Real Estate Transfer Tax Ordinances
All data confirmed with municipalities April 2017. “Last update” field indicates date of most recent change from municipality.
Print this page
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 |
---|---|---|---|---|---|---|---|---|---|---|
Naperville 400 S. Eagle St. P.O. Box 3020 Naperville, IL 60566-7020 630.420.6059 www.naperville.il.us Last Update: 05/17/2021 |
$1.50/$500 (round to nearest $500) | Village Code 3-1-8 | Village Hall, Municipal Center (or ATG Chicago Loop office – form in Notes) | Yes | 1% per month interest and penalty of 50% of tax. Possible fine of $200-$500. Recorded lien on property. | Buyer | Obtain final water reading. All sums due village must be paid (proof or payment required at closing). PTAX or executed contract required. Submit Statememt of Open Accounts Request at least seven days prior to closing. | 05/09/1995 | No |
Some properties with Naperville addresses are located within the City of Aurora and pay Aurora taxes. Check with the Naperville City Clerk to see if the property is incorporated into Aurora. |
New Lenox 701 W. Haven Ave. New Lenox, IL 60451-2199 815.485.6452 www.newlenox.net Last Update: 02/08/2011 |
None | 12/22/2006 | No |
If the property is incorporated in the Village of New Lenox, there is no transfer tax. However, some properties with New Lenox mailing addresses are actually incorporated into an adjacent municipality. Call the New Lenox City Clerk with the address to see if the property is incorporated into another adjacent municipality and, if so, determine if that municipality has a transfer tax. |
||||||
Niles 1000 Civic Center Dr. Niles, IL 60714-3229 847.588.8032 www.vniles.com Last Update: 06/30/2021 |
$3.00/$1,000 (round to nearest $1,000) | Village Code Sec. 94-28 | Village Hall | Yes. $25 | 1.5% per month interest and penalty of 10% of tax. Tax lien on property. | Buyer | Final water bill must be paid. City transfer declaration and sales contract required. | 05/22/1993 | Yes. $25 (see Notes) | |
Norridge 4000 N. Olcott Ave. Norridge, IL 60706-1199 708.453.0800 www.villageofnorridge.com Last Update: 06/15/2023 |
No fee for stamp. | Village of Norridge | Yes. Transfer Exemption Application must be submitted with the original signed and notarized exempt paperwork. | Seller. New buyer may accept responsibility for violations and has 30 days to correct them. | Inspection by Building Department ($100) and compliance of the violations must be met. Must submit copy of contract and MLS listing if sold by a real estate agent. Must be done in person; Norridge does not accept faxed copies nor schedule appointments over the phone. Once the above is submitted, an appointment will be scheduled. Norridge recommends minimum 15 days prior to closing to schedule inspection. Final water bill must be paid. | 12/22/2006 | No. |
June 2023 - Links to docs: |
||
North Aurora 25 E. State St. North Aurora, IL 60542-1684 630.897.8228 www.vil.north-aurora.il.us Last Update: 02/08/2011 |
None | Obtain final water reading; bill must be paid. | 12/22/2006 | No |
none |
|||||
North Chicago 1850 Lewis Ave. North Chicago, IL 60064-2050 847.596.8620 www.northchicago.org Last Update: 02/08/2011 |
$5.00/$1,000 (round to nearest $1,000) | North Chicago Ord. 6-15 | Office of the Comptroller, City Hall | Yes. $50 | 1% per month interest and penalty of 10% of tax. Upon conviction, fine of $50-$500. Lien created. | Buyer | Final water bill must be paid. Certificate of Occupancy required. Copy of contract and original transfer form signed by both parties required. No personal checks. | 01/26/1991 | Yes. $50 |
Tax does not include mortgages or liens. If a transfer price is reduced because of a mortgage or lien, then the tax is applied to both the purchase price and the amount of the mortgage or lie |
North Riverside 2401 S. Des Plaines Ave. North Riverside, IL 60546-1596 708.447.4211 www.northriverside-il.gov Last Update: 02/14/2017 |
None | Plat of Survey | 12/22/2006 | Yes, $405. Deed will be stamped after inspection is completed. |
none |
|||||
Northbrook 1225 Cedar Lane Northbrook, IL 60062 www.northbrook.il.us 847.272.5050 www.northbrook.il.us Last Update: 07/20/2015 |
None | Final water meter reading must be scheduled within one week of closing and paid prior to closing. | 07/20/2015 | |||||||
Northfield 361 Happ Rd. Northfield, IL 60093-3482 847.446.9200 www.northfieldil.org Last Update: 02/08/2011 |
None | Obtain final water reading. | 12/22/2006 |
none |
||||||
Northlake 55 E. North Ave. Northlake, IL 60164-2489 708.343.8700 www.northlakecity.com Last Update: 02/14/2017 |
$250 Compliance Stamp | A fine not less than $100 nor more than $1,000. Each day the violation exists shall constitute a separate offense. | Seller | Final water reading and bill must be paid. Plat of survey. Property Inspection ($250). | 12/22/2006 | Yes. Must apply for inspection with the city not less than 21 days prior to any proposed sale. |
None |