The Cook County Board of Commissioners unanimously voted to waive late fees for two months on both property tax installments due in 2021, giving property owners more time to pay during this time of financial difficulty.
This legislation waives the 1.5% per month late fee on all Tax Year 2020 property taxes. Residents will have until May 3, 2021, to pay their First Installment bill - typically due March 2 - without penalty. Their Second Installment can be paid on October 2, 2021, without penalty.
A similar extension was given in May, allowing property owners a two-month grace period on taxes due August 3, 2020. During the waiver period, $1,405,041,598 in taxes were paid on 207,110 properties.
In early December, First Installment property tax bills will be posted to cookcountytreasurer.com. Property owners can make partial payments to ease the burden on their budgets.
Learn more about paying and appealing your property taxes at: https://www.commissionerscottbritton.com/propertytaxes.