Veterans with Disabilities Homestead Exemption
What does this exemption do?
This exemption reduces the equalized assessed value (EAV) by
the amount of the exemption. The reduction is as follows:
- All EAV from the property (before taxes are calculated) for a veteran with at least a 70% service-connected disability.
- $5,000 of EAV from the property (before taxes are calculated) for a veteran with a 50%-69% service-connected disability.
- $2,500 of EAV from the property (before taxes are calculated) for a veteran with a 30%-49% service-connected disability.
Who can qualify for this exemption?
To qualify for the Disabled Veterans'; Standard Homestead Exemption the veteran must meet the following requirements:
- Be an Illinois resident who has served as a member of the U.S. Armed Forces on active duty or state active duty, Illinois National Guard, or U.S. Reserve Forces, and not dishonorably discharged.
- Have at least a 30% service-connected disability certified by the U.S. Department of Veterans' Affairs.
- Must be the owner of record and occupy the house as of January 1 of the assessment year.
- The property must have a total equalized assessed value of less than $250,000 for the primary residence.
How do I apply for this exemption?
You must apply for the exemption with the County
Assessment Office. The 2023 forms will be available in April, please contact our office for 2022 forms. After the initial
application is approved, you will be mailed a renewal form each
subsequent year.
35ILCS 200/15-169