Tax Credits for Historic Restoration

ILLINOIS – Restoring your older Historic terrazzo, marble, granite, limestone, or natural stone surface may be uplifting to you, visually pleasing, and may offer some pride for maintaining and upkeep of the property. There are other incentives you may find beyond your own personal satisfaction that might inspire property owners in both commercial and residential settings to take the steps to restore your old building…… Taxes and Grants!

Restoration of historical properties have been highlighted in many recent newsworthy attempts at historical preservation.  Here are a few local stories to refer to:

Wrigley Field Renovation Supported by Property Tax Incentive

Historic Michigan Ave Tax Incentive for Rehab

Landmarks Illinois provides a smart list for anyone looking for funding assistance for restoration. Review the following site:  Landmarks Illinois Preservation Tips.

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