Exemption

Only 2% of homeowners in Cook County qualify for this exemption. This exemption provides homeowners with an expanded Homeowner Exemption with no maximum exemption amount. In addition to meeting income and residency requirements, applicants must also have a significant assessment increase that exceeds the maximum amounts set by the state legislature. Applications will be mailed directly to potentially eligible homeowners. 
Automatic Renewal: No, this exemption must be filed annually. 
Due Date: Applications will be mailed to potentially eligible homeowners and are due by August 26, 2022.

Home Improvement Exemption

Allows homeowners to add improvements to their home that add to its value (for example, by increasing the building’s 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.
Automatic Renewal: Yes. This exemption lasts up to four years.
Application Due Date: No application is required. Our office automatically applies this exemption to eligible properties.

*Please Note: Equalized Assessed Value (EAV) is not the amount of your taxes. The EAV is the taxed value of the property. A reduction in EAV is not the dollar amount of reduction of a tax bill. Each property's tax bill is affected by its EAV and its local tax rate that year.


Missing exemptions from prior tax years?

If an exemption you were entitled to in a prior tax year was not applied to a second installment property tax bill, you may be able to apply for a refund through the Certificate of Error process. 

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