Qualifications to Receive Zone Benefits
Requirements may vary within the McHenry County Enterprise Zone. To determine whether your project qualifies for benefits, please review the details below:
In Unincorporated Area:
a) Must be within Enterprise Zone boundaries.
b) Available for commercial, industrial, and manufacturing properties only.
In Woodstock:
a) Must be within Enterprise Zone boundaries.
b) Available for commercial and manufacturing properties only.
c) Properties located in a Tax Increment Financing (TIF) district are not eligible for tax abatements.
In Harvard:
a) Must be within Enterprise Zone boundaries.
b)Tax abatement is allowed only for improvements or renovations that cost more than $100,000.
c) Properties that are in a Tax Increment Financing (TIF) district are not eligible for tax abatement.
In Marengo:
a) Must be within Enterprise Zone boundaries.
b) Available for commercial, industrial, and manufacturing properties only.
c) Properties located in a Tax Increment Financing (TIF) district are not eligible for tax abatements.
Property Locations
Is your property in the Enterprise Zone? Check Here: Click to View GIS Map
Is your property in both the Enterprise Zone and a TIF District? You may still be eligible for state-level zone benefits such as sales tax exemptions on qualified building materials and income tax credits. Contact the Enterprise Zone Administrator for more details.
Still Have Questions?
Please contact McHenry County Economic Development Corporation, the Enterprise Zone Administrator, with any questions about the application, required documentation, or process.
Phone: (815) 893-0895.
Email: info@mchenrycountyenterprisezone.com