Small Business Tax Incentives in Chicago, IL (2026)

state

Amount Varies

Angel Investment Tax Credit Program

Apply for the Angel Investment Tax Credit Program to get funding and support for your business.

state

$3,500

Apprenticeship Education Expense Tax Credit

Apply for the Apprenticeship Education Expense Tax Credit to get funding and support for your business.

state

Amount Varies

Apprenticeship Education Expense Tax Credit Program

Apply for the Apprenticeship Education Expense Tax Credit Program to get funding and support for your business.

local

Amount Varies

Chicago Enterprise Zone Program Sales Tax Exemption

Apply for the Chicago Enterprise Zone Program Sales Tax Exemption to get funding and support for your business.

local

Amount Varies

Chicago Enterprise Zone Program Tax Exemptions

Apply for the Chicago Enterprise Zone Program Tax Exemptions to get funding and support for your business.

local

Amount Varies

Chicago Enterprise Zone Program Tax Incentives

Apply for the Chicago Enterprise Zone Program Tax Incentives to get funding and support for your business.

local

Amount Varies

Class 6(b) Industrial Property Tax Incentive

Apply for the Class 6(b) Industrial Property Tax Incentive to get funding and support for your business.

local

Amount Varies

Class 7(a) and 7(b) Commercial Property Tax Incentives

Apply for the Class 7(a) and 7(b) Commercial Property Tax Incentives to get funding and support for your business.

local

Amount Varies

Class 7(a) Commercial Property Tax Incentive

Apply for the Class 7(a) Commercial Property Tax Incentive to get funding and support for your business.

local

Amount Varies

Class 8 Commercial/Industrial Development Tax Incentive

Apply for the Class 8 Commercial/Industrial Development Tax Incentive to get funding and support for your business.

local

Amount Varies

Class 8 Industrial/Commercial Property Tax Incentive

Apply for the Class 8 Industrial/Commercial Property Tax Incentive to get funding and support for your business.

local

Amount Varies

Class C Commercial Rehabilitation Tax Incentive

Apply for the Class C Commercial Rehabilitation Tax Incentive to get funding and support for your business.

local

Amount Varies

Class L Landmark Property Tax Incentive

Apply for the Class L Landmark Property Tax Incentive to get funding and support for your business.

local

Amount Varies

Class L Property Tax Incentive for Chicago Landmarks

Apply for the Class L Property Tax Incentive for Chicago Landmarks to get funding and support for your business.

county

Amount Varies

Commercial Property Tax Incentive (Class 7a - Urban Decay)

Apply for the Commercial Property Tax Incentive (Class 7a - Urban Decay) to get funding and support for your business.

county

Amount Varies

Commercial Property Tax Incentive (Class 7b - Redevelopment Area)

Apply for the Commercial Property Tax Incentive (Class 7b - Redevelopment Area) to get funding and support for your business.

county

Amount Varies

Commercial Property Tax Incentive (Class 8 - Contaminated Property)

Apply for the Commercial Property Tax Incentive (Class 8 - Contaminated Property) to get funding and support for your business.

county

Amount Varies

Cook County Class 6b Industrial Property Tax Incentive

Apply for the Cook County Class 6b Industrial Property Tax Incentive to get funding and support for your business.

local

Amount Varies

Cook County Class 6(b) Property Tax Incentive

Apply for the Cook County Class 6(b) Property Tax Incentive to get funding and support for your business.

county

Amount Varies

Cook County Class 6b Property Tax Incentive

Apply for the Cook County Class 6b Property Tax Incentive to get funding and support for your business.

local

Amount Varies

Cook County Class 6(b) Property Tax Incentive (Chicago)

Apply for the Cook County Class 6(b) Property Tax Incentive (Chicago) to get funding and support for your business.

county

Amount Varies

Cook County Class 7a & 7b Commercial Property Tax Incentives

Apply for the Cook County Class 7a & 7b Commercial Property Tax Incentives to get funding and support for your business.

local

Amount Varies

Cook County Class 7(a) & 7(b) Commercial Property Tax Incentives (Chicago)

Apply for the Cook County Class 7(a) & 7(b) Commercial Property Tax Incentives (Chicago) to get funding and support for your business.

county

Amount Varies

Cook County Class 7a Commercial Property Tax Incentive

Apply for the Cook County Class 7a Commercial Property Tax Incentive to get funding and support for your business.

