The annual tax sale is held at the end of October or beginning of
November each year. The actual date is not determined until after the
2nd installment due date. Contact the Treasurer’s Office during
mid-September to get the actual date of the sale.
The sale will begin at 9:00 a.m. and all of the delinquent taxes will
be offered for sale, separately and in consecutive order. Anyone can
register to purchase taxes at the sale but they must register to be
a buyer at least 10 business days prior to the sale. You can contact
our office to receive a registration packet.
Illinois Property Tax Code Section 21-220
In counties with less than 3,000,000 inhabitants, unless the county
board provides otherwise, no person shall be eligible to bid who
did not register with the county collector at least 10 business day
prior to the first day of sale…
Each delinquent tax parcel will be offered for sale separately and
in consecutive order and will be awarded by penalty bid. The penalty
bid is the interest percentage that will be charged to the property
owner in order to redeem. Penalty bids will range from 0% to 18%.
The tax will be awarded to the buyer bidding the lowest penalty bid.
Illinois Property Tax Code Section 21-215
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.
Fees Associated with the Tax Sale
When a delinquent tax is sold at a tax sale the purchaser pays the
tax and any late fees that have accrued along with 5 other fees.
Indemnity Fee $20.00
Illinois Property Tax Code Section 21-295 (35 ILCS 200/21-295)
- In counties of less than 3,000,000 inhabitants,
each person purchasing any property at a sale under this Code shall
pay to the
County Collector, prior
to the issuance of any certificate of purchase, a fee of $20
for each item purchased. A like sum shall be paid for each year
that
all or a portion of
subsequent taxes are paid by the tax purchaser and posted to
the tax judgment, sale, redemption and forfeiture record where
the underlying
certificate of
purchase is recorded.
Automation Fee $10.00
Illinois Property Tax Code Section 21-245 (35 ILCS 21-245)
The county collector in all counties may assess to the purchaser of
property for delinquent taxes an automation fee of not more than $10
per parcel. In counties with less than 3,000,000 inhabitants:
- The fee shall be paid at the time of the purchase if the record
keeping system used for processing the delinquent property tax
sales is automated or has been approved for automation by the county
board.
The fee shall be collected in the same manner as other fees or
costs.
- Fees collected under this Section shall be retained by the county
treasurer in a fund designated as the Tax Sale Automation Fund.
The fund shall be audited by the county auditor. The county board
shall
make expenditures from the fund to pay any costs related to the
automation of property tax collections and delinquent property tax
sales, including
the cost of hardware, software, research and development, and personnel.
Certified Mail/Pub Cost $10.00
Illinois Property Tax Code Section 21-135 (35 ILCS 200/21-135)
…
The collector shall collect $10 from the proceeds of each sale to cover
the costs of registered or certified mailing and the costs of advertisement
and publication.
Sale in Error Fee $20.00
Illinois Property Tax Code Section 21-330 (35 ILCS 200/21-330)
In counties of under 3,000,000 inhabitants, the county board may impose
a fee of up to $60, which shall be paid to the county collector, upon
each person purchasing any property at a sale held under this Code,
prior to the issuance of any certificate of purchase.
Clerk Attendance/Certificate Fee – to
be determined by the County Clerk
55 ILCS 5/4-4001
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