Does Illinois law allow discounted property taxes on rental properties?

Curt F: Does Illinois law allow discounted property taxes on rental properties?
Hello experts,
I am considering moving out of my house and renting it out so I can buy another place. A friend told me he had heard there is legislation in my state (Illinois) that allows a real estate owner to decrease their property taxes by 30% on a rental property if they have the renter officially pay a portion of the taxes themselves.
Has anyone else heard of anything like this?

Thanks so much for your help,
-CF

Answers and Views:

Answer by words_that_live_on
If a renter pays the property taxes for long enough they will sue to be owners by adverse possession.