Answer
What is an Enterprise Zone in Chicago?
An Enterprise Zone is a state-designated area where businesses get tax incentives — most notably a sales tax exemption on building materials and a utility tax exemption. Chicago has six Enterprise Zones; check your address to see if you're inside one.
What to know
- Up to 9.25% combined sales tax exemption on building materials used in your project.
- 0.5% state investment tax credit plus utility tax exemptions on gas, electric, and telecom.
- You must apply to the local Enterprise Zone Administrator and obtain a Building Materials Exemption Certificate (BMEC) before purchasing.
- All six Chicago Enterprise Zones (I-VI) are set to expire in 2030.
Related programs
Sources
This is a discovery tool, not legal, tax, or eligibility advice. Confirm current requirements with the administering agency before applying, certifying, or relying on any program listed here.