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IL Residential Real Estate Tax Estimator (exc. Cook County)

IL Fair Cash Value*
Assessed Value
Total Exemptions
Taxable Value
Your Tax Rate
Tax Estimate
Assessor’s estimate
Your estimate
Your Yearly Savings

Instructions:

  • Enter a Fair Cash Value estimate for the tax year (this is a retroactive value/not the current value).
  • Verify and enter the total of all exemptions you are eligible for (e.g. IL owner occupied is $6000).
  • Find and enter your anticipated property tax rate in decimal format (default is 0.09). This should be on your most recent tax bill or can be obtained from the assessor directly.
  • *IL has its own definition of Market Value it called “Fair Cash Value” (35 ILCS 200/1-50)