Over 500,000 Cook County senior homeowners missing out on property tax savings

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Over 500,000 Cook County senior homeowners missing out on property tax savings
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Over 500,000 senior homeowners in Cook County have not reapplied for property tax savings that they are entitled to receive.

Assessor's Office administers property tax savings, called exemptions, which contribute to lowering a homeowner's property tax bill.

"By applying for these savings, seniors can significantly reduce their tax burden, allowing them to keep more of their hard-earned money for essential expenses or to enhance their quality of life," said Assessor Fritz Kaegi. "In addition, encouraging family members, caregivers, and neighbors to lend a helping hand in supporting seniors through the application process can make a significant difference.

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