IL landlord resources
The Business of Real Estate Workshop in Illinois
The combined workshop covers landlord operations and the investing business.
Dataset review pending. These supplied references have not been independently verified. Educational information only, not legal, tax or financial advice.
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: Licensing and registration
No statewide residential rental license; imposed municipally in some cities (e.g., Chicago).
Sources supplied for Illinois
Dates below are verification dates claimed in the uploaded dataset, not a new review by Calvin's team.
- Illinois AG 'Landlord and Tenant Rights and Laws' (PDF)
Dataset verification date: 2026-11-06
- Illinois Courts Eviction process page
Dataset verification date: 2026-11-06
Offices listed in the dataset
- Illinois Attorney General - Landlord-Tenantstate attorney general
- Illinois Courts - Evictionstate court system
- Illinois Dept. of Financial and Professional Regulation (deposit interest rate)state regulatory agency