Marking her latest recognition in a career spanning more than four decades, the actress, 79, will be commemorated on May 1 during the TCM Classic Film Festival, which runs from April 30 to May 3.
The ceremony will take place at the TCL Chinese Theatre, Los Angeles, where prominent actors are famously immortalised.
Close's recent work includes roles in Wake Up Dead Man: A Knives Out Mystery, directed by Rian Johnson, and the forthcoming The Hunger Games: Sunrise on the Reaping, in which she plays Drusilla Sickle.
She has also appeared in the All's Fair, part of the creative output of Ryan Murphy.
Close said about the role: "It's huge. There's all these extras and helicopters and chariots and horses."
"I was intimidated. I'd never been in a Ryan movie or show. I didn't understand the tone for a while. I found it hard."
As part of the TCM Classic Film Festival, Close will also present a screening of Dangerous Liaisons, one of her most recognised performances.
She joins a group of actors whose handprints and footprints are displayed at the theatre, including Jodie Foster, Michelle Pfeiffer, George Clooney, Jamie Lee Curtis and Diane Keaton.
The festival program includes screenings, events and appearances celebrating classic cinema and its continued influence.
Close has built a celebrated career across film, television and theatre, earning multiple awards and critical acclaim. Also known for her role in Fatal Attraction, she is widely regarded for her versatility and intensity, with decades of performances that have secured her status as one of Hollywood's most respected actresses.