Tax liens in Illinois are claims placed on properties when owners fail to pay required property taxes. Local governments sell these liens to recover unpaid taxes, transferring the right to collect repayment — often with interest — to the investor.
When you purchase a tax lien in Illinois, you are buying the right to collect delinquent property taxes plus interest or penalties set by state law. The property owner must repay the lien to remove it.
Tax liens currently available statewide.
Investors purchase a lien, not immediate ownership.
Owners may repay the lien before foreclosure rights arise.
Tax lien availability changes as liens are redeemed or sold. If you don’t see a listing that fits your strategy today, consider signing up for our email alerts to be notified when new tax lien opportunities become available in Illinois.
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