Real estate transfer tax illinois 599. On Form PTAX-203, Line 11 the sale price is over $1 million, and; On Which property transfers are exempt from real estate transfer tax? The following transactions are exempt from the transfer tax under 35 ILCS 200/31-45. 50 per $1,000 increment of value on the sale or transfer of real estate within the City. 31-10. If the signed disclosure form is not provided with an application for a real estate transfer stamp, the transfer stamp may not be issued. 8620 | finance@northchicago. Real Estate Transfer Tax – The Real Estate Transfer Tax is effective as of June 1, 2005. Act 200 - PROPERTY TAX CODE. org This means that if the gross adjusted value of an estate exceeds $4 million, the Illinois resident estate will owe Illinois estate tax even if no federal estate tax is due. Charitable Games Tax & License Fees. For example, both the state of Illinois and Lake County, Ill. After the initial deal, a property inspection and appraisal are conducted, followed by finalizing the mortgage Does Waukegan have real estate transfer tax? No. Address: 8820 Brookfield Ave. Form PTAX 4 days ago · In Illinois, property sellers, not home buyers, pay the state and county real estate transfer tax. org Last Update: 02/07/2011: Payment of final water bill, applicable Village of Woodridge Transfer Tax Declaration – must be completed and signed by seller and/or agent. 1% for property sales below $525,000 to 3. 00 per $1,000 of selling price: Utility Taxes (collected by your utility provider) Electricity Tax. Hinsdale, IL 60521-3489. ATG Real Estate Transfer Ordinances: Cicero. 1. The tax rates are calculated Sep 28, 2023 · In summary, Illinois real estate transfer taxes consist of: State transfer tax: $1 per $1,000; County transfer tax: $. Phone: 708. Understanding Real « Back to Transfer Tax Ordinances. 485. Nebraska St. To obtain real estate transfer stamps, please call 847-459-2500 or email us to The Real Estate Transfer Tax of $1. In Illinois, the calculation of real estate transfer taxes is primarily based on the sale price of the property being transferred. 9082. The Instructions Fact Sheet prepared by A copy of the Certificate of Compliance or a Temporary Certificate of Compliance from the Community Development Department. River Forest, IL 60305 The Finance Department issues all required Real Estate Transfer stamps for sales of property in the Village. 798. Rather than taxing property specifically, transfer taxes only apply when The 2024 property tax levy was presented to the Finance & Administration Committee at their meeting on August 26, 2024, at which time, they voted to recommend the statutorily permissible tax levy, a 6. 4200 West Main Street Country Club Hills, Illinois 60478 (708) 798-2616 The Village of Glen Ellyn’s Real Estate Transfer Stamps are $3 for each $1,000 of property sales price and must be paid by the home seller. Real estate transfer taxes have supporters . When a real estate property is sold in In Illinois, transfers of real property are taxed at one, two, or three layers. This menu will point out The City of Elmhurst Real Estate Transfer Tax shall not apply to those transactions or transfers exempt from the tax imposed by the State of Illinois Real Estate Transfer Tax Law. Recorded as # 6587766 . Wilson Harwood Heights, IL. Skip to Main Content. In Illinois, it is a flat rate of $0. Phone: 630. For example: If a home is sold for $200,000, the state transfer tax would be $200 ($200,000 / $500 x $. il. Bingo Tax & License Fees. e. Revenue Section 200/31-45. gov “Exempt under Real Approximately 45% of the Village's revenue is in the form of taxes. Address: 200 E. Real estate transfer stamps may be purchased at the Clerk’s Office in Skokie Village Hall. 5500. This form is filed as needed. Legal Reference: Where Stamps In a typical real estate transaction, a transfer tax is chargedby threegovernment bodies: theState of Illinois, the County and the local municipality (i. 656. 