Benefit:
This exemption lowers the equalized assessed value of the property by $5,000. This exemption may be claimed in addition to the General Homestead Exemption.
Qualifications
:
To qualify, applicants must:
- Be 65 years of age or older
- Own and live in the property as their principal residence
To Apply:
Applications can be filed with the Chief County Assessment Office or the
local township assessor's office. There is no annual renewal for this exemption. Applicants will need to provide proof of age ( ex. driver's license, state ID), and proof of ownership (copy of the deed).
Application:
Senior Homestead Exemption Application (PDF)
35 ILCS 200/15-170