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Updated about 5 years ago on . Most recent reply

User Stats

238
Posts
68
Votes
Lucas Hammer
  • Chicago, IL
68
Votes |
238
Posts

Senior Freeze Taxes During Sale

Lucas Hammer
  • Chicago, IL
Posted

So I've been having trouble finding the answer to this question. If I buy a house that has a Senior Freeze Exemption in Cook County after the new year, can I ask the seller to file for the 2019 tax year since they occupied it the whole year? What about for the next year? Since taxes are paid in arrears I'm not sure the best way to find the answer to this one and what dates are relevant when filing.

Most Popular Reply

User Stats

255
Posts
161
Votes
Vincent Incopero
  • Attorney
  • Elmhurst, IL
161
Votes |
255
Posts
Vincent Incopero
  • Attorney
  • Elmhurst, IL
Replied

@Lucas Hammer Here are 2 good links. An attorney that knows the ropes should have no problem making sure that you dont come up short in 2020 or 2021 when the bills come out. 

https://cookcountytreasurer.com/exemptions.aspx

https://cookcountytreasurer.com/seniorcitizenassessmentfreezeexemption.aspx

  • Vincent Incopero
  • [email protected]
  • (630)299-7600
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