This is a reminder for those that purchased a primary residence within Cook County during the past year (2013):
You are reminded that you can now request and receive a Cook County Homeowner's Exemption. The Homeowner Exemption helps Cook County Homeowners as it provides tax relief by reducing the equalized assessed valuation on their Cook County primary residence. (View an informative video regarding this Exemption HERE).
Through this Exemption, Cook County Homeowners can see savings ranging from $250 up to $2000 per year on their primary residence. Residences included in this Exemption are:
- Simgle-Family homes
- Co-Op or Apartment Buildings (up to 6 Units)
Those applying for this Exemption the first time must have been occupants of their property as of January 1st. For those that have been owner/occupants longer ... and did not sell their property to new owners within the last year, the Cook County Homeowner Exemption is automatically renewed.
For those that purchased new construction: The Cook County Homeowner's Exemption is prorated if you purchased a newly constructed home that was not ready for occupancy until sometime after January 1st of the tax year in question.
Applications for the Cook County Homeowner's Exemption may be found at the :
118 North Clark Street, Room 320
Chicago, IL 60602
Hoping to Buy, Refinance or Construct a home in Cook County, a Lincoln-Way Community, Will County, or elsewhere in Chicagoland? Contact Me Today! I'll put my 36 years of Mortgage experience and expertise hard to work on your behalf. I can be easily found at:
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