Flooded Properties Eligible for Tax Break

Did your property receive any damage from the recent storms or flooding? You may be eligible for a property tax break.

Governor Quinn declared Lake County a disaster area on April 18. This allows property owners to request a reassessment of any taxable property which was substantially damaged by the disaster.  This can also allow a reduction when a property is uninhabitable for a period of time as a result of this disaster event.

If a property has received damage, the taxpayer must contact their township assessor and complete the PTAX- 245, Disaster Area Reassessment application