Tax Lien Certificates and Tax Deed Sales in Illinois IL


There are 102 Counties in Illinois. It became the 21st state on December 3, 1818. The state motto is "State Sovereignty, National Union".

Currently, the maximum penalty being offered to all Illinois tax lien certificate investors is 18% with a three year right of redemption.

Summary: Not less than 15 days before the date of application for judgment and sale of delinquent properties, the county collector shall mail, by registered or certified mail, a notice of the forthcoming application for judgment and sale (Sec. 21-110, Sec. 21-135), The collector, in person or by deputy, shall attend, on the day and in the place specified in the notice for the sale of property for taxes, and shall, between 9:00 a.m. and 4:00 p.m., or later at the collector's discretion, proceed to offer for sale, separately and in consecutive order, all property in the list on which the taxes, special assessments, interest or costs have not been paid (Sec. 21-205). Every property offered at public sale, and not sold for want of bidders, unless it is released from sale by the withdrawal from collection of a special assessment levied thereon, shall be forfeited to the State of Illinois (Sec. 21-225). If taxes on a property have been delinquent for two years or longer, the county may apply to have the tax lien certificates sold at a scavenger sale all properties shall be offered for sale in consecutive order as they appear in the delinquent list. The minimum bid for any property shall be $250 or one-half of the tax if the total liability is less than $500 (Sec. 21-260).

Law: Illinois Compiled Statutes, Chapter 35, Title 7, "Tax Collection" (35 ILCS 200/21-5 et seq.).

Tax Sale List: Use Illinois Tax Sale Lists to search for Illinois tax lien certificates to buy or bid on. Generally most Illinois tax sale lists will identify the property owner, parcel number, legal description and the amount due. In some cases, the tax sale list may include the tax collectors assessed value of the property.

Contact: The county tax collector.

Interest Rate: Maximum of 18% penalty. The person at the sale offering to pay the amount due on each property for the least percentage shall be the purchaser of that property. No bid shall be accepted for a penalty exceeding the maximum of 18% (Sec. 21-215). The penalty percentage is then computed through the date of redemption as a percentage of the certificate amount, as follows (Sec. 21-355):

The person Redeeming from scavenger sales shall pay interest on that part of the amount for which the property was sold equal to or less than the full amount of delinquent taxes, special assessments, penalties, interest, and costs, included in the judgment and order of sale as follows:

(1) If redeemed within the first 2 months from the date of the sale, 3% per month upon the amount of taxes, special assessments, penalties, interest, and costs due for each of the first 2 months or fraction thereof. (2) If redeemed at any time between 2 and 6 months from the date of the sale, 12% of the amount of taxes, special assessments, penalties, interest, and costs due. (3) If redeemed at any time between 6 and 12 months from the date of the sale, 24% of the amount of taxes, special assessments, penalties, interest, and costs due. (4) If redeemed at any time between 12 and 18 months from the date of the sale, 36% of the amount of taxes, special assessments, penalties, interest, and costs due. (5) If redeemed at any time between 18 and 24 months from the date of the sale, 48% of the amount of taxes, special assessments, penalties, interest, and costs due. (6) If redeemed after 24 months from the date of sale, the 48% provided for the 24 months together with interest at 6% per annum thereafter on the amount of taxes, special assessments, penalties, interest and costs due (Sec. 21-260).

Auction Type: Tax Lien Certificate (Sec. 21-240).

Bidding Procedure: The person at the sale offering to pay the amount due on each property for the least penalty percentage shall be the purchaser of that property. No bid shall be accepted for a penalty exceeding 18% of the amount of the tax or special assessment on property (Sec. 21-215). At scavenger sales, the certificate is sold to the highest bidder for cash, notwithstanding the bid may be less than the full amount of taxes, special assessments, interest, penalties and costs for which judgment has been entered (Sec. 21-260).

Costs: $10 automation fee (Sec. 21-245) Contact county officials for details.

Redemption Period: Generally, properties may be redeemed at any time before the expiration of 2 years from the date of sale, (Sec. 21-350). However, the owner of a tax lien certificate can extend the redemption to three years from the date of sale (Sec. 21-385). Special statutory redemption periods apply to vacant non-farm property or improved properties with 7 or more residential units or that is commercial or industrial property, (six months). If on the date of sale the property sold was improved with a structure consisting of at least one and not more than 6 dwelling units it may be redeemed at any time on or before the expiration of (2 years and 6 months) from the date of sale (Sec. 21-350).

Deed Assigned at Foreclosure to: The Tax Lien Certificate holder (Sec. 21-205).