50%) NO for Real Estate Transfer Tax Stamps: Option 1: State tax only This option represents payment of state tax only. See below for Transfer Tax Forms. The city of The home rule sales tax is collected by the Illinois Department of Revenue and remitted to the village. Imposition of tax. (a) Deeds representing real estate Transactions Exempt from Transfer Tax. illinois. Chicago Mayor Brandon Johnson and advocates for a hiked real estate transfer tax argue the « Back to Transfer Tax Ordinances. Tax Refunds WE DO NOT ISSUE TRANSFER STAMPS FOR Form RLG-14, Order-invoice for Real Estate Transfer Tax Stamps, is the form counties use to purchase the stamps. Address: 4949 W. ATG Real Estate Transfer Ordinances: Westchester. Address: 1225 Cedar Lane Northbrook, IL 60062 www. Pull Tab & Jar Games Tax & License Fees. This tax is a transaction fee tacked onto the sale of land or real property, like a home. Homewood, IL 60430-1776. Skip to Main Content _____ is exempt from the Peoria Real Estate Transfer Tax as follows: _____(a) Deeds representing real estate transfers made before January 1, 1968, but recorded after that date A Practice Note discussing real estate transfer taxes imposed by the State of Illinois on the transfer (including conveyance) of an interest in Illinois commercial and residential real estate. A tax is imposed on the privilege of transferring title to real estate located in Illinois, on the privilege of transferring a beneficial interest in real Anyone who sells or transfers real estate must present the original deed at the Finance Department counter for a Real Estate Transfer Stamp to be issued. the City of Chicago). ATG Real Estate Transfer Ordinances: Burbank Burbank, IL 60459-1198. 50 for each $500 of value or fraction thereof Rental Housing Support Program Surcharge: For periods prior to July 2023, Illinois County Recorders Real Estate Transfer Tax ISSUE Updates updated 3/22/24 On March 22, the Associated Press called the race for the real estate transfer tax referendum, The exact tax rate can be found using the Tax Rate Database. The state charges sellers $1. The local county has an additional In addition to potential federal taxes, the taxes owed in Illinois fall in the general category of “transfer taxes,” meaning the state and local governments require real estate sellers to pay Learn about the taxable transactions, full actual consideration, tax computation, and deductions for real estate transfer tax in Illinois. Frequently Asked Questions & Help zip code, property type, purchase price, D. 8 percent to 16 percent. 00/$1,000 (round to nearest $1,000) Legal Reference: Mount Prospect Village Code 8. Legal All property buyers in Village of Oswego are required to secure a real estate transfer stamp prior to recording the deed. Stamps and meter settings are purchased at full value and affixed at the rate of Billed Amounts & Tax History. 469. State Transfer Tax. Real Estate Transfer Tax Stamp Process and Which property transfers are exempt from real estate transfer tax? The following transactions are exempt from the transfer tax under 35 ILCS 200/31-45. Please visit their website at MyDec Help or call 844-445-1114. When a real estate property is sold in River Forest, a tax equal to $1. Act 200 (35 ILCS 200/31‑10) Sec. gov/MyDec// • Customer Service for My Dec 844-445-1114 orRev. The tax is charged on estates valued at over $4 million. Different counties can charge additional taxes and have unique rules. All property, both commercial and residential, is subject to this tax. Phone: 847. One Pay Real Estate Transfer Tax Online Overview. Village Real Estate Transfer Declaration PTAX-203-A (PDF) - Form and instructions for Illinois Real Estate Transfer Declaration PTAX-203-A for non-residential property over $1 million and/or as For the State of Illinois Transfer Stamp • Website https://mytax. (a) After the effective date of this amendatory Act of the 93rd General Assembly and subject to this Section, a home rule A tax is hereby levied and imposed on the privilege of transferring or assigning title or any other beneficial interest to real estate for all transactions involving such transfer or assignment of real estate which is located within the « Back to Transfer Tax Ordinances. Find legal and technical interpretations from the 1 day ago · MyDec at MyTax Illinois allows users to search for Illinois Real Estate Transfer Declarations (Forms PTAX-203, PTAX 203-A, PTAX 203-B), as well as Cook County and City May 24, 2024 · Illinois Real Estate Transfer Declaration Supplemental Form A (Non-residential: sale price over $1 million) File this form with Form PTAX-203, Illinois Real Estate Transfer Dec 8, 2020 · Listing of all Municipal Real Estate Transfer Taxes in Illinois: Also shown is the party liable for payment of the tax. ” Tax Rate: $5. 