Property Tax Deferral Program for Seniors
The Senior Citizen Real Estate Tax Deferral Program helps qualifying seniors defer payment of property taxes on their home
• The State of Illinois pays your property taxes (up to $7,500 per year).
• You repay the amount, plus 6% annual interest, when you sell the property or within one year after settling your estate.
Who qualifies?
• You must be 65 or older by June 1 of the application year.
• Your total household income must be $65,000 or less.
• You must own and live in the home.
• You need to have lived in Illinois for at least three years in a property.
• Your real estate taxes cannot be delinquent.
• Your home must have up-to-date fire and casualty insurance.
• Applications are open from January 1 to March 1 each year.
For more details or to apply, contact the DuPage County Treasurer’s office at 630-407-5900 or visit their website at: Senior Serve