Senior Citizens in Cook County Can Save Hundreds of Dollars

Senior Citizens in Cook County Can Save Hundreds of Dollars

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According to Chicago’s Cook County Treasurer, Maria Pappas, a large number of senior citizens can reduce the amount of their property tax bills due on August 1. They can do this by applying for exemptions they previously received.

The elderly homeowners, qualified for the Senior Citizen Homestead Exemption last year but the Treasurer’s Office records are showing that as many as 31,000 have not reapplied. An estimate of 21,000 of the pool of seniors have received the Senior Freeze Exemption last year, but are included in those that have not reapplied.

“State law requires that senior citizens reapply every year for these exemptions, which are available to homeowners who are 65 years of age or older,” according to Cook County Treasurer. “The Senior Freeze is limited to seniors with annual household incomes of $65,000 or less. Some of the homes may no longer be eligible for the exemptions.”

For those interested in applying for tax exemptions, they can head over to the Cook County Assessor’s Office. If the application is granted, there will be an adjustment in the individuals bill for the Second Installment of Tax Year 2017. Applications are due on August 1, 2018.

Seniors are able to check the status of their tax exemptions and can make a payment at cookcountytreasurer.com by selecting “Your Property Overview” and then entering in your address or Property Index Number (PIN). 

We can Help! Our local advisors can help your family make a confident decision about senior living.

Call: 800-997-1342

ABOUT THE AUTHOR

Jodelle Maglaya
Jodelle Maglaya

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