Senior Citizen Tax Deferral Program

About the Program

The Senior Citizen Tax Deferral is a program that allows qualified senior citizens to defer part or all of the property taxes on their personal residence.

General Information

  • This is a state loan with a 3% simple interest rate.
  • Repayment upon death or sale of home.
  • A lien will be placed on your property.
  • The program may be utilized for multiple years, if you meet the qualifications.
  • Must file a new application each new tax year.
  • You may apply for other senior tax programs even though you are on the deferral program.
  • Those that have a current mortgage, 2nd mortgage or reverse mortgage must check with their lending institution to see if you qualify.
  • Your completed application must be notarized and returned by March 1.

Mail to:
Lake County Treasurer 
18 N County Street Room 102
Waukegan, IL 60085 

Requirements of Eligibility

  • Applicant must be 65 years old as of June 1st of the tax year claimed.
  • Total household income $65,000 or less.
  • The state LOAN qualifies senior citizens up to $7,500 yearly to pay property taxes.
  • Proof of income and homeowners insurance.
  • Property cannot be income producing, such as rental income.
  • Must be your primary residence only.
  • Property taxes must be current at the time of application.
  • The cumulative value cannot exceed 80% of any loans or liens on the property.
  • Taxes may be paid at any time without affecting the deferral status.

For More Information

(320 ILCS 30/) Senior Citizens Real Estate Tax Deferral Act

Please contact the Lake County Treasurer’s Office at 847-377-2323 or e-mail [email protected] for a Tax Deferral Application or if you have any questions.