Finance On Property In Cook
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Senior Citizen Homestead Exemption – Homeowners age 65 or older and living in their own home could be entitled to an additional homestead exemption. The homeowner should sign up for this exemption during the year in which he or she will turn 65. You will receive a renewal every year around January 1st.
You can view your tax records in your Individual Online Account. This is the fastest, easiest way to: View, print or download your transcripts.
Property tax bills are mailed twice a year by the Cook County Treasurer. Your first installment is due at the beginning of March. By law, the first installment property tax bill is exactly 55% percent of the previous year's total tax amount.
The current tax bill can be obtained from the Cook County Treasurer's Office. Tax bills for previous years are handled by the Cook County Clerk's Office.
At its core, the difference between real and personal property is straightforward. Real property is land and anything attached to it, while personal property refers to movable items. For example, a house on a plot of land is real property, while the furniture inside is personal property.
