Real Estate Transfer Tax Ordinances

All data confirmed with municipalities April 2017. “Last update” field indicates date of most recent change from municipality.

Provided courtesy of ATG Member Agent

Prepared by Attorneys’ Title Guaranty Fund, Inc. (ATG)

County or Municipality Tax Amount Legal Reference Where to Purchase Stamps Exempt Stamp Required? Non-Compliance Penalties Party Liable for Payment Special Requirements Effective Date Pre-Transfer Inspection Required Notes
Addison
One Friendship Plaza
Addison, IL 60101-2786
630.693.7564
www.addisonadvantage.org

Last Update: 03/14/2017
$2.50/$1,000 (round to nearest $1,000) Addison Village Code Art. VII, Sec. 8-23 Village Hall Yes 1% monthly interest and penalty of 50% of tax. Deed will not be recorded. Action by Village to collect interest and penalties. Possible fine of not more than $500. Buyer Sump Pump inspection required. Final water bill must be paid. Copy of PTAX and unexecuted deed required. Obtain permit release from Community Development. 09/01/1993 Sewer Inspection

None

Algonquin
2200 Harnish Dr.
Algonquin, IL 60102-5995
847.658.2700
www.algonquin.org

Last Update: 02/03/2011
None     No     Obtain final water reading. 12/22/2006  

None

All Illinois Counties




Last Update: 02/07/2011
$0.25/$500 55 ILCS 5/5-1031 County Building   Deed will not be recorded. Falsification is a Class B Misdemeanor. Buyer or Seller (customarily Seller)   01/01/1968  

None

Alsip
4500 W. 123rd St.
Alsip, IL 60803-2599
708.385.6902
www.villageofalsip.org

Last Update: 03/14/2017
$3.50/$1,000 ($100 minimum; no rounding) Alsip Code of Ordinances Article VI, Sec. 18-100 Village Clerk's Office Yes - $15 Class B ordinance violation. Creates lien on property. 1% per month interest. Seller Obtain final water reading; bill must be paid. Copy of sales contract required. No personal checks. 06/12/1996 No  
Arlington Heights
33. S. Arlington Heights Rd.
Arlington Heights, IL 6005-1403
847.368.5000
www.vah.com

Last Update: 02/03/2011
None     No     Obtain final water reading. 12/22/2006  

None

Aurora
44 E. Downer Pl.
Aurora, IL 60507-3302
630.256.3570
www.aurora-il.org

Last Update: 12/27/2017
$3.00/$1,000 (round to nearest $1,000) Aurora Code Article X, Sec. 44-211 City Hall, Finance Department (or ATG Chicago Loop office – form in Notes) Yes* Fine of not less than $200 nor more than $1,000. Deed will not be recorded without transfer or exempt stamp. Seller Obtain final water reading; bill must be paid. Copy of PTAX signed by at least one party required. All sums due city must be paid. 05/01/1990 No

Request for Municipal Transfer Tax Stamp Purchase

*Effective November 1, 2017, the exempt tax fee is $30.

County or Municipality Tax Amount Legal Reference Where to Purchase Stamps Exempt Stamp Required? Non-Compliance Penalties Party Liable for Payment Special Requirements Effective Date Pre-Transfer Inspection Required Notes
Addison
One Friendship Plaza
Addison, IL 60101-2786
630.693.7564
www.addisonadvantage.org

Last Update: 03/14/2017
$2.50/$1,000 (round to nearest $1,000) Addison Village Code Art. VII, Sec. 8-23 Village Hall Yes 1% monthly interest and penalty of 50% of tax. Deed will not be recorded. Action by Village to collect interest and penalties. Possible fine of not more than $500. Buyer Sump Pump inspection required. Final water bill must be paid. Copy of PTAX and unexecuted deed required. Obtain permit release from Community Development. 09/01/1993 Sewer Inspection

None

Algonquin
2200 Harnish Dr.
Algonquin, IL 60102-5995
847.658.2700
www.algonquin.org

Last Update: 02/03/2011
None     No     Obtain final water reading. 12/22/2006  

None

All Illinois Counties




Last Update: 02/07/2011
$0.25/$500 55 ILCS 5/5-1031 County Building   Deed will not be recorded. Falsification is a Class B Misdemeanor. Buyer or Seller (customarily Seller)   01/01/1968  

None

Alsip
4500 W. 123rd St.
Alsip, IL 60803-2599
708.385.6902
www.villageofalsip.org

Last Update: 03/14/2017
$3.50/$1,000 ($100 minimum; no rounding) Alsip Code of Ordinances Article VI, Sec. 18-100 Village Clerk's Office Yes - $15 Class B ordinance violation. Creates lien on property. 1% per month interest. Seller Obtain final water reading; bill must be paid. Copy of sales contract required. No personal checks. 06/12/1996 No  
Arlington Heights
33. S. Arlington Heights Rd.
Arlington Heights, IL 6005-1403
847.368.5000
www.vah.com

Last Update: 02/03/2011
None     No     Obtain final water reading. 12/22/2006  

None

Aurora
44 E. Downer Pl.
Aurora, IL 60507-3302
630.256.3570
www.aurora-il.org

Last Update: 12/27/2017
$3.00/$1,000 (round to nearest $1,000) Aurora Code Article X, Sec. 44-211 City Hall, Finance Department (or ATG Chicago Loop office – form in Notes) Yes* Fine of not less than $200 nor more than $1,000. Deed will not be recorded without transfer or exempt stamp. Seller Obtain final water reading; bill must be paid. Copy of PTAX signed by at least one party required. All sums due city must be paid. 05/01/1990 No

Request for Municipal Transfer Tax Stamp Purchase

*Effective November 1, 2017, the exempt tax fee is $30.