Enterprise Zone
The Rockford Enterprise Zone offers powerful incentives to help businesses grow, invest, and create jobs in our community. Designed to encourage redevelopment and private investment in targeted areas, the program provides tax savings and other benefits for projects that strengthen Rockford’s economy and expand opportunity. Whether you’re renovating an existing facility or building new, the Enterprise Zone can help make your investment go further in Rockford.
The Rockford Enterprise Zone is part of the State of Illinois Enterprise Zone Program, a statewide initiative designed to stimulate economic growth and job creation through targeted incentives. Administered locally by the City of Rockford, the program offers state and local tax benefits to encourage business investment, expansion, and redevelopment within designated areas.
Through the Illinois Enterprise Zone Program, qualifying projects may be eligible for sales tax exemptions on building materials, utility tax exemptions, investment tax credits, and other state-level incentives that reduce development costs. Combined with local benefits, the Rockford Enterprise Zone provides a powerful toolkit to support business growth and strengthen our regional economy.
Enterprise Zone BoundariesRockford EZ OneI-90 Enterprise Zone | Building Materials Sales Tax AbatementAny building materials used in new construction or rehabilitation of properties located within Rockford's enterprise zones and permanently attached to the real estate may be sales tax exempt (8.25%) if a retailer is provided with a Certificate of Eligibility issued by the Illinois Department of Revenue. |
City of Rockford Property Tax AbatementThe City of Rockford offers tax abatement on taxes on real property levied by the City for projects occurring on parcels or properties located within the boundaries of an enterprise zone. Contact Anna Garrison for additional information on property tax abatement. Property Tax Abatements will not be available for projects located within a TIF District. | State of IL Incentives |