Relocate or Expand to Illinois

12,910,409

6,660,355

6.4%

17,094

774,146

No

.70–8.4%

9.50%

6.5%. Exemptions include: Machinery & equipment used in manufacturing.

Real property is assessed at 33.4% of market value, except in Cook County where industrial assessment is 36% and commercial assessment is 38%. No state tax on personal property.

17% Industrial machinery and equipment
12% Food and kindred products
12% Fabricated metal products
8% Printing and publishing
7% Rubber and miscellaneous plastic products

Caterpillar, Inc., Engine Div. (Mossville) - 4,950
FCA US, LLC (Belvidere) - 4,887
Ford Motor Co., Chicago Assembly Plt. (Chicago) - 4,099
AbbVie, Inc. (North Chicago) - 3,450
Continental Tire The Americas (Mount Vernon) - 3,200

Cook - 300,653
DuPage - 86,894
Lake - 59,642
Kane - 52,789
Winnebago - 32,083

Chicago - 110,192
Rockford - 20,070
Elk Grove Village - 19,949
Elgin - 12,705
Wheeling - 11,720

• Economic Development for a Growing Economy Tax Credit Program (EDGE)
• Tax Increment Financing (TIF) Districts
• River Edge Redevelopment Zones
• 0.5% corporate tax credit for investment in mining, manufacturing or retailing, plus an additional 0.5% if employment increases over 1%.
• Manufacturer's Purchase Credit (MPC) (Sales Tax Credit)
• Illinois Dept. of Agriculture AgriFIRST Grant Program
• Advantage Illinois Capital Access Program (CAP)
• Advantage Illinois Participation Loan Program (PLP)
• Collateral Support Program (CSP)
• Invest Illinois Venture Fund Program (IIVF)
• Department of Commerce and Economic Opportunity (DCEO) Community Development Fund
• Community Service Block Grant (CSBG) Loan Program
• Enterprise Zone Participation Loan Program (EZ/PLP)
• Illinois Finance Authority (IFA)
• Manufacturing Modernization Loan Program
• Revolving Line of Credit Program (RLCP)
• High Impact Business (HIB) Program
• Large Business Development Program (LBDP)
• Employer Training Investment Program (ETIP)