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Supervisor of Assessments/Forms
The form PTAX-245 should be completed, and submitted to our office, to request the reassessment of property suffering from substantial damage caused by a disaster in a county that has been declared a major disaster area by the President of the United States or the Governor of the State of Illinois Click to Form PTAX-245
Any single family dwelling, townhome or condominium unit built for use as a display or demonstration model for prospective buyers that is not occupied is eligible to receive a model home assessment. No corporation, individual, sole proprietor or partnership may have more than 3 model homes, townhomes or condominium units at the same time within a 3-mile radius. With an approved application for model home assessment, the assessed value of the qualifying structure is removed from the tax rolls for that assessment year, or until the property becomes ineligible to receive the alternate valuation. When the property becomes ineligible for the alternate valuation, due to either the sale of the property or occupancy of the dwelling as a residence, the owner shall within 60 days file notice of such change with the Supervisor of Assessments. Application form PTAX-762 must be completed by the person who is liable for the taxes on the property. The application deadline is December 31st of each assessment year that the alternative valuation is desired. Failure to make a timely filing in any assessment year constitutes a waiver of the right to benefit for that assessment year. Click to Form PTAX-762 Click to Form PTAX-762C
Application form PTAX-763 must be filed by December 31st of each assessment year. Allows qualified veterans organizations (chartered under federal law) to elect to freeze the assessed value of the real property owned and used as the principal building for the post, camp or charter, and for members and guests parking use for the principal post, camp or charter's building. The assessment is frozen at 15% of the property value for the taxable year that the property first qualifies for the assessment freeze. Click to Form PTAX-763
Application form PTAX-764 must be filed by December 31st of each assessment year. Fraternal Organizations exempt under Internal Revenue Code (IRC) Section 501(c)(10) and chartered by the state of Illinois prior to 1900 are allowed to elect to freeze the assessed value of the real property it owns and uses. The assessment is frozen at 15% of the property value for the taxable year that the property first qualifies for the assessment freeze. Click to Form PTAX-764
Application form PTAX-765 must be filed by December 31st of each assessment year. Fraternal Organizations exempt under Internal Revenue Code (IRC) Section 501(c)(8), who had its national headquarters in Illinois on December 31, 1926 or was chartered by the state of Illinois in February 1898, are allowed to elect to freeze the assessed value of the real property it owns and uses. The assessment is frozen at 15% of the property value for the taxable year that the property first qualifies for the assessment freeze. Click to Form PTAX-765
Application form PTAX-766 must be filed by December 31st of each assessment year. Fraternal organizations or affiliated not-for-profit corporations chartered prior to 1920, exempt under Internal Revenue Code (IRC) Section 501(c)(2), (c)(8), or (c)(10), whose members provide financial support for charitable works are allowed to elect to freeze the assessed value of the real property it owns and uses. The assessment is frozen at 15% of the property value for the taxable year that the property first qualifies for the assessment freeze. Click to Form PTAX-766
Return to Supervisor of Assessments/Clerk of Board of Review. |
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