Illinois Code § 65 ILCS 5/11-48.2-6

Any encumbrances or restrictions imposed upon designated property
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pursuant to subsections (a)-(i) of Section 11-48.2-2 of this Division shall
be deemed public easements, and any depreciation occasioned by such
encumbrances or restrictions shall be deducted in the valuation of such
property. This amendatory Act of 1971 does not apply to any municipality
which is a home rule unit.

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