Notes:

 

Counties:


County:  Auction Type:  Bidding Type:  Population: 
Adams  Tax Lien Certificate  Bid Down 68,277
Alexander  Tax Lien Certificate  Bid Down 9,590
Bond  Tax Lien Certificate  Bid Down 17,633
Boone  Tax Lien Certificate  Bid Down 41,786
Brown  Tax Lien Certificate  Bid Down 6,950
Bureau  Tax Lien Certificate  Bid Down 35,503
Calhoun  Tax Lien Certificate  Bid Down 5,084
Carroll  Tax Lien Certificate  Bid Down 16,674
Cass  Tax Lien Certificate  Bid Down 13,695
Champaign  Tax Lien Certificate  Bid Down 179,669
Christian  Tax Lien Certificate  Bid Down 35,372
Clark  Tax Lien Certificate  Bid Down 17,008
Clay  Tax Lien Certificate  Bid Down 14,560
Clinton  Tax Lien Certificate  Bid Down 35,535
Coles  Tax Lien Certificate  Bid Down 53,196
Cook  Tax Lien Certificate  Bid Down 5,376,741
Crawford  Tax Lien Certificate  Bid Down 20,452
Cumberland  Tax Lien Certificate  Bid Down 11,253
De Witt  Tax Lien Certificate  Bid Down 16,798
DeKalb  Tax Lien Certificate  Bid Down 88,969
Douglas  Tax Lien Certificate  Bid Down 19,922
DuPage  Tax Lien Certificate  Bid Down 904,161
Edgar  Tax Lien Certificate  Bid Down 19,704
Edwards  Tax Lien Certificate  Bid Down 6,971
Effingham  Tax Lien Certificate  Bid Down 34,264
Fayette  Tax Lien Certificate  Bid Down 21,802
Ford  Tax Lien Certificate  Bid Down 14,241
Franklin  Tax Lien Certificate  Bid Down 39,018
Fulton  Tax Lien Certificate  Bid Down 38,250
Gallatin  Tax Lien Certificate  Bid Down 6,445
Greene  Tax Lien Certificate  Bid Down 14,761
Grundy  Tax Lien Certificate  Bid Down 37,535
Hamilton  Tax Lien Certificate  Bid Down 8,621
Hancock  Tax Lien Certificate  Bid Down 20,121
Hardin  Tax Lien Certificate  Bid Down 4,800
Henderson  Tax Lien Certificate  Bid Down 8,213
Henry  Tax Lien Certificate  Bid Down 51,020
Iroquois  Tax Lien Certificate  Bid Down 31,334
Jackson  Tax Lien Certificate  Bid Down 59,612
Jasper  Tax Lien Certificate  Bid Down 10,117
Jefferson  Tax Lien Certificate  Bid Down 40,045
Jersey  Tax Lien Certificate  Bid Down 21,668
Jo Daviess  Tax Lien Certificate  Bid Down 22,289
Johnson  Tax Lien Certificate  Bid Down 12,878
Kane  Tax Lien Certificate  Bid Down 404,119
Kankakee  Tax Lien Certificate  Bid Down 103,833
Kendall  Tax Lien Certificate  Bid Down 54,544
Knox  Tax Lien Certificate  Bid Down 55,836
Lake  Tax Lien Certificate  Bid Down 644,356
LaSalle  Tax Lien Certificate  Bid Down 111,509
Lawrence  Tax Lien Certificate  Bid Down 15,452
Lee  Tax Lien Certificate  Bid Down 36,062
Livingston  Tax Lien Certificate  Bid Down 39,678
Logan  Tax Lien Certificate  Bid Down 31,183
Macon  Tax Lien Certificate  Bid Down 114,706
Macoupin  Tax Lien Certificate  Bid Down 49,019
Madison  Tax Lien Certificate  Bid Down 258,941
Marion  Tax Lien Certificate  Bid Down 41,691
Marshall  Tax Lien Certificate  Bid Down 13,180
Mason  Tax Lien Certificate  Bid Down 16,038
Massac  Tax Lien Certificate  Bid Down 15,161
McDonough  Tax Lien Certificate  Bid Down 32,913
McHenry  Tax Lien Certificate  Bid Down 260,077
McLean  Tax Lien Certificate  Bid Down 150,433
Menard  Tax Lien Certificate  Bid Down 12,486
Mercer  Tax Lien Certificate  Bid Down 16,957
Monroe  Tax Lien Certificate  Bid Down 27,619
Montgomery  Tax Lien Certificate  Bid Down 30,652
Morgan  Tax Lien Certificate  Bid Down 36,616
Moultrie  Tax Lien Certificate  Bid Down 14,287
Ogle  Tax Lien Certificate  Bid Down 51,032
Peoria  Tax Lien Certificate  Bid Down 183,433
Perry  Tax Lien Certificate  Bid Down 23,094
Piatt  Tax Lien Certificate  Bid Down 16,365
Pike  Tax Lien Certificate  Bid Down 17,384
Pope  Tax Lien Certificate  Bid Down 4,413
Pulaski  Tax Lien Certificate  Bid Down 7,348
Putnam  Tax Lien Certificate  Bid Down 6,086
Randolph  Tax Lien Certificate  Bid Down 33,893
Richland  Tax Lien Certificate  Bid Down 16,149
Rock Island  Tax Lien Certificate  Bid Down 149,374
Saline  Tax Lien Certificate  Bid Down 26,733
Sangamon  Tax Lien Certificate  Bid Down 188,951
Schuyler  Tax Lien Certificate  Bid Down 7,189
Scott  Tax Lien Certificate  Bid Down 5,537
Shelby  Tax Lien Certificate  Bid Down 22,893
St. Clair  Tax Lien Certificate  Bid Down 256,082
Stark  Tax Lien Certificate  Bid Down 6,332
Stephenson  Tax Lien Certificate  Bid Down 48,979
Tazewell  Tax Lien Certificate  Bid Down 128,485
Union  Tax Lien Certificate  Bid Down 18,293
Vermilion  Tax Lien Certificate  Bid Down 83,919
Wabash  Tax Lien Certificate  Bid Down 12,937
Warren  Tax Lien Certificate  Bid Down 18,735
Washington  Tax Lien Certificate  Bid Down 15,148
Wayne  Tax Lien Certificate  Bid Down 17,151
White  Tax Lien Certificate  Bid Down 15,371
Whiteside  Tax Lien Certificate  Bid Down 60,653
Will  Tax Lien Certificate  Bid Down 502,266
Williamson  Tax Lien Certificate  Bid Down 61,296
Winnebago  Tax Lien Certificate  Bid Down 278,418
Woodford  Tax Lien Certificate  Bid Down 35,469

