Tag Archives: disabled veteran homeowner exemption

Property Tax Exemption Deadline Approaching for Some Cook County Homeowners

Eligible Cook County homeowners who did not receive the Homeowner Exemption in 2019 need to file an application for exemption with the Cook County Assessor’s Office by April 9, 2021.

The Homeowner Exemption reduces the Equalized Assessed Value (EAV) of a primary residence by $10,000. Your property tax bill is calculated by multiplying the tax rate in your local district by the EAV. The Homeowner Exemption is available to anyone who owns or leases their principal place of residence in Cook County and is responsible for the property taxes.

The exemption renews automatically so it is not necessary to reapply if you are still living in the same home where you received the exemption last year.
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Property Tax Exemption Deadline Approaching for Some Cook County Homeowners

Exemption Deadlines for Some Cook County Homeowners ApproachingEligible Cook County homeowners who did not receive the Homeowner Exemption in 2018 need to file an application for exemption with the Cook County Assessor’s Office by March 6.

The Homeowner Exemption reduces the Equalized Assessed Value (EAV) of a primary residence by $10,000. Your property tax bill is calculated by multiplying the tax rate in your local district by the EAV. The Homeowner Exemption is available to anyone who owns or leases their principal place of residence in Cook County and is responsible for the property taxes.

The exemption renews automatically so it is not necessary to reapply if you are still living in the same home where you received the exemption last year.
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Cook County Property Taxes: Disabled Veteran Exemption Update

cook-county-disabled-veteran-homeowner-property-tax-exemptionVeterans who own a home in Cook County that are disabled 70% or more no longer have to pay property taxes thanks to recent legislation (SB 107).

The Cook County Assessor has expanded the Disabled Veterans Homeowner Exemption to 100% from a limit of $5,000 previously (see table), for the tax year 2015, which is billed and due in 2016.

Additionally, veterans whose level of disability is between 30-70% are eligible for a property tax exemption of $2,500-$5,000 (see table). These exemptions only apply to veterans with a service-connected disability as certified by the U.S. Department of Veterans Affairs, and whose primary residence is in Cook County. Non-remarried surviving spouses are also eligible.
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Veterans: Be Sure to Claim Your Property Tax Exemptions

Veteran Cook County Homeowner Property Tax ExemptionsFor many years, Jack Schaller of Chicago’s oldest continuously operating bar, paid zero property taxes in the face of ballooning increases – and this is completely legal and fair.

Why? Because he was a veteran and a senior and he took advantage of all exemptions available to him.

If you’re a veteran homeowner in Cook County and you’re not claiming any veteran-related exemptions, you are likely paying much more than your fair share. After all, you’ve served your country so you should at least claim the exemptions you deserve.
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