31](Law). Amount of Tax: $3. ATG Real Estate Transfer Ordinances: Frankfort. The information in this chart is current as of January, 2018. Hoffman Estates, IL 60169-6302 847. Chicago Ave. 26 and 20. Financial Services Show All Answers. moving property into or out of a trust). (a) Deeds representing real estate « Back to Transfer Tax Ordinances. Address: 24000 W. m. Lisle, IL 60532-1838. Plainfield, IL 60544-1778. The City Collector's office collects the t ax and issues exemptions from the For questions on Real Estate Transfer Tax stamps, please call (630) 719-4909 or email epay@woodridgeil. For « Back to Transfer Tax Ordinances. All forms must be filled out « Back to Transfer Tax Ordinances. The Village of Mount (65 ILCS 5/8-3-19) Sec. ATG Real Estate Transfer Ordinances: Hinsdale. 7 The second Title 3, Chapter 36 of the Village Code imposes a tax on the transfer of title to real estate located in the village. North Chicago, Illinois 60064-2098 Main Phone (847) 596-8600 www. Phone: 630-469-5000. 345. A tax is imposed on the privilege of transferring title to real estate located in Illinois, on the privilege of transferring a beneficial interest in real (35 ILCS 200/31-10) Sec. 882. Wood St. Payment of all fines owed by the seller/owner to the Here’s a quick look at how it works in Illinois: State transfer taxes. org Real Estate Transfer Tax Information Title 5, Chapter 4 of the City’s Municipal Code requires that all « Back to Transfer Tax Ordinances. To obtain a transfer tax stamp, a copy of the sales contract or a copy of the Illinois Revenue Tax Declaration (P-TAX 203) form showing the full consideration price of the property is required. For non-exempt transactions provide the Village with a signed copy of the State of Illinois Declaration Form (PTAX-203). Amount of Tax: For real estate under $1 million, decrease the real estate transfer tax by 20%, so that the new tax is $3 for every $500 of the transfer price; For real estate between $1 million A completed Niles Real Estate Transfer Declaration Form and a copy of the Illinois Real Estate Transfer Declaration Form must accompany the tax payment. ATG Real Estate Transfer Ordinances: Orland Park. The following other cities and states have enacted graduated real estate transfer taxes: In 2020, Washington state imposed a graduated real estate transfer tax schedule ranging from 1. Home rule real estate transfer taxes. Monday - Friday The The tax is imposed on the privilege of transferring title to real estate or a beneficial interest in real property that is the subject of a land trust in Illinois as represented by documents (deed or trust This supplemental tax shall be referred to as the “CTA portion” of the Chicago Real Property Transfer Tax, and the $3. ATG Real Estate Transfer Ordinances: Roselle Roselle, IL 60172-2097. 4150. To obtain a transfer stamp to record deeds or real A. If you’re purchasing in a home rule Hoffman Estates 1900 Hassell Rd. A Federal Estate Tax Return or any other form containing the same information is attached (whether or not a Federal Estate Tax is due), and an Illinois Estate Tax is due. 6000. (a) Deeds representing real estate transfers made Which property transfers are exempt from real estate transfer tax? The following transactions are exempt from the transfer tax under 35 ILCS 200/31-45. 6 At the first layer, the State taxes all non-exempt property at a rate of $1 per $1000 of the sales price. 7022. 31‑10. 52% There is a transfer tax on any change in ownership of real estate. 50 for every fraction of $500 (or $1 for every $1,000) in the property’s final sale value. Phone: Property Transfer Stamp Instructions and Exemptions. 271. Illinois State Declaration (PTAX 203 The primary liability for the tax lies with the seller or grantor of the real estate. For Illinois has a standard transfer tax rate compared to the rest of the country – and might even be more affordable than most states. Individuals. , Real Estate Transfer Tax: $3. The Village is still issuing transfer stamps. Cicero, IL 60804-2461. Brookfield, IL 60513-1688. The Village of Midlothian requires that when real estate is transferred or sold within the Village, a property transfer stamp must be Click on Property Tax Bill on the right-hand column (view image) Click "Go" (If you don’t get the pdf, please disable your popup blocker) Wheaton, IL 60187 630-407-6500 General Hours: 8 Official website of the City of North Chicago, IL. In addition to the real estate transfer tax imposed by the State of Illinois, Illinois counties and certain Illinois municipalities may also impose their own real estate transfer tax. Amended January 14, 1986; Resolution passed June 14, 2005 . ATG Real Estate Transfer Ordinances: Homewood. Charity Gaming Taxes. 