- A total household income of $75,000 or below will have an increase limited to 7% over the prior year's taxable value.
- A total household income greater than $75,000, but not exceeding $100,000 will have an increase limited to 10% over the prior year's taxable value.
The Long-Time Occupant Exemption cannot be received with the 7% Expanded Homeowner Exemption or the Senior Freeze Exemption.
If you would like additional information regarding this exemption, go to www.cookcountyaseessor.com.
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