To report any updates, deletions or additions to the county list, please click here.

Comments:


By Gene Paoli on Saturday, March 22nd 2008, 1:57 am:
Hello Steve,

I've reviewed your materials and my partner and I are ready to get our feet wet. We decided to stay close to home (50 mile radius give or take a few from the north/northwest suburbs of Chicago). How can we most quickly find a sale which is occurring anytime from now (March 22) on.

Gene


By Ralph Thompson on Tuesday, March 24th 2009, 2:50 pm:
What counties have tax sales in April?


By scott on Wednesday, April 01st 2009, 8:08 pm:
when is next tax sale in pope county


By Larry on Monday, April 06th 2009, 1:33 pm:
When is the nexst tax lien sale in IL?


By dewain on Wednesday, October 14th 2009, 7:00 pm:
any information on how to take a tax certificate to deed?


By Gregory Allen Mannie CPA on Wednesday, December 02nd 2009, 3:14 pm:
The 2009 Scavenger Tax Sale in Cook County Illinois will begin on December 29, 2009. For further information you can contact The Real Estate Tax Institute at 312-912-7955, info@treti.org or www.scavengertaxsale.com


By Wilma Jean on Monday, December 07th 2009, 7:38 pm:
i was told by the county treasurer that if a tax lien is purchased but if any of several legal steps are not taken by the purchaser after purchasing, he/she loses all claims and has merely paid someone else's taxes? Do you know what those legal steps and the time periods they must be performed by?


By Julie J. on Friday, October 01st 2010, 2:04 am:
I would like the telephone numbers to the following counties of Lake County and Kane County and all the countiesfor IL For
scavengertaxsales!! please contact me at: bluebaracuda700@yahoo.com for that information!!


By Andria on Thursday, April 21st 2011, 1:23 pm:
Please send me a current list of available properties on tax lien in Wayne and Cook county . My email is royalfunding@gmail.com




AL | AK | AZ | AR | CA | CO | CT | DE | FL | GA | HI | IA | ID | IL | IN | KS | KY | LA | ME | MD | MA | MI | MN | MS | MO | MT | NE | NV | NH | NJ | NM | NY | NC | ND | OH | OK | OR | PA | RI | SC | SD | TN | TX | UT | VT | VA | WA | WV | WI | WY