Standard Homestead Exemption for Veterans with Disabilities (SHEVD)
What does this exemption do?
This exemption reduces the Equalized Assessed Value (EAV) by the amount of the exemption. Beginning with the 2015 assessment year the reduction is $2,500 for a veteran with a 30% to 49% disability, $5,000 for a veteran with a 50% to 69% disability or exempt from property taxes for a service-connected disability of 70% or greater.
Who can qualify for this exemption?
To qualify for the SHEVD 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 and cannot be used for any commercial purpose.
- or the surviving spouse of a veteran killed in the line of duty
How do I apply for this exemption?
You must apply for the exemption with the County Assessment Office. You can get an application here (Standard Homestead Exemption for Veterans with Disabilities Form) or you can call (309) 937-3570 and one will be mailed to you.