Supervisor of Assessments

Home | FAQs | Resources | Events | Fees | Staff

FAQs

1. What is an Owner Occupied exemption? This exemption reduces the final equalized Assessed Value up to $6,000, to to fall below the 1977 equalized assessed value. To qualify, a taxpayer must own and occupy a property as the principal dwelling on January 1st of the assessment year.

2. What is a Senior Homestead exemption? This is exemption reduces the final equalized assessed value by up to $4,000. To qualify for this exemption, a taxpayer must be age 65 or older during the assessment year, own and occupy the principal dwelling on January 1st of the assessment year. The

3. What is the Senior Citizen's Assessment Freeze exemption? This exemption freezes the assessed value (not taxes) back to the base year, each year that the form is completed and returned to the Assessor's Office. To qualify, a taxpayer must own and occupy the property as their principal dwelling on January 1st of

4. What is a Home Improvement Exemption? This exemption is on the property of which you own and occupy. It is only on residential improvements (not on farm improvements i.e. barn, silo, etc.). It reduces the assessed value by the amount of increase (up to $75,000 Fair Market Value) in assessed

5. What is a Disabled Person's exemption? This exemption is for taxpayers that are disabled. There are several different ways of qualifying for the exemption: a Class 2 Illinois Disabled Person Identification Card (Driver's License), Class 2 or 2A, proof of Social Security Disability, proof of

6. What is a Disabled Veteran's exemption? This exemption is for taxpayers that are disabled at least 50% or more through the Veteran's Administration. To qualify, a taxpayer must be an Illinois redisent who served as a member of the U.S. Armed Forces on active duty or state active duty, Illinois

7. Is there a 2nd Disabled Veteran's exemption? Yes, this exemption is for a disabled veteran, or the spouse or unmarried surviving spouse of the veteran. The exemption applies to housing where Federal funds have been used to purchase or construct special adaptations to suit the veteran's disability.

8. What is the Returning Veteran's Exemption? This exemption provides a $5,000 reduction in the equalized assessed value of the veteran's principal residence for two consecutive assessment (tax) years, the tax year and the following tax year that the veteran returns from active duty in an armed confl

9. What is the Veteran's Organization Freeze? This exemption is for property owned and used by a Veteran's Organization on which is located the principal building for the post, camp or charter. This exemption will freeze the assessment at 15% of the property's assessed value. This form must be comp

10. What is the Fraternal Organizational Freeze? This exemption is for property owned and used by a Fraternal Organization whose members provide financial support for charitable works. This exemption will freeze the assessment at 15% of the property's assessed value. This form must be completed annuall

11. What is a Circuit Breaker for Seniors & Disabled? As of January 1, 2013, the Circuit Breaker Program name has been changed to the Benefit Access Program. They will continue to determine eligibility for the following benefits: the license plate discount, the Seniors Ride Free and the Persons with Disabi