Cook County Assessor's Office
Cook County Senior Citizen Homestead Exemption is available to homeowners in Mount Prospect, IL.
Reduces the equalized assessed value (EAV) of a home by $8,000 for Cook County homeowners age 65 or older. This reduces annual property tax bills. No income limit. Automatically renewed each year once approved.
Reduces EAV by $8,000, lowering property tax bill annually
Official source site checked live on 2026-06-22.
Data last verified 2026-06-09. How we verify our data.
In Mount Prospect, IL, you can combine this program with other local help to cut your cost:
A grant-savvy contractor in Mount Prospect, IL can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.
Documents you will likely need
Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.
Deadline: Automatic renewal once approved
Ask us. It is free, and a real person answers within a business day.
Email us about this programAnnual exemption up to $8,000 EAV reduction.
Cook County Senior Citizen Homestead Exemption is open to homeowners in Mount Prospect, IL. It has no income limit. It serves seniors.
Apply directly with Cook County Assessor's Office using the official program link on this page or call (312) 443-7550. There is no middleman and no fee.
Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.
Rebates and discounts that stack on top of any grant. Most are free to use.
This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.
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