Illinois Senior Citizens Real Estate Tax Deferral Program

Illinois Department of Revenue

Available Property Tax Relief

About This Program

Allows Illinois homeowners age 65+ with household income under $65,000 to defer all or part of property tax increases on their principal residence. The deferred taxes plus 6% simple interest become a lien on the property, payable when home is sold or ownership transferred.

Defers property tax increases with 6% simple interest

Key Details

  • Defer property tax increases for seniors 65+
  • Household income under $65,000 required
  • 6% simple interest accrues on deferral
  • Payable when home is sold
  • Reduces annual housing costs

How to Apply

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

Deadline: Applications accepted year-round

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