| Homeowner Exemption | This exemption is available to the majority of householders who own and occupy the property as their primary residence. This exemption reduces the equalized assessed value of an eligible property, thereby generating savings. | This exemption automatically renews each year. | The deadline to file is closed. Homeowners can file for a Certificate of Error to correct past tax bills. |
| Senior Exemption | This exemption is available to the majority of senior householders who are 65 years or older and own and occupy their property as their primary residence. Senior Exemptions offer property tax savings by decreasing the equalized assessed value of eligible properties. | This exemption automatically renews each year. | The deadline to file is closed. Homeowners can file for a Certificate of Error to correct past tax bills. |
| Low-Income Senior | The Senior Exemption is available to the majority of homeowners who meet the eligibility criteria and have a total household annual income of $65,000 or less in the calendar year 2022. By "freezing" the equalized assessed value of an eligible property, this exemption offers substantial savings. | This exemption must be filed annually. | The deadline to file is closed. Homeowners can file for a Certificate of Error to correct past tax bills. |
| Persons with Disabilities Exemption | Homeowners who are eligible for this exemption this year must either become disabled or become disabled during the 2023 tax year. This exemption offers an annual reduction in the equalized assessed value of a property, resulting in property tax savings. | Due to new state legislation, this exemption will automatically be renewed. | The deadline to file is closed. Homeowners can file for a Certificate of Error to correct past tax bills. |
| Returning Veterans Exemption | For each taxable year in which veterans return from active duty in armed conflict, they are granted a reduction in the equalized assessed value of their property. | This exemption must be filed annually. | The deadline to file is closed. Homeowners can file for a Certificate of Error to correct past tax bills. |
| Veterans with Disabilities Exemption | Offers veterans with a service-connected disability, as certified by the U.S. Department of Veteran Affairs, a reduction in the equalized assessed value (EAV) of their property. The quantity of EAV deductions is contingent upon the severity of the disability. | This exemption must be filed annually. | The deadline to file is closed. Homeowners can file for a Certificate of Error to correct past tax bills. |
| Long-Time Homeowner Exemption | This exemption is available to only 2% of homeowners in Cook County. This exemption offers householders an expanded Homeowner Exemption that is not subject to a maximum exemption amount. In addition to satisfying the income and residency requirements, applicants must also demonstrate a substantial assessment increase that surpasses the maximum amounts established by the state legislature. Potentially eligible residents will receive applications via postal mail. | This exemption must be filed annually. | The deadline to file is closed. Homeowners can file for a Certificate of Error to correct past tax bills. |
| Home Improvement Exemption | Permits householders to add modifications to their home that increase its value without being taxed on the added value for a period of up to four years, up to $75,000. | This exemption lasts up to four years. | No application is required. Cook County office office automatically applies this exemption to eligible properties. |
The steps to appeal are complicated and may seem like too much work, but when O’Connor represents your property for appeal, we handle the details. We provide a property tax reduction service to residential homeowners in exchange for a contingency fee of 40 percent of all property taxes saved through administrative hearings or judicial appeal, for that tax year.