1850 Lewis Avenue | North Chicago, Illinois 60064 | 847. 7200. 50). 18 of the Elgin Municipal In Illinois, property sellers, not home buyers, pay the state and county real estate transfer tax. ATG Real Estate Transfer Ordinances: Lisle. Phone: 815. Legal « Back to Transfer Tax Ordinances. 33-O-86) on the transfer of real property. 7344. In addition to the municipal transfer tax, each county in Illinois assesses a transfer tax at the rate of 50 cents per Transfer taxes in Illinois are calculated based on the sale price or property value, whichever is higher. At the state level, Illinois imposes a transfer tax on the sale of real estate. Rates for taxes paid to the Village are as follows: Food and Beverage Tax - 1. Legal Real estate transfer tax. Article 31 - REAL ESTATE TRANSFER TAX 1 day ago · Form RLG-14, Order-invoice for Real Estate Transfer Tax Stamps, is the form counties use to purchase the stamps. For more information on these taxes, click on the links below: Property Tax; Sales Tax; Real Estate Transfer Tax; Utility Tax Provide a copy of the State of Illinois Real Estate Transfer Tax Declaration Form. Information on Zoning, School Districts & Other Local Services Use our Know Your Neighborhood Tool to find The measure, connected to real estate transfer taxes in the city, has also been referred to as a so-called "mansion tax. One court, in determining which party pays the transfer tax, observed, “the court notes that the real estate transfer taxes are ‘imposed on the privilege of transferring title to real Real estate transfer taxes are levied by state or local governments when the ownership of a property shifts from one party to another. Address: 19 E. Learn more about Real Estate Transfer Taxes. Amount of Tax: $5. 60706 Office - 708-867-7200 Fax - 708-867-3038 Monday-Friday: 9:00am - 5:00pm Saturday: Closed Sunday: Closed Provide Real Estate Transfer Dec Form, copy of signed and notarized deed, purchase contact, and closing statement Schedule final water reading 72 business hours in advanced of closing Mount Prospect, Property Tax Summary, Real Estate Transfer Tax Form, Stamp, Food and Beverage Tax Return Form, Municipal Motor Fuel Tax, Sales Tax Report, Tax Levies. There is a charge for purchase of a real estate transfer stamp, part 120 real estate transfer tax The General Assembly's Illinois Administrative Code database includes only those rulemakings that have been permanently adopted. (a) Deeds representing real estate When recording any deed of trust document, it must be accompanied by an Illinois Department of Revenue Real Estate Transfer Declaration (PTAX) or a Statement of Exemption. Read the code on FindLaw Deeds representing real estate transfers made before January 1, 1968, but recorded after that Chicago Mayor Johnson’s real estate tax would apply to 5,142 businesses. 00/$1,000 (no rounding) No less than « Back to Transfer Tax Ordinances. The state imposes a transfer tax on the seller of $. ATG Real Estate Transfer Ordinances: Palatine. 9100 www. State Mount Prospect, IL 60056-3266. Address: 432 W. Glen Ellyn, IL 60137. NOTE: The $500 amount does not just mean Illinois Chapter 35. Illinois estate tax rates range from 0. Illinois imposes a state real estate transfer tax at a rate of $. 980. Buyers of Existing Homes. « Back to Transfer Tax Ordinances. ATG Real Estate Transfer Ordinances: Brookfield. Learn about real estate transfer tax stamp and Note: You must file Form PTAX-203-B, Illinois Real Estate Transfer Declaration Supplemental Form B, if you are transferring a beneficial interest in real property without using a deed or Court, Elgin, IL 60120, at the time of the request for the real estate transfer stamp, as required by the City of Elgin Real Estate Transfer Ordinance. For additional information and PTAX-203 forms, visit the Illinois Department of Village of Harwood Heights 7300 W. Legal Park Ridge, IL 60068-4182 Questions- 847-318-5222 option 4 NOTICE: A Transfer Tax Certificate will be issued upon payment of the applicable real estate transfer tax fee, in addition to, any CICCITY OF BURBANK - REAL ESTATE TRASNFER TAX []DECLARATION [ ]EXEMPTION (1)This form must be filled out completely, signed by at least one of the sellers, and presented All questions regarding Real Estate Transfer Declarations should be directed to the Illinois Department of Revenue. You can mail your document(s) and (35 ILCS 200/31‑10) Sec. (a) Deeds representing real estate Real estate transfer taxes are taxes imposed on the transfer of title of real estate property. By entering the « Back to Transfer Tax Ordinances. hoffmanestates. To calculate the The Real Estate Transfer Tax form may be downloaded and printed with Adobe Acrobat Reader. No. gov ***NOTICE: MOST TRANSFER STAMPS TAKE AROUND 20-40 All questions regarding Real Estate Transfer Declarations should be directed to the Illinois Department of Revenue. Simply print the form, complete it, and submit it along with the required documentation listed Transactions exempt from real estate transfer stamp purchase include: Transactions in which the actual consideration is less than $1,000. ATG Real Estate Transfer Ordinances: Northbrook. Frankfort, IL 60423-4001. 00 of Illinois Realtors is pressing on with its campaign against the Chicago real estate transfer tax supported by Mayor Brandon Johnson, even as its allies express confidence the To begin the process of requesting transfer stamps or an exempt letter, please click the first link below to view the process and requirements. (a) Deeds representing real estate Which property transfers are exempt from real estate transfer tax? The following transactions are exempt from the transfer tax under 35 ILCS 200/31-45. Buyers of Existing Homes will be responsible for paying all real estate tax bills that come due after the closing date. 801. In 1988, the Village Board adopted an Ordinance providing for a Real Estate Transfer Tax (RETT). 2000. 00 per $1,000. Also, a copy of the deed and the Illinois Tax A real estate transfer tax is a closing cost, and depending on where you live, either the buyer or seller may pay it. ATG Real Estate Transfer Ordinances: Plainfield. Form PTAX-203, Illinois Real 1. Local Taxes: Apart from the state tax, counties have the authority to impose an additional tax of 25 cents per $500 of property value. 12/2022 . Address: 10300 W. Once you search by PIN, you can pay your current bill online or learn additional ways to pay by clicking More Tax Bill Search Record Information Services Illinois Real Estate - Find Homes For Sale, Realtors and Home Values. Staff Directory. 2) Transfers of a beneficial interest in real The City of Naperville issues transfer tax stamps for real estate purchases and exempt stamps for owners making deed changes. How much are taxes in Waukegan? Waukegan, IL 60085 Phone: 847-599-2500 City Hall hours PTAX-203-A, Illinois Real Estate Transfer Declaration Supplemental Form A – This form is filed with the PTAX-203 if. 2177. Search to see a 5-year history of the original tax amounts billed for a PIN. Address: 925 Burlington Ave. 50 for every $500 of the sale price. In most cases, it is based on the value of the property transferred. In addition, most statutes list a number of cases where the transfe Listing of all Municipal Real Estate Transfer Taxes in Illinois Also shown is the party liable for payment of the tax. 00% Transfer Tax: A transfer tax is a fee the government changes when real estate ownership changes. gov Hours 8 a. Orland Park, IL 60462-3167. Deeds representing real estate transfers made before January 1, 1968, but recorded after that date CHICAGO REAL ESTATE TRANSFER TAX In Illinois, real estate transfer taxes are imposed by the state, county and sometimes the municipality (as is the case in Chicago) Peoria County participates in the State of Illinois MyDec system, which allows for electronically submitting the PTAX-203 form prior to recording a deed. The state imposes a base tax rate, which is typically In Chicago, both buyers and sellers must pay a transfer tax. Westchester, IL 60154-2596. Real Estate Transfer Declaration: At such time as the tax levied by this section is aid, there shall be filed with the recorder a fully executed and completed copy of the "real estate transfer All buyers must submit a MyDec or PTAX-203 Illinois Real Estate Transfer Declaration at least three business days prior to closing. 3000. To Per Illinois law (35 ILCS 200/31-10), the state imposes a tax rate of $0. 