Incentives

Incentives

Wheeling offers property tax incentives for special commercial and industrial development.

Property Tax Incentives

The Class 6b classification is designed to encourage industrial development throughout Cook County by offering a real estate incentive for the development of new industrial facilities, the rehabilitation of existing industrial structures, and the industrial reutilization of abandoned buildings.

Tax Increment Financing (TIF) District Façade and Building Improvement Grant Program

The purpose of the Tax Increment Financing (TIF) District Façade and Building Improvement Grant Program is to provide financial assistance for the design and construction of façade improvements which are in keeping with the Village Comprehensive Plan. The program is funded with revenues generated from the Village’s TIF District(s).

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