Property Tax Exemption (70%+ Disabled)

For veterans with 70%+ service-connected disability, the first $250,000 of Equalized Assessed Value of the residential property is exempt from property taxation.

State BenefitIllinoisTax Benefits

Verified May 12, 2026 against tax.illinois.gov

At a glance

Benefit type: Tax Benefits — Illinois
Who it's for: Veterans, Survivors
VA rating needed: 70% or higher
Estimated value: First $250,000 of EAV exempt (full exemption for most homes)
Where it applies: Illinois
Last verified: May 12, 2026

What is Property Tax Exemption (70%+ Disabled)?

Property Tax Exemption (70%+ Disabled) is a Illinois tax benefits benefit for veterans, survivors. For veterans with 70%+ service-connected disability, the first $250,000 of Equalized Assessed Value of the residential property is exempt from property taxation. Requires 70%+ VA disability rating. The listed value is First $250,000 of EAV exempt (full exemption for most homes).

Who qualifies

Veterans
Survivors

Requires 70%+ VA disability rating
Illinois residency

How to apply

Apply through the official Illinois agency.

Open application

What Property Tax Exemption (70%+ Disabled) covers

Overview

Eligibility (per 35 ILCS 200/15-169): Illinois resident veteran with a USDVA-certified service-connected disability of 70% or more; must own or lease and occupy a single-family residence as primary residence and be liable for payment of property taxes. Any portion of the property used for commercial purposes is excluded (for tax year 2023 and later, the former $250,000 total-EAV limit on the residence no longer applies).

Exemption

The first $250,000 of EAV of the residential property is exempt from taxation. For most qualifying homes (EAV below $250,000), this results in a full property tax exemption.

Filing

Form PTAX-342 must be filed each year by July 1 with your Chief County Assessment Office.

Surviving spouses

Un-remarried surviving spouses of qualifying deceased veterans may continue or transfer the exemption.

Verified information & sources

Last verified: May 12, 2026
Official source: tax.illinois.gov

Compiled and fact-checked against the official source linked above. Benefit rules and dollar amounts change over time — always confirm current details at the official source before applying. A county Veterans Service Officer (VSO) is a free, accredited advocate who can review your eligibility and help you file at no cost.

How VetUnlock verifies benefits

Frequently asked questions about Property Tax Exemption (70%+ Disabled)

Who qualifies for Property Tax Exemption (70%+ Disabled)?

Property Tax Exemption (70%+ Disabled) is for Veterans, Survivors; requires 70%+ VA disability rating; illinois residency. See the eligibility details on this page and confirm with the official source before applying.

What VA disability rating do I need for Property Tax Exemption (70%+ Disabled)?

Requires 70%+ VA disability rating.

How much is Property Tax Exemption (70%+ Disabled) worth?

The listed value is First $250,000 of EAV exempt (full exemption for most homes). Amounts can change — confirm the current figure at the official source linked on this page.

How do I apply for Property Tax Exemption (70%+ Disabled)?

Apply through the official source linked on this page. A county Veterans Service Officer (VSO) can review your eligibility and help you file at no cost.

Where can I verify Property Tax Exemption (70%+ Disabled)?

Benefit rules and dollar amounts change, so always confirm current details at the official source linked on this page. A free, accredited county or state Veterans Service Officer (VSO) can also verify your eligibility and help you apply.