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General Homestead Exemption

Cook County Assessor / Illinois Department of Revenue

open state

About This Program

The General Homestead Exemption reduces the equalized assessed value (EAV) of a primary residence by up to $10,000 in Cook County. This exemption is available to all homeowners who own and occupy their property as their principal residence. It provides significant annual property tax savings.

Reduces EAV, not the tax bill directly; actual savings depend on local tax rate

Key Details

  • Up to $10,000 reduction in assessed value
  • Available to all owner-occupied homeowners
  • Cook County has the highest exemption in Illinois
  • Must be primary residence
  • File annually with Cook County Assessor

How to Apply

Visit Official Program Page

Deadline: Annual; file with Cook County Assessor

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