Exemptions

Taxpayers may be eligible for tax exemptions, abatements and other assistance programs.  To qualify for the residential exemptions, taxpayers must own and occupy the property as his/her principal dwelling.

To apply for an exemption, you need to contact your Assessor’s Office:

For property located in the City of Galesburg
309-342-1106
121 West Tompkins Street
Galesburg, IL  61401

For property located in the Townships of Rio, Ontario, Walnut Grove, Lynn, Henderson, Sparta, Copley, Victoria, Persifer or Truro
309-345-3631
240 East Simmons Street
Galesburg, IL  6140

For property located in the Townships of Galesburg, Knox, Cedar, Orange, Haw Creek, Elba, Indian Point, Chestnut, Maquon or Salem
309-345-3664
240 East Simmons Street
Galesburg, IL  61401

  EXEMPTIONS ALLOWED BY ILLINOIS STATE STATUTES

For a more detailed explanation of each exemption refer to the 
City Assessor website.

Owner Occupied         
Allows a reduction up to $6,000 in equalized assessed value. 

Senior Homestead     
Allows a reduction of $5,000 in equalized assessed value.  Taxpayer must be at least 65 years of age.

Senior Assessment Freeze      
Freezes the taxable value.  Taxpayer must be at least 65 years of age with a household income of $55,000 or less.  Applications must be submitted annually to your assessor’s office.

Home Improvement     
Allows a reduction up to $25,000 in assessed value due to a structural improvement made to the property.  Exemption is for four years upon completion of the project. 

  • Returning Veterans’ Homestead
  • Disabled Persons’ Homestead
  • Disabled Veterans’ Standard Homestead
  • Disabled Veterans
  • Historic Residence Assessment Freeze
  • Model Home Assessment
  • Veterans Organization Assessment Freeze
  • Fraternal Organization Assessment Freeze
  • Non-homestead Property Tax Exemption

**Your tax bill reflects any exemptions you have been granted.

Taxpayers may also be eligible for the Senior Citizens and Disabled Persons Property Tax Relief and Pharmaceutical Assistance Act.  You must be at least 65 years of age or a disabled person and also meet the income requirements.  For more information, contact the IL Department on Aging or the local VNA office- 309-342-1152.

 

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