The General Homestead Exemption application reduces the equalized assessed value. It is available for all owner-occupied residences. No age requirement. Under 35 ILCS 200/15-175, qualified taxpayers are permitted the exemption that will remove up to $6,000 from the equalized assessed value before taxes are calculated. Maximum exemption increases to $8,000 in the 2023 (payable 2024) year. Click HERE for the General Homestead Exemption application form. This exemption is the only exemption processed by the Grafton Township Assessor.
The Homestead Improvement Exemption reduces the EAV of an owner-occupied property, up to $25,000 assessed ($75,000 market value) based on the value of a qualifying new improvement added to the existing assessment. This exemption lasts for 4 years after the new improvement is complete. You need not file an application. The Assessor will apply this exemption and verify the amount to the County Assessment Office.
The Grafton Township Assessor's Office will assist homeowners in completing various Homestead Exemption forms, but these applications are processed and granted or denied by the McHenry County Assessment Office. For information on available exemptions and corresponding forms, click HERE to be directed to the McHenry County Assessment Office.
Mailing Address:
Office of Assessments
2200 N. Seminary Ave.
Woodstock, IL 60098
Office Location:
667 Ware Rd., Room 106
Woodstock, IL 60098
Phone: 815-334-4290
Fax: 815-338-8522
Email: assessments@mchenrycountyil.gov
Please click HERE for a printable list of exemptions.