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Cook County Class 7c — Commercial Urban Relief Eligibility (CURE)
Cook County Assessor + municipal Resolution of SupportSee programDeadline: Application required prior to qualifying construction or rehab. Resolution of Support from municipality required.
Cook County property tax incentive variant for commercial properties that need investment but don't meet the full distress threshold of Class 7a/7b. Shorter incentive period and lower investment threshold make it accessible for smaller revitalization projects, neighborhood-scale commercial renovation, and corridor improvements.
Program details
- Agency
- Cook County Assessor + municipal Resolution of Support
- Level
- County
- Category
- Property Tax Abatement
- Eligibility
- Commercial real estate (retail, office, mixed-use) in Cook County that does not meet the standard 24-month abandonment requirement of Class 7a/7b but is otherwise economically distressed. Substantial rehabilitation ≥30% of market value (lower threshold vs 50% for 7a/7b). Designed for marginally-distressed commercial properties that need investment but are not fully abandoned.
- Funding Amount
- Reduced property tax assessment ratio: 10% for 3 years, 15% in year 4, 20% in year 5 — shorter 5-year incentive period vs Class 6b/7a/7b's 12 years. Lower total savings but lower commitment and faster qualification.
- Deadline
- Application required prior to qualifying construction or rehab. Resolution of Support from municipality required.
- Status
- open
- Geographic Scope
- Illinois only
- Project Types
- real_estate, commercial, retail, office, mixed_use
- Client Types
- commercial
- Notes
- For evlv.energy clients: surface for moderate-scale commercial energy retrofit projects in Cook County where standard 7a/7b distress threshold is not met. Particularly relevant for owner-occupied commercial buildings doing lighting/HVAC/envelope retrofits as part of broader renovation.
Source: Grantya research. Confirm current terms with the administering agency before applying.