Assessor

Joe Herchenbach
22385 W. Illinois Route 60
Mundelein, IL 60060
847.223.2846
847.223.2858 fax
Email: Joe@fremonttownship.com

The township assessor is responsible for assessing (placing a value) on all property for tax purposes, appraising it at its fair market value.

There are four different types of exemptions that either reduce or defer an increase in the equalized value of your property. The net effect of these exemptions is to lower the assessed valuation to which the tax rate is then applied. The qualifications and application procedures vary for each program. However, you must own the property and it must be your primary residence to qualify for any of these exemptions.

GENERAL HOMESTEAD EXEMPTION
This exemption lowers the equalized assessed value of your property by $6000.00. To receive this exemption, you must:

Have lived on the property on or before January 1st of the tax year.
The Township Assessor’s office initiates this exemption.

HOMESTEAD IMPROVEMENT EXEMPTION
This exemption defers for four years any increase in the assessment of your property due to an addition or other improvement to your home for which the Township Assessor would add value.

A maximum of $25,000.00 of assessed value may be deferred under this program.
The Township Assessor’s office initiates this exemption.

SENIOR HOMESTEAD EXEMPTION

This exemption lowers the equalized assessed value of your property by $5,000.00, and may be claimed in addition to the General Homestead Exemption. To receive this exemption, you must:
Have lived on the property on or before January 1st of the tax year.
Have reached age 65 during the tax year.

Apply for the exemption at the Township Assessor’s office. You will need to bring a copy of the deed to the property and proof of age when you apply. If the property is held in trust, you will also need a copy of the trust agreement indicating the beneficiary and signature page.

SENIOR CITIZENS ASSESSMENT FREEZE HOMESTEAD EXEMPTION
This exemption freezes the assessment on your property, but does not freeze the tax rate. This exemption may be claimed in addition to those described above. You need to understand that the actual taxes that you pay may continue to increase based upon the amounts levied by the taxing bodies where you reside (school districts, park district, village or city, township, etc.) The filing deadline for this exemption is typically mid-September of each year. To receive this exemption, you must:

Have fulfilled a property residency requirement as explained on the application form.
Be age 65 or older.
Have a maximum household income of $65,000. This household income includes that of all persons using the property as their principal dwelling place on January 1st of the tax year.
Obtain an application for the exemption at the Township Assessor’s Office. Your completed application must be notarized and returned to:

Chief County Assessment Office
18 N. County Street
Waukegan, IL 60085

NOTE: This exemption must be renewed annually.

Other exemptions available through the Chief County Assessment Office include:

Deferral through Lake County Treasurer

Senior Citizens Tax Deferral Program

For an explanation of the assessment process or to view comparable properties please go to assessor.lakecountyil.gov.

Please call 847.377.2050 for additional information.