General Homestead Exemption

Cook County Assessor / Illinois Department of Revenue

Open Home Repair

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 Track this program

800-426-4791

Deadline: Annual; file with Cook County Assessor

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find Contractors in Chicago, IL Are You a Contractor? Get Listed

Find More Programs in Chicago, IL

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

See All Programs