General Homestead Exemption Requirements

• The property must be your primary residence
• The property must be owner-occupied
• You are only entitled to one exemption regardless of the number of homes you own
• Spouses who maintain separate homes receive 50% of the exemption on each of the two homes

If you own more than one home, your primary residence would be the same as stated on your driver’s license and the address you use to file your Federal Income Tax Return.

The home improvement exemption is another exemption approved by the township assessor when the assessed value of your property is increased solely for additional improvements, i.e., room additions, extra garages, and in-ground pools that were added after the home was initially completed; that increased amount is the exemption. The exemption has a limit of $25,000 assessed value, which equals $75,000 in market value for four years from when the improvement was completed. The information for the additional improvement is sent here to our office by way of the building permit you took out to add those improvements. If the other improvement is not discovered and four years have passed, there is no further exemption.

There are exemptions for Veterans and disabled persons; however, those are approved and maintained at the Will County Supervisor of Assessments Office. We do have the forms available in our office for you to fill out and submit. We then forward them to Will Cou y for approval. Please follow this link for more information: www.willcountysoa.com.

Please see the Senior Info page for more information on renewals for these exemptions.