Real Estate Transfer Tax Ordinances
All data confirmed with municipalities March 2025. “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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Palatine 200 E. Wood St. Palatine, IL 60067-5339 847.359.9082 www.palatine.il.us Last Update: 03/08/2017 |
None | Final water bill must be paid. | 12/22/2006 | No |
none |
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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 |
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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 |
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Park Forest 350 Victory Dr. Park Forest, IL 60466-2068 708.748.1112 www.villageofparkforest.com Last Update: 03/04/2025 |
$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. Signed declaration. | 03/04/2025 | Yes. $100 | |
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Park Ridge ATTN Finance Department 505 Butler Pl. Park Ridge, IL 60068-4182 847.318.5222 www.parkridge.us Last Update: 03/04/2025 |
$2.00/$1,000 (round to nearest $1,000) | Park Ridge Code of Ordinances 2-18-1 | City Hall | Yes. $25 (visit site for details) | 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 | Payment of final water bill, applicable real estate transfer tax fee, and all other taxes and fees owed to the City. Submit contact's name, phone, and email, the PTAX-203 or MyDec form, and the final water meter reading (via photo of the meter taken no more than five days before closing date) via mail or email (transferstamp@parkridge.us). | 03/04/2025 | No | |
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Peoria 419 Fulton St., Ste. 401 Peoria, IL 60602-1217 309.494.8565 www.peoriagov.org Last Update: 03/04/2025 |
$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. Fine listed is for first offense. | Seller | 03/04/2025 | No |
none |
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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 |
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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 |
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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 |
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