Homeowner & Senior Citizen Exemptions

Exemptions reduce the Equalized Assessed Value (EAV) of a property by a specific amount; the actual tax savings depends upon the tax rate for a specific property. The most common exemptions for homeowners are described below.

Kane County Assessment Office
Exemption Programs

Phone: 630-208-3818
Website: view

General Homestead Exemption
The General Homestead Exemption reduces the EAV by the amount of the exemption. For the 2007 tax assessment year, the reduction is $5,000. This will increase to $5,500 for 2008, and $6,000 in 2009. The property must be the principal residence of the owner. Exemptions may also be available for cooperatives and qualified life-care facilities. You must apply for the exemption with the County Assessment Office. Applications are available online or you can call their office and request one be mailed to you.

Home Improvement Exemption
The Home Improvement Exemption reduces the EAV attributable to the improvement for four years based on the Fair Cash Value (up to $75,000) of the improvement. The property must be the principal residence of the owner and have new improvements (such as an addition, patio, or deck) that increase the value of the property. You need not file an application. Your township assessor will certify the amount to the County Assessment Office. If you have any questions, contact your township assessor:

Blackberry Township

Campton Township

Senior Citizen Exemption
The Senior Citizen Exemption reduces the EAV by the amount of the exemption. For the 2007 tax assessment year, the reduction is $3,500. This will increase to $4,000 for 2008. The property must be the principal residence of the owner, who must be age 65 or older by December 31 of the tax assessment year. Exemptions may also be available for cooperatives and qualified life-care facilities. You must apply for the exemption with the County Assessment Office. Applications are available online or you can call their office and request one be mailed to you. After the initial application is approved, you will be mailed a renewal form each subsequent year.

Other Exemptions
The Returning Veterans’ Exemption is a $5,000 reduction in EAV for veteran homeowners in the year they return from an armed conflict. The Disabled Veterans’ Standard Exemption is a reduction in EAV up to $5,000 for veteran homeowners with service-connected disabilities. The Disabled Veterans’ Exemption is a reduction in EAV up to $70,000 for veteran homeowners with service-connected disabilities who require Specially Adapted Housing (SAH). The Disabled Persons’ Exemption is a $2,000 reduction in EAV for disabled homeowners. Contact the County Assessment Office at 630-208-3818 for more information on these exemptions.

Senior Citizen Property Tax Deferral Program
The Senior Citizen Real Estate Tax Deferral Program provides tax relief for qualified senior citizens age 65 and over with a total household income of not more than $50,000 per year. The program allows them to defer all or part of their property taxes and special assessment payments on their principal residence. The deferral is similar to a loan against the property’s market value. Deferred amounts are borrowed from the state, which pays the tax bill. A six percent simple interest rate is charged on the deferred amount and a lien is filed on the property. Interest is charged for each year that the deferred amount is carried. Deferred amounts must be repaid within one year of the taxpayer’s death or 90 days after the property is sold, transferred, or otherwise no longer qualifies for the program. For more information, or to apply for the program, call the Office of the Kane County Treasurer  or visit their website.

Kane County Treasurer

Senior Assessment Freeze
The Senior Assessment Freeze effectively freezes your assessment at a base year causing your net assessment not to increase. This does not freeze your taxes, only your assessment. The property must be the principal residence of the owner for the beginning of two consecutive years, and the owner must be age 65 or older by December 31 of the tax assessment year and meet certain household income requirements. The maximum household income for this exemption is $50,000 in the 2007 tax assessment year, increasing to $55,000 in 2008. You must apply for the exemption with the County Assessment Office. Applications are available online or you can call their office and request one be mailed to you. After the initial application is approved, you will be mailed a renewal form each subsequent year.

Historic Residence Assessment Freeze
The Historic Residence Assessment Freeze Program effectively freezes the assessed valuation of an owner-occupied certified historic residence that has been rehabilitated according to historic preservation standards. The assessed valuation is frozen for eight years at the pre-rehabilitation level, then increased to market level over a period of four years. For more information, contact the Kane County Historic Preservation Planner.

Kane County Historic Preservation Planner

Phone: 630-208-5347

Circuit Breaker Tax Grant
The Circuit Breaker Tax Grant Program provides grants to income-eligible senior citizens age 65 and over, and persons with disabilities, to help them reduce the impact of property taxes. Grant amounts are based on a formula using the amount of property tax or mobile home tax for their place of residence and total income. Grants for renters and nursing, retirement or shelter care home residents is figured using a percentage of the amount paid in rent or nursing home charges. For more information, or to apply for the program, call the Illinois Department on Aging (be sure to have your Social Security Number handy when you call) or go to their website.

Illinois Department on Aging