THE BUSINESS OF REAL ESTATE

IL landlord resources

Carterville rental market

Rental-market planning in Carterville, Illinois, with state-law references and operating examples.

Dataset review pending. These supplied references have not been independently verified. Educational information only, not legal, tax or financial advice.

The local rental snapshot

Supplied Zillow Observed Rent Index, 2026-09-30. ZORI describes typical asking rent in its sample, not the rent or income of your property.

Typical monthly rent
$1,108
Metro
Carbondale-Marion, IL
County in dataset
Williamson County

The comparison figure is $1,901. It is the median of the supplied city ZORI figures within Illinois, not a statewide household-rent statistic. This location is 41.7% below that comparison.

Operating examples at this rent

Annual gross, 12 paid months
$13,296
One vacant week, annualized
$256
Example 3× income threshold
$3,324

These are calculations, not forecasts or client results. Gross rent excludes vacancy, repairs, taxes, insurance, financing and management. The income threshold is an illustrative policy, not a legal requirement or recommendation. Review local screening restrictions and fair housing obligations before using it.

Deposit limits and notice periods below come from the Illinois dataset, not independent Carterville ordinances. A rental in this market may be subject to additional municipal rules or exceptions. Confirm the exact address and applicable jurisdiction with the relevant office.

Calvin Cannon Jr. at his desk with a Philadelphia board behind him
Calvin Cannon Jr., The Business of Real Estate. Coaching photograph, not a property in Carterville.

Illinois: Security deposits

No statutory limit on the deposit amount (Illinois AG: 'there is no legal limit').

Interest required only for buildings/complexes of 25+ units and deposits held 6 months or longer; rate published annually by IDFPR (Security Deposit Interest Act, 765 ILCS 715). No interest under state law for buildings under 25 units.

The uploaded dataset lists a deposit-return period of 45 days. Review the cited rule for the applicable conditions and timing.

Illinois: Notices and tenancy endings

5-day written demand for rent for nonpayment (735 ILCS 5/9-209); paying within 5 days defeats termination. Lease-violation evictions use a 10-day notice.

30 days' written notice to terminate a month-to-month tenancy (735 ILCS 5/9-207); year-to-year 60 days; week-to-week 7 days.

Court listed in the supplied dataset: Circuit Court (Eviction Article, 735 ILCS 5 Art. IX).

Illinois: Rent regulation

No rent control; the Rent Control Preemption Act (50 ILCS 825) bars local governments from controlling rent.

Illinois: Licensing and registration

No statewide residential rental license; imposed municipally in some cities (e.g., Chicago).

Illinois: Lease disclosures and receipts

Lead paint (federal, pre-1978)

No general statewide rent-receipt requirement identified; local ordinances (e.g., Chicago RLTO) may require receipts.

Sources supplied for Illinois

Dates below are verification dates claimed in the uploaded dataset, not a new review by Calvin's team.

Offices listed in the dataset

Landlord education in Illinois