Toni Preckwinkle and Fritz Kaegi are backing legislation that would raise the income level for senior property tax freeze eligibility, from $75,000 for the 2026 tax year to $79,000 for 2028.

Illinois lawmakers passed legislation expanding eligibility for senior property tax breaks and moving the due date back one month for spring Cook County property tax bills.

Even if you've paid off your mortgage or have low monthly payments, property taxes can certainly put a dent in your finances–especially if you're a senior relying on a fixed income like Social ...