Copyright © 2006 - 2007 Downers Grove Township•••••All Rights Reserved
Copyright © 2006 - 2007 Downers Grove Township•••••All Rights Reserved
EXEMPTIONS
Senior Real Estate Tax Deferral Program
To qualify you must:
- be age 65 by June 1st of the year for which the application is made
- have a household income of less than $50,000 [Effective 1/1/2007]
- own and occupy the property
- have lived in Illinois in a qualifying property at least 3 years
- be liable for payment of real estate taxes on the property
- have no delinquent real estate taxes
- have fire and casualty insurance on the property
- file application by March 1st, in the year the taxes are due
How do I apply?
Applications and guidelines are available from:
Gwen Henry
DuPage County Collector
421 N. County Farm Road
Wheaton, Illinois 60187
Phone (630) 407-5900
What benefits does this program provide?
This program allows a qualifying senior to defer payment of real estate taxes and any special assessments on his or her residence. The State pays the real estate taxes and repayment plus interest of 6% annually is made when the senior sells the property or within a year of his or her passing.