Incentives

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The Village has established criteria for the implementation of incentives. Please review the Business Plan  to identify whether your business or development would qualify or contact Economic Development at 815-439-2826. Please note that all incentive requests should be done prior to the purchasing of any property or building, and the opening of a business.  

  • Tax Increment Financing
  • Extension of Public Utilities
  • Industrial Development Bonds
  • Revenue Bonds
  • Waiver of Village Fees
  • Real Estate Tax Abatement or Tax Rebates
  • Sales Tax Rebates
  • Waiver or Modifications of Village Ordinances
  • Land Assembly Assistance