cook_county_business_and_economic_development_comm.pdf
Elgin Sweeper seeks Class 6b SER tax relief
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Description
Cook County is asked to grant a non-renewable Class 6b Sustainable Emergency Relief tax incentive to Elgin Sweeper Company’s long-standing manufacturing facility in Elgin. The proposed classification would reduce the property’s assessment for 12 years to address economic hardship and prevent vacancy.
Contract Details
Vendor
ELGIN SWEEPER COMPANY
Agency
Cook County, IL
Contract Type
FINANCIAL_SERVICES
Document Date
October 21, 2025
Contract Term
12-year property tax incentive; 10% assessment for 10 years, 15% in year 11, 20% in year 12
Renewal Info
Class 6b SER classification runs 12 years, is explicitly not renewable, and will terminate early if the applicant vacates the property, at which point assessment reverts to 25%.
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