Illinois Residential Real Property Tax Incentive for Historic Properties

Illinois Historic Preservation Agency

Available Historic Preservation

About This Program

Property tax incentive for substantial rehabilitation of owner-occupied historic homes in Illinois. Assessed value is frozen for 8 years for homes at least 50 years old with qualifying rehabilitation equal to 25% or more of the market value.

Freezes assessment for 8 years after qualified rehabilitation

Key Details

  • 8-year assessment freeze for historic homes
  • Home must be at least 50 years old
  • Rehab must equal 25%+ of market value
  • Must be owner-occupied
  • Apply before starting work

How to Apply

A grant-savvy contractor in Peoria, IL can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Apply before starting rehabilitation work

Need a Contractor for This Grant?

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

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