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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Flossmoor 2800 Flossmoor Rd. Flossmoor, IL 60422-1186 708.798.2300 www.flossmoor.org Last Update: 02/07/2011 |
None | Obtain final water reading. | 12/22/2006 | No |
none |
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Forest Park 517 Des Plaines Ave. Forest Park, IL 60130-1800 708.366.2323 www.forestpark.net Last Update: 02/07/2017 |
No fee for compliance stamp. | Deed will not be recorded without compliance stamp. Fine of not more than $1,000. | Final water bill must be paid. Compliance stamp required. Copy of deed and PTAX required. | 12/22/2006 | Yes (see Notes at right) | |||||
Fox River Grove 305 Illinois St. Fox River Grove, IL 60021-1197 847.639.3170 www.foxrivergrove-il.org Last Update: 02/07/2011 |
None | Obtain final water reading, all sums due village must be paid. | 12/22/2006 |
none |
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Frankfort 432 W. Nebraska St. Frankfort, IL 60423-4001 815.469.2177 www.villageoffrankfort.com Last Update: 02/07/2011 |
None | Obtain final water reading. | 12/22/2006 |
none |
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Franklin Park 9500 Belmont Ave. Franklin Park, IL 60131-2763 847.671.4800 www.villageoffranklinpark.com Last Update: 02/07/2017 |
$40 minimum, depending on property type | Franklin Park 9495VC10 | Village Hall, Building Dept. | Yes, minimum $100 | Deed will not be recorded. Possible fine of $500. | Seller | Final water bill must be paid. Submit current survey and original deed to Building Department at least 3 days prior to closing. | 04/01/1994 | Yes. $75 minimum. |
Some properties with Franklin Park addresses are located in unincorporated areas and subject to the final water bill in Leyden Township. |
Freeport 230 W. Stephenson St. Freeport, IL 61032-4376 815.599.5816 www.ci.freeport.il.us Last Update: 02/07/2011 |
$2.00/$500 (or part thereof) | Freeport Ord. 92-21 | City Hall, Finance Department | No | Penalty of 10% of tax due. Fine of $50-$300 for first offense; $200-$500 for each subsequent offense. | Seller | Copy of PTAX Form. | 06/06/1992 | No |
none |