Buying Tax Liens In Illinois May 2026

: Submit a signed registration form and a W-9 to the County Treasurer's office. Fees and Deposits :

: You must often sign an affidavit certifying you are only bidding for one entity to prevent collusion. 2. The Auction Bidding Process Illinois uses a "Bid-Down" interest rate system. Sangamon County Treasurer Annual Tax Sale buying tax liens in illinois

A separate fee is often charged for the "Delinquent Tax List," which can cost between . : Submit a signed registration form and a

Most Illinois counties require registration at least before the annual tax sale. The Auction Bidding Process Illinois uses a "Bid-Down"

Most counties require a refundable deposit (e.g., in Lake County or $200 in Sangamon County ) that is applied toward your first purchase or refunded if you do not win any bids.

Buying tax liens in Illinois is a complex investment process where you purchase the delinquent taxes owed on a property rather than the property itself. Investors earn profit primarily through high interest rates, though in rare cases, failing redemption can lead to property ownership. 1. Registration and Preparation