Illinois Residential Real Property Tax Incentive for Historic Properties

Illinois Historic Preservation Agency

Available Historic Preservation

About This Program

Illinois Residential Real Property Tax Incentive for Historic Properties is available to homeowners in Peoria, IL.

Property tax incentive for substantial rehabilitation of owner-occupied historic homes in Illinois. Assessed value is frozen for 8 years for homes at least 50 years old with qualifying rehabilitation equal to 25% or more of the market value.

Freezes assessment for 8 years after qualified rehabilitation

Official program page checked live on 2026-06-22.

Data last verified 2026-05-25. How we verify our data.

In Peoria, IL, you can combine this program with other local help to cut your cost:

Key Details

  • 8-year assessment freeze for historic homes
  • Home must be at least 50 years old
  • Rehab must equal 25%+ of market value
  • Must be owner-occupied
  • Apply before starting work

How to Apply

A grant-savvy contractor in Peoria, IL can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Peoria early keeps your application moving.

Get matched with a contractor

Each program sets its own contractor rules. Check the official program page for exact requirements.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • A written estimate from a licensed contractor for the work (many programs require this to apply).
  • Photos of the problem area or the work to be done.
  • The program's own application form, completed (use the official link or phone number on this page).

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 before starting rehabilitation work

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

Who qualifies for Illinois Residential Real Property Tax Incentive for Historic Properties in Peoria?

Illinois Residential Real Property Tax Incentive for Historic Properties is open to homeowners in Peoria, IL. It has no income limit.

How do I apply for Illinois Residential Real Property Tax Incentive for Historic Properties in Peoria, IL?

Apply directly with Illinois Historic Preservation Agency using the official program link on this page or call (217) 785-4512. There is no middleman and no fee.

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Peoria, IL

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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