Deadline To Apply For Crestwood Tax Rebate is Oct. 27

CRESTWOOD, IL -- Crestwood homeowners and business owners who own their buildings have until noon Friday, Oct, 27, to apply for the 2017 property tax rebate. Mayor Lou Presta said the village has achieved a $4.7 million tax surplus. About $3.7 will go to pay down the village’s debt. The remainder of the surplus -- a little over $1 million -- will be distributed to property owners.

Applications forms for the surplus can be picked up at Crestwood Village Hall, 13840 S. Cicero Ave. Village hall is open from 9 a.m. to 4 p.m. Monday, Wednesday, Thursday and Friday; and from 9 a.m. to 8 p.m. Tuesday. Only the original rebate forms will be accepted, so don’t make photo copies and pass them out to your friends.

To qualify, homeowners and business owners must meet the following criteria:

• Must be the owner of the home;
• Lived in the home on Jan. 1, 2016 and currently be residing in the home;
• The homeowner may not generate any rental income from the home.
• All outstanding debts to the village must be paid up, such as fines, water bills, etc.;
• Homeowners and business owners must be paid up on their property taxes for the 2016 calendar year.

The forms, when paid up, will list the other documentation required for submitting the tax rebate application. The surplus applies to the Village of Crestwood’s portion of the Cook County tax levy, and does not include property taxes paid toward school districts and other taxing bodies.

Presta said said the average rebate check is around $350, depending on the value of your property. The checks will be distributed at Crestwood Arts Council’s upcoming Fine Arts Fair on Nov. 12. Checks not be picked up at this time, will be mailed to property owners.