Will County Tax Abatement Program

Will County offers abatement of ad valorem real estate taxes as an incentive to new or retained businesses. Each community develops their specific abatement to the project request on a case-by-case basis.

Process

Will County's tax abatement program is done on an application/weighted process. As a result of the application evaluation, a project can receive 50% abatement on improvements for 3, 4 or 5 consecutive tax levy years. Abatement can only apply to improvements done to the property, based on the equalized assessed valuation of the property.

The Will County Tax Abatement Incentive is administered by the Will County Center for Economic Development. For more information go to the Will County Center for Economic Development website.

State of Illinois Incentives

The State of Illinois also offers a variety of incentives that may be beneficial to you. For more information, please visit the Illinois Department of Commerce and Economic Opportunity website.