Illinois Department of Revenue
Allows Illinois homeowners age 65+ with household income under $65,000 to defer all or part of property tax increases. Deferred taxes accrue simple interest at 6% and become a lien on the property, payable when property is sold or transferred.
Estimated annual property tax deferral for typical Danville home
Data last verified 2026-06-09. How we verify our data.
A grant-savvy contractor in Danville, IL can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.
Deadline: Annual application deadline March 1
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