Property Tax

Property Taxes

Property Tax Relief Grant

The Board of Trustees has approved funds to provide 2024 Mount Prospect real estate tax relief for qualifying owners of single-family residences. This opportunity is available to households having a gross annual income equal to or less than: $29,160 for 1 person; or $39,440 for 2 or more persons. The rebate is equal to 50 percent of the Village’s portion of the total 2023 Cook County real estate tax bill, up to a maximum of $250.00. Please apply after you have paid the 2nd installment of your 2023 tax bill.

Assistance in completing the application will be available at Village Hall, 50 S. Emerson Street in the Finance Department on Tuesday, October 08, 1:30 – 4:00 pm, and Thursday October 10, 9:30 am – 12:00 pm (no appointment is necessary). Information will be mailed out in September to those who have participated in the program.  The 2024 Property Tax Relief Grant application is available below.  All applications are due by October 31, 2024. For more information, please contact Rumiana McCormick at 847-818-5368.

2024 PTRG Application  (Blank PDF Form)

2024 PTRG Application Fillable  (Fillable PDF Form)

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Real Estate Transfer Tax 

Appointments for the issuance of in-person transfer stamps are strongly encouraged.

Visit our new Online Transfer Stamp Application to apply, purchase, and receive your stamp electronically. 

For further information, visit Real Estate Transfer Tax .

Real Estate Transfer Tax Form

Real Estate Transfer Tax Rebate Form

Real Estate Transfer Affidavit Declaring No Consideration (to be utilized for exempt transactions when an individual is being removed from the deed)

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Mount Prospect Businesses,

Stay current with your taxes by paying online with Localgov, our new payment platform!

For assistance setting up your Localgov account, please call Localgov Customer Service at (877) 842-3037 or email service@localgov.org. 

Set up your online account, then pay online using ACH draft (electronic checks), credit, or debit cards.  Get started at: http://lata.localgov.org

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Food & Beverage Tax

Submit online with Localgov.  For assistance setting up your Localgov account, please call Localgov Customer Service at (877) 842-3037 or email service@localgov.org.

Set up your online account, then pay online using ACH draft (electronic checks), credit, or debit cards.  Get started at:  http://lata.localgov.org

Food & Beverage Tax Return Form (for manual tax submittal)

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Hotel/Motel Tax

Submit online with Localgov.  For assistance setting up your Localgov account, please call Localgov Customer Service at (877) 842-3037 or email service@localgov.org. 

Set up your online account, then pay online using ACH draft (electronic checks), credit, or debit cards.  Get started at: http://lata.localgov.org

Hotel Motel Tax Return Form (for manual tax submittal)

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Movie Theater Tax

Submit online with Localgov.  For assistance setting up your Localgov account, please call Localgov Customer Service at (877) 842-3037 or email service@localgov.org. 

Set up your online account, then pay online using ACH draft (electronic checks), credit, or debit cards.  Get started at:  http://lata.localgov.org

Movie Theater Tax Return Form (for manual tax submittal)

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Municipal Motor Fuel Tax

Submit online with Localgov.  For assistance setting up your Localgov account, please call Localgov Customer Service at (877) 842-3037 or email service@localgov.org. 

Set up your online account, then pay online using ACH draft (electronic checks), credit, or debit cards.  Get started at:  http://lata.localgov.org

Municipal Motor Fuel Tax Return Form (for manual tax submittal)

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Sales Tax

Sales Tax Rates

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Fees
The Village requires the payment of fees associated with certain services provided by the Village or licenses and permits. To view current fees, please reference the Village Code, Appendices - Division II:  Fees, Rates and Taxes.  View the Village Code.

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