Homestead Exemptions are available for properties that are the principal residence of the owner-taxpayer; the actual tax savings depends upon the amount of the exemption and the tax rate for a specific property.
Available exemptions include:
Exemption 2021 Amount Qualifications in addition to taxpayer occupancy
General $6,000 None
Senior Citizen $5,000 Owner must be 65 years old or older on December 31, 2021
Senior Citizen Assessment Freeze Varies Senior Citizen with household income up to $65,000 in 2020
Home Improvement Up to $25,000 Improvements made to taxpayer-occupied residence
Persons with Disabilities $2,000 Taxpayer-occupant with Class 2 or Class 2A disabilities
Veterans with Disabilities Amount Varies Veteran with service-connected disability rating of at least 30%
Returning Veterans $5,000 Veteran returning from an armed conflict
Some exemptions are applied prior to equalization, and certain conditions may apply. For more information on exemptions, please contact your township assessor, the Kane County Assessment Office at (630) 208-3818, or visit KaneCountyAssessments.org/Pages/Exemptions.aspx.
If a taxpayer qualifies for one these homestead exemptions and it isn't reflected on a tax bill, is it too late to get credit for 2021?
No, it isn't.
Contact the Kane County Assessment Office at (630) 208-3818 to determine if you qualify. If you do, the Board of Review will issue a Certificate of Error and either a corrected tax bill will be issued or a refund will be sent.
The last day a Certificate of Error can be issued to correct a 2021 tax bill is October 1, 2022.