county

Amount Varies

Cook County Class 7a Property Tax Incentive

Apply for the Cook County Class 7a Property Tax Incentive to get funding and support for your business.

county

Amount Varies

Cook County Class 7b Commercial Property Tax Incentive

Apply for the Cook County Class 7b Commercial Property Tax Incentive to get funding and support for your business.

county

Amount Varies

Cook County Class 7b Property Tax Incentive

Apply for the Cook County Class 7b Property Tax Incentive to get funding and support for your business.

county

Amount Varies

Cook County Class 7c Commercial Urban Elaboration (CUE) Tax Incentive

Apply for the Cook County Class 7c Commercial Urban Elaboration (CUE) Tax Incentive to get funding and support for your business.

county

Amount Varies

Cook County Class 7c Commercial Urban Relief Incentive

Apply for the Cook County Class 7c Commercial Urban Relief Incentive to get funding and support for your business.

county

Amount Varies

Cook County Class 7c (CURE) Property Tax Incentive

Apply for the Cook County Class 7c (CURE) Property Tax Incentive to get funding and support for your business.

local

Amount Varies

Cook County Class 7c (ROPE) Property Tax Incentive

Apply for the Cook County Class 7c (ROPE) Property Tax Incentive to get funding and support for your business.

county

Amount Varies

Cook County Class 8 Industrial/Commercial Property Tax Incentive

Apply for the Cook County Class 8 Industrial/Commercial Property Tax Incentive to get funding and support for your business.

county

Amount Varies

Cook County Class 8 Property Tax Incentive

Apply for the Cook County Class 8 Property Tax Incentive to get funding and support for your business.

localLow-Income

Amount Varies

Cook County Class 8 Property Tax Incentive (Chicago)

Apply for the Cook County Class 8 Property Tax Incentive (Chicago) to get funding and support for your business.

county

Amount Varies

Cook County Class C Environmental Cleanup Tax Incentive

Apply for the Cook County Class C Environmental Cleanup Tax Incentive to get funding and support for your business.

local

Amount Varies

Cook County Class C Property Tax Incentive

Apply for the Cook County Class C Property Tax Incentive to get funding and support for your business.

county

Amount Varies

Cook County Class L Historic Preservation Tax Incentive

Apply for the Cook County Class L Historic Preservation Tax Incentive to get funding and support for your business.

local

Amount Varies

Cook County Class L Landmark Property Tax Incentive

Apply for the Cook County Class L Landmark Property Tax Incentive to get funding and support for your business.

county

Amount Varies

Cook County Class L Property Tax Incentive

Apply for the Cook County Class L Property Tax Incentive to get funding and support for your business.

federal

Amount Varies

Credit for Employer-Provided Childcare Facilities and Services

Apply for the Credit for Employer-Provided Childcare Facilities and Services to get funding and support for your business.

federal

$5,000

Credit for Small Employer Pension Plan Startup Costs

Apply for the Credit for Small Employer Pension Plan Startup Costs to get funding and support for your business.

federal

$5,000

Disabled Access Credit

Apply for the Disabled Access Credit to get funding and support for your business.

federal

Amount Varies

Disabled Access Credit (Form 8826)

Apply for the Disabled Access Credit (Form 8826) to get funding and support for your business.

federal

$5,000

Disabled Access Credit (Section 44)

Apply for the Disabled Access Credit (Section 44) to get funding and support for your business.

state

Amount Varies

Economic Development for a Growing Economy (EDGE) Tax Credit

Apply for the Economic Development for a Growing Economy (EDGE) Tax Credit to get funding and support for your business.

state

Amount Varies

Economic Development for a Growing Economy (EDGE) Tax Credit Program

Apply for the Economic Development for a Growing Economy (EDGE) Tax Credit Program to get funding and support for your business.

federal

Amount Varies

Employer Credit for Paid Family and Medical Leave

Apply for the Employer Credit for Paid Family and Medical Leave to get funding and support for your business.

federal

Amount Varies

Employer Credit for Paid Family and Medical Leave (Form 8994)

Apply for the Employer Credit for Paid Family and Medical Leave (Form 8994) to get funding and support for your business.

federalLow-Income

$3,000

Empowerment Zone Employment Credit

Apply for the Empowerment Zone Employment Credit to get funding and support for your business.

