Real Estate Transfer Tax Ordinances

All data confirmed with municipalities April 2017. “Last update” field indicates date of most recent change from municipality.

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
Palatine
200 E. Wood St.
Palatine, IL 60067-5339
847.359.9088
www.palatine.il.us

Last Update: 03/08/2017
None           Final water bill must be paid. 12/22/2006 No

none

Palos Heights
7607 W. College Dr.
Palos Heights, IL 60463-1074
708.361.1804
www.palosheights.org

Last Update: 03/08/2017
None           Obtain final water reading. 12/22/2006 No

none

Palos Hills
10335 S. Roberts Rd.
Palos Hills, IL 60465-1929
708.598.3400
www.paloshillsweb.org

Last Update: 02/08/2011
None           Obtain final water reading. 12/22/2006 Yes. $50

none

Park Forest
350 Victory Dr.
Park Forest, IL 60466-2068
708.748.1112
www.villageofparkforest.com

Last Update: 02/08/2011
$5.00/$1,000 (round to nearest $1,000) Park Forest Ord. No. 1575 Village Hall, Building Department Yes. $15 1% per month interest and penalty of 10% of tax. Possible fine of $200-$1,000. Lien against property for the amount of the tax. Seller All sums due city must be paid. 08/15/1995 Yes. $100

Read More

Park Ridge
505 Butler Pl.
Park Ridge, IL 60068-4182
847.318.5289
www.parkridge.us

Last Update: 03/20/2017
$2.00/$1,000 (round to nearest $1,000) Park Ridge Code of Ordinances 2-18-1 City Hall Yes. $25 Deed will not be recorded. Not more than $500 fine. 1% per month interest and a penalty of 50% of the tax amount. Lien will be recorded. Fine up to $500. Seller Final water bill must be paid. City transfer declaration, original deed or assignment of beneficial interest, recent plat of survey, and copy of title commitment required. Transfer stamps are required on all judicial sales deeds, including deeds going back to the lender. 08/01/1989 Yes

Request for Municipal Transfer Tax Stamp Purchase

Peoria
419 Fulton St., Ste. 401
Peoria, IL 60602-1217
309.494.8565
www.ci.peoria.il.us

Last Update: 02/14/2017
$2.50/$1,000 (round to nearest $1,000) Article X, Sec. 27-226 City Hall Yes 2% per month interest and penalty of 20% of tax. Possible fine of $200-$300. Deed will not be recorded. Seller   12/22/2006 No

none

Phoenix
633 E. 151st St.
Phoenix, IL 60426-2452
708.331.2636
www.villageofphoenix.com

Last Update: 02/08/2011
None           Final water bill must be paid. 12/22/2006 Yes. $50

none

Plainfield
24000 W. Lockport St.
Plainfield, IL 60544-1778
815.436.7093
www.plainfield-il.org

Last Update: 02/08/2011
None (see "Notes")             12/22/2006 No

If the property is incorporated in the Village of Plainfield, there is no transfer tax. However... Read full note

Posen
2440 Walter Zimny Dr.
Posen, IL 60469-1395
708.385.0139
www.villageofposen.org

Last Update: 02/14/2017
None           Obtain final water reading; bill and all fines must be paid. 12/22/2006 Yes. $170

none

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
Palatine
200 E. Wood St.
Palatine, IL 60067-5339
847.359.9088
www.palatine.il.us

Last Update: 03/08/2017
None           Final water bill must be paid. 12/22/2006 No

none

Palos Heights
7607 W. College Dr.
Palos Heights, IL 60463-1074
708.361.1804
www.palosheights.org

Last Update: 03/08/2017
None           Obtain final water reading. 12/22/2006 No

none

Palos Hills
10335 S. Roberts Rd.
Palos Hills, IL 60465-1929
708.598.3400
www.paloshillsweb.org

Last Update: 02/08/2011
None           Obtain final water reading. 12/22/2006 Yes. $50

none

Park Forest
350 Victory Dr.
Park Forest, IL 60466-2068
708.748.1112
www.villageofparkforest.com

Last Update: 02/08/2011
$5.00/$1,000 (round to nearest $1,000) Park Forest Ord. No. 1575 Village Hall, Building Department Yes. $15 1% per month interest and penalty of 10% of tax. Possible fine of $200-$1,000. Lien against property for the amount of the tax. Seller All sums due city must be paid. 08/15/1995 Yes. $100

Read More

Park Ridge
505 Butler Pl.
Park Ridge, IL 60068-4182
847.318.5289
www.parkridge.us

Last Update: 03/20/2017
$2.00/$1,000 (round to nearest $1,000) Park Ridge Code of Ordinances 2-18-1 City Hall Yes. $25 Deed will not be recorded. Not more than $500 fine. 1% per month interest and a penalty of 50% of the tax amount. Lien will be recorded. Fine up to $500. Seller Final water bill must be paid. City transfer declaration, original deed or assignment of beneficial interest, recent plat of survey, and copy of title commitment required. Transfer stamps are required on all judicial sales deeds, including deeds going back to the lender. 08/01/1989 Yes

Request for Municipal Transfer Tax Stamp Purchase

Peoria
419 Fulton St., Ste. 401
Peoria, IL 60602-1217
309.494.8565
www.ci.peoria.il.us

Last Update: 02/14/2017
$2.50/$1,000 (round to nearest $1,000) Article X, Sec. 27-226 City Hall Yes 2% per month interest and penalty of 20% of tax. Possible fine of $200-$300. Deed will not be recorded. Seller   12/22/2006 No

none

Phoenix
633 E. 151st St.
Phoenix, IL 60426-2452
708.331.2636
www.villageofphoenix.com

Last Update: 02/08/2011
None           Final water bill must be paid. 12/22/2006 Yes. $50

none

Plainfield
24000 W. Lockport St.
Plainfield, IL 60544-1778
815.436.7093
www.plainfield-il.org

Last Update: 02/08/2011
None (see "Notes")             12/22/2006 No

If the property is incorporated in the Village of Plainfield, there is no transfer tax. However... Read full note

Posen
2440 Walter Zimny Dr.
Posen, IL 60469-1395
708.385.0139
www.villageofposen.org

Last Update: 02/14/2017
None           Obtain final water reading; bill and all fines must be paid. 12/22/2006 Yes. $170

none