Sleepy Hollow, Kane County, Illinois Property Taxes
Property Taxes in Sleepy Hollow, Illinois
Median Sleepy Hollow, Illinois effective property tax rate: 2.47%, significantly higher than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median Sleepy Hollow, Illinois home value: $357,833
Median annual Sleepy Hollow, Illinois tax bill: $8,588, $6,188 higher than the national median property tax bill of $2,400.
How are property taxes in Kane calculated?
Property taxes in Sleepy Hollow, Illinois are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Sleepy Hollow's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sleepy Hollow, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Sleepy Hollow, Kane County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.47%
Estimate Property Tax Bill
$8,838
$8,202
How Does the Sleepy Hollow Property Tax Calculator Work?
Use this Sleepy Hollow property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Sleepy Hollow's median effective tax rate of 2.47% — based on actual property records in Kane County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Sleepy Hollow's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Sleepy Hollow: rates range from 2.47% in 60118 to 2.47% in 60118, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Sleepy Hollow.
About Sleepy Hollow Property Taxes
About Property Taxes in Sleepy Hollow, Kane, Illinois
Sleepy Hollow’s median effective property tax rate of 2.47% is higher than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Kane County base levy combined with local school district levies and special service areas that can vary by subdivision throughout the city.
Property tax rates are not uniform across Sleepy Hollow. Homeowners in the 60118 ZIP code carry a median effective rate of 2.47%, while those in the same ZIP code also pay 2.47%. This reflects how local taxing districts are drawn across Kane County, even when the current spread is flat within the city.
Sleepy Hollow homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Sleepy Hollow, Kane County, Illinois
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Sleepy Hollow's effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Sleepy Hollow Tax Rate
2.47%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Kane County Tax Rate
2.49%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Sleepy Hollow, Kane County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60118 | 2.25% | 2.33% | 2.47% | 2.50% | 2.53% |
Source: Ownwell
Property Tax Assessment Values Across Sleepy Hollow, Kane County, Illinois
When examining property taxes in Sleepy Hollow, Illinois, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Kane County assessment office estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Kane County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of May.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Sleepy Hollow.
For example, the median home price in Sleepy Hollow is $357,833, with tax bills ranging significantly across the county. 60118 has the highest median home price at $357,833.
Property Tax Assessment Values Across Sleepy Hollow, Kane County, Illinois
Source: Ownwell
$156,664
$405,361
$654,058
Median Sleepy Hollow Market Value
$357,833
Median Kane County Market Value
$279,433
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Sleepy Hollow, Kane County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60118 | $278,539 | $312,904 | $357,833 | $395,284 | $441,425 |
Source: Ownwell
Property Tax Bills Across Sleepy Hollow, Kane County, Illinois
Property tax bills in Sleepy Hollow are calculated by applying local tax rates to a home’s assessed value, which is based on the market value of the property. The amount a homeowner owes depends on how the assessment compares with the tax rates set by local taxing bodies, including schools, county services, and other public agencies.
With a median home price of $357,833, property taxes can be a major part of homeownership costs. In Sleepy Hollow, the median tax bill is $8,588.00, and bills often range from $7,419 at the 25th percentile to $9,771 at the 75th percentile, with the 90th percentile reaching $11,130. That is far above the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
For homeowners, this means even small changes in assessed value or local tax rates can have a noticeable impact on annual expenses.
Median Sleepy Hollow Tax Bill
$8,588
Median Kane County Tax Bill
$6,802
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Sleepy Hollow, Kane County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60118 | $6,214 | $7,419 | $8,588 | $9,771 | $11,130 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Kane Tax Assessor | |
| Website | kaneil.devnetwedge.com |