Get (ser) Class 6b Property Tax Incentive Eligibility Application ... - Blog Cookcountyil
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About the Class 8 Tax Incentive Qualifying buildings will be assessed at 10% of market value for 10 years, 15% in the 11th year and 20% in the 12th year. This is a significant reduction from the standard assessment level of 25% for industrial and commercial properties.
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