Niles offers property tax incentives for special commercial and industrial development.
The Goal of these incentives is to encourage re-occupancy and/or redevelopment of the few properties we have within our community that have remained vacant, or due to changes in business practices have become functionally obsolete to today's modern business user.
The programs outlined on the following pages are actually programs administered through the Cook County Assessors office. However, each requires the Village of Niles support through the adoption of a resolution for their applications to be approved at the County level.
If you are interested in obtaining more information abut these programs, or to see if your properties would be eligible please click the links on the left hand side of this page (Class 6 for Industrial, Class 7 for Commercial) or contact our Economic Development Coordinator at 847-588-8074 for additional information.
Additionally, the Village has utilized Tax Increment Financing Districts to encourage the development and/or redevelopment of various properties within our community. Additional information regarding these Districts can be found by following the link on the left hand side of this page.