Illinois Department of Revenue
Illinois Senior Citizens Real Estate Tax Deferral Program is available to homeowners in Mount Prospect, IL.
Allows Illinois homeowners age 65 or older with household income under $65,000 to defer all or part of their property tax increase. The state pays the increase directly to the county; deferred taxes become a lien repaid when the home is sold.
Defers property tax increases, low interest rate, repaid at sale
Official program page 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: Apply by March 1 annually
Ask us. It is free, and a real person answers within a business day.
Email us about this programIllinois Senior Citizens Real Estate Tax Deferral Program is open to homeowners in Mount Prospect, IL. It serves seniors.
Apply directly with Illinois Department of Revenue using the official program link on this page or call (217) 782-3336. There is no middleman and no fee. Deadline: Apply by March 1 annually.
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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