General Homestead Exemption
What does this exemption do?
This exemption reduces the Equalized Assessed Value(EAV) by the amount of the exemption. For the current tax assessment year, the reduction is $8,000.
Who can qualify for this exemption?
A property must be the principal residence of the owner. Exemptions may also be available for cooperatives and qualified life-care facilities. Contact the County Assessment Office for more information.
How do I apply for this exemption?
You must apply for the exemption with the County Assessment Office. You can get an application here General Homestead Exemption Form or you can call 630-208-3818 and one will be mailed to you.
Leasehold General Homestead Exemption Form
35ILCS 200/15-175