Annual Real Estate and Mobile Home Tax Sale November 17, 2020
Fall Date of Sale & Registration
The annual tax sale in 2020 will be held on November 17th. Sales begin at 9:00 am and all of the delinquent taxes are offered for sale, both 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. Contact our office to receive a registration packet or download the packet here (PDF).
Tax Sale Fees
Illinois Property Tax Code Section 21-220
In counties with less than 3 million 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.