City of Chicago Cook County Property Tax Incentive Application
Chicago's DPD accepts applications for Cook County property tax incentives that lower assessment levels for eligible commercial and industrial projects.
About this program
The City of Chicago's Department of Planning and Development administers the City application process for Cook County property tax incentives for qualifying commercial and industrial projects in Chicago. Eligible applicants can seek City support for incentive classes that reduce property tax assessment levels for projects involving industrial development, commercial development in priority areas, landmark rehabilitation, or other qualifying investment.
Eligibility
Owners or developers of eligible commercial or industrial property projects in Chicago that qualify for a Cook County property tax incentive class may apply through the City process.
Requirements
- Property must be located in Chicago.
- Project must qualify for an applicable Cook County property tax incentive class.
- Applicant must submit property information, project description, investment details, and required disclosure documents.