Real Estate Transfer Tax Ordinances
All data confirmed with municipalities April 2017. “Last update” field indicates date of most recent change from municipality.
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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 |
|---|---|---|---|---|---|---|---|---|---|---|
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Calumet City 204 Pulaski Rd. P.O. Box 1519 Calumet City, IL 60409-7519 708.891.8116 www.calumetcity.org Last Update: 02/07/2011 |
Transfers less than $2M: $8.00/1,000; $2M-$5M: $10/1,000; $5M-$10M: $12/1,000; $10M-$20M: $14/1,000; Over $20M: $16.00/1,000 (round to nearest $1,000) | Calumet City Ch. 26, Art. VI | City Hall, City Clerk's Office | Yes. $50 | 1% per month interest and penalty of 50% of tax. Possible fine up to $500. | Buyer/Seller split 50/50 | Final water bill must be paid. PTAX and Plat of Survey required. No personal checks. | 07/28/1995 | Yes. $150 |
none |
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Calumet Park 12409 S. Throop St. Calumet Park, IL 60827-5897 708.389.0851 www.calumetparkvillage.org Last Update: 03/13/2017 |
$5.00/$1,000 (round to nearest $1,000) | Village Code Title IX, Ch. 96.45 | Village Hall | Yes | Upon conviction, fine not less than $500 for each offense. | Buyer | Obtain final water reading; bill must be paid. No personal checks. | 10/13/1994 | Yes. $100 |
none |
|
Carol Stream 500 N. Gary Ave. Carol Stream, IL 60188-1899 630.665.7050 www.carolstream.org Last Update: 02/07/2011 |
$3.00/$1,000 (round to nearest $1,000) | Carol Stream Mun. Code Sec. 5-10-1 | Village Hall, Finance Department (or ATG Chicago Loop office – form in Notes) | Yes. $25 | Deed will not be recorded. Tax lien on property. 1% per month interest and penalty of 25% of tax. Possible fine up to $750. | Seller | Obtain final water reading; All bills must be paid. Copy of sales contract and PTAX required. | 05/01/1992 | No | |
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Carpentersville 1200 L.W. Besinger Dr. Carpentersville, IL 60110-2000 847.551.3476 www.vil.carpentersville.il.us Last Update: 03/08/2017 |
None | No | Obtain final water reading. | 12/22/2006 | No |
none |
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Channahon 24555 S. Navajo Dr. Channahon, IL 60410-5600 815.467.6644 www.channahon.org Last Update: 03/14/2017 |
$3.00/$1,000 (round to nearest $1,000) | Channon Mun. Code Title III, Section 37.76 | Village Hall (or ATG Chicago Loop office – form in Notes) | Yes | 1.5% per month interest and penalty of 50% of tax. | Buyer | All sums due the city must be paid. Final water bill must be paid. Original deed and copy of PTAX required. | 01/01/1998 | No | |
|
Chicago 121 N. LaSalle, Room 107 Chicago, IL 60602-1288 312.747.9723 www.cityofchicago.org Last Update: 07/11/2013 |
$5.25/500 (no rounding) | Municipal Code of Chicago Ch. 3-33 | City Hall. | No | Deed will not be recorded. Fines from $50-$300 for first offense. Repeated offenses punishable by incarceration. | Buyer: $3.750/500 Seller: $1.50/500 | Final water bill must be paid. | 04/01/2008 | No |
Zoning Certificates are required for single family residences, townhouses, 2-5 flats, and mixed-used properties. Zoning Certificates are not required for condominium units, vacant land, 6 flats (and larger), or commercial property. |
|
Chicago Heights 1601 Chicago Rd. Chicago Heights, IL 60411-3487 708.756.5300 cityofchicagoheights.org/171/Transfer-Stamp Last Update: 08/31/2020 |
$4.00/$1,000 (round to nearest $1,000) | Chicago Heights MIS. 92.98, 92.46 | City Hall, City Clerk's Office | Yes | Deed will not be recorded. | Seller | Obtain final water reading; bill must be paid. Copy of deed required. A cashier’s check or credit card is required for the payment of stamps. | 01/01/1993 | Yes. $50 |
none |
|
Cicero 4949 W. Cermak Rd. Cicero, IL 60804-2461 708.656.3600 www.thetownofcicero.com Last Update: 12/06/2018 |
$10.00/$1,000 (round to nearest $1,000) | Cicero Village Code Article VII, Sec. 90-221 | Town Hall, Building Department | Yes. $50 | 1% per month interest and penalty of 10% of tax. Possible fine of $200-$750. Recorded lien on property. | Seller. In HUD deals, Buyer pays the transfer tax. HUD is not exempt. | Final water bill must be paid and all documents must be reviewed. Original deed, PTAX, and county declarations required. Unsigned copy of deed allowed; the copy becomes the original deed. No cash accepted. A compliance inspection is required prior to all transfers. | 07/19/1993 | Yes. $50 |
The Town of Cicero requires review of all documents by the Town Collector prior to the issuance of Cicero transfer stamps. The Town Collector encourages submission of all documents at least two or three business days prior to the anticipated closing date to avoid delay. Please contact the Town of Cicero, 708.656.3600, for further information. |
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Clarendon Hills 1 N. Prospect Ave. Clarendon Hills, IL 60514-1227 630.286.5400 www.clarendonhills.us Last Update: 02/07/2011 |
None | Obtain final water reading; bill must be paid. | 12/22/2006 | No |
none |
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Country Club Hills 4200 W. Main St. Country Club Hills, IL 60478-5338 708.798.2616 www.countryclubhills.org Last Update: 03/08/2017 |
$5.00/$1,000 (minimum: $50) (round to nearest $1,000) | Village Code 8.9.01 | City Hall | Yes | Deed will not be recorded. | Seller | Obtain final water reading; bill must be paid. Obtain Certificate of Occupancy. No personal checks. | 04/11/1994 | Yes. $50 |
none |
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Countryside 5550 East Ave. Countryside, IL 60525-3689 708.354.7270 www.countryside-il.org Last Update: 03/20/2017 |
$50 | Countryside Mun. Code 3-10-1 | City Hall | Yes | 5% per month interest and penalty in amount of tax. Recorded lien on property. | Seller | Schedule final water reading one week before the closing. Final water, sewer, weed cutting, and all other municipal bills must be paid. No personal checks. | 07/12/1996 | Yes. $175 |
none |
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Crystal Lake 100 W. Woodstock St. Crystal Lake, IL 60014-4262 815.459.2020 www.crystallake.org Last Update: 03/08/2017 |
None | No | Obtain final water reading. | 12/22/2006 | No |
none |
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