federal

Amount Varies

Energy Investment Tax Credit (ITC) / Clean Energy Tax Credit

Apply for the Energy Investment Tax Credit (ITC) / Clean Energy Tax Credit to get funding and support for your business.

local

Amount Varies

Enterprise Zone Program Benefits (Chicago)

Apply for the Enterprise Zone Program Benefits (Chicago) to get funding and support for your business.

state

Amount Varies

High Impact Business (HIB) Program

Apply for the High Impact Business (HIB) Program to get funding and support for your business.

state

Amount Varies

Illinois Angel Investment Tax Credit Program

Apply for the Illinois Angel Investment Tax Credit Program to get funding and support for your business.

state

$3,500

Illinois Apprenticeship Education Expense Tax Credit

Apply for the Illinois Apprenticeship Education Expense Tax Credit to get funding and support for your business.

state

Amount Varies

Illinois Enterprise Zone Program

Apply for the Illinois Enterprise Zone Program to get funding and support for your business.

state

Amount Varies

Illinois Enterprise Zone Program Tax Exemptions

Apply for the Illinois Enterprise Zone Program Tax Exemptions to get funding and support for your business.

state

Amount Varies

Illinois Enterprise Zone Program Tax Incentives

Apply for the Illinois Enterprise Zone Program Tax Incentives to get funding and support for your business.

stateLow-Income

Amount Varies

Illinois New Markets Development Program

Apply for the Illinois New Markets Development Program to get funding and support for your business.

stateLow-Income

Amount Varies

Illinois New Markets Tax Credit (NMTC)

Apply for the Illinois New Markets Tax Credit (NMTC) to get funding and support for your business.

state

Amount Varies

Illinois Research and Development (R&D) Tax Credit

Apply for the Illinois Research and Development (R&D) Tax Credit to get funding and support for your business.

state

Amount Varies

Illinois Research and Development Tax Credit

Apply for the Illinois Research and Development Tax Credit to get funding and support for your business.

county

Amount Varies

Industrial Property Tax Incentive (Class 6b)

Apply for the Industrial Property Tax Incentive (Class 6b) to get funding and support for your business.

state

Amount Varies

Manufacturers' Purchase Credit (MPC)

Apply for the Manufacturers' Purchase Credit (MPC) to get funding and support for your business.

federalLow-Income

Amount Varies

New Markets Tax Credit (NMTC)

Apply for the New Markets Tax Credit (NMTC) to get funding and support for your business.

federalLow-Income

Amount Varies

New Markets Tax Credit Program

Apply for the New Markets Tax Credit Program to get funding and support for your business.

federalLow-Income

Amount Varies

New Markets Tax Credit Program (NMTC)

Apply for the New Markets Tax Credit Program (NMTC) to get funding and support for your business.

federalLow-Income

Amount Varies

Opportunity Zones Tax Benefits

Apply for the Opportunity Zones Tax Benefits to get funding and support for your business.

federal

$250,000

Research and Development (R&D) Payroll Tax Credit for Small Businesses

Apply for the Research and Development (R&D) Payroll Tax Credit for Small Businesses to get funding and support for your business.

federal

Amount Varies

Research and Development (R&D) Tax Credit

Apply for the Research and Development (R&D) Tax Credit to get funding and support for your business.

state

Amount Varies

Sales Tax Exemption for Manufacturing and Graphic Arts Machinery & Equipment

Apply for the Sales Tax Exemption for Manufacturing and Graphic Arts Machinery & Equipment to get funding and support for your business.

state

Amount Varies

Sales Tax Exemption for Research & Development Equipment

Apply for the Sales Tax Exemption for Research & Development Equipment to get funding and support for your business.

federal

Amount Varies

Section 179 Deduction for Business Equipment

Apply for the Section 179 Deduction for Business Equipment to get funding and support for your business.

federal

Amount Varies

Small Business Health Care Tax Credit

Apply for the Small Business Health Care Tax Credit to get funding and support for your business.

federal

Amount Varies

Small Employer Health Insurance Credit

Apply for the Small Employer Health Insurance Credit to get funding and support for your business.

federal

Amount Varies

Work Opportunity Tax Credit (WOTC)

Apply for the Work Opportunity Tax Credit (WOTC) to get funding and support for your business.