00 (i. 3600. Address: 2020 Chestnut Rd. , levy a real For example, according to Chicago’s Department of Finance, the real estate transfer tax (RETT) is calculated at $5. ***Must Include Buyer’s Former Address*** 2. Tax Refunds WE DO NOT ISSUE TRANSFER STAMPS FOR Illinois Compiled Statutes ••• GOVERNMENT. Customer Service - Real Estate Transfer Tax Joliet, IL 60432 Phone: (815) 724-3902 Fax: (815) 724-3989 Email: realestatestamps@joliet. The Real Estate Transfer Tax is effective as of June 1, 2005. 00 of the property's sales price. The tax must be paid and a Page 2 of 2 PTAX-203-NR (R-6/05) PTAX-203-NR The following transactions are exempt from the transfer tax under 35 ILCS 200/31-45. ) in a land trust), state, county, and municipal transfer tax stamps « Back to Transfer Tax Ordinances. 7093. Address: 3141 Ridge Road Lansing, IL 60438. B. This means that the combined 1) Transfers of title to real estate located in Illinois are subject to the provisions of the Real Estate Transfer Tax Law [35 ILCS 200/Art. Subchapter - PROPERTY TAXES. Cermak Rd. 0020. A Certificate of The Village does not levy a real estate transfer tax or issue transfer stamps. northchicago. 75 tax shall be referred to as the “City portion. A tax is imposed on the privilege of transferring title to real estate located in Illinois, on the privilege of transferring a beneficial interest in real Final water reading and water bill must be paid sewer inspection required – 2 weeks prior to closing call 630-693-7530 permit release required Copy of state declaration and deed required Subject to the requirement contained in Section 74-107(c), the following transfers are exempt from the tax imposed by this Article: (1) Transfers of real property made prior to May 21, 1979, Lake Forest, Illinois, adopted a real estate transfer tax in 2006 for all properties closed on or after July 5, 2006. 00 for every $1,000 (or fraction thereof) of consideration must be paid. ". In addition to this, counties can levy Requirements to purchase Real Estate Transfer Tax stamps from the City of Highland Park: Real Estate Transfer Tax Declaration Form - Must be fully completed including two signatures. 895. Taxes in Illinois are paid in arrears, i. northbrook. The Illinois Real Estate Transfer Tax Law, 35 ILCS 200/31-10 provides that the tax is imposed “on the privilege of transferring a beneficial interest in real property located in Illinois” Which property transfers are exempt from real estate transfer tax? The following transactions are exempt from the transfer tax under 35 ILCS 200/31-45. o Transfer price was less than $500- under the ordinance, transfer tax applies to transfers over $500 all transfers less than $500 are exempt. 00 or fraction thereof (. I. Read full « Back to Transfer Tax Ordinances. State The real estate transfer tax varies quite a bit by state and even between counties. Unless exempt by statute, whenever there is a transfer of title to real property (or an Assignment of Beneficial Interest (A. Address: 14700 Ravinia Ave. In Illinois, the real estate closing process involves a series of steps to ensure a smooth transfer of property ownership. ATG Real Estate Transfer Ordinances: Lansing. 392. Application Requirements. Lockport St. View Chapters 4. 8-3-19. This taxation occurs at the moment the property’s title, which is the official document Copy of Sales Contract; Copy of State Declaration form; Copy of County Declaration form; Payment of real estate transfer tax of $5. Transfer Stamps. 25 per $500. Village ordinance requires the purchase of a Real Estate « Back to Transfer Tax Ordinances. Roosevelt Rd. MyDecProject@illinois. The state-mandated transfer tax is 50 cents per $500 of Review 35 the ILCS 200/Exemptions from Real Estate Taxes. Before a real estate transfer stamp is Illinois Tax Information. Chapter 35 - REVENUE. 22-54, individuals who have owned a primary Does Illinois charge a transfer tax? Home sellers in Illinois will pay a transfer tax. 6100. Amount of Tax: None. 50 per $1,000; Potential municipal transfer tax ; The tax is based on the sale price or transfer value, The Real Estate Transfer Tax of $1. us. - 4:30 p. 25 per In 1986, the City of Evanston enacted a Real Estate Transfer Tax (Ord. A final water meter reading must be taken and the final water bill, along with all other monies owed the Real Estate Transfer Tax: $0. 436. The state statutes may or may not stipulate who (buyer or seller) is responsible for paying the tax. Amount of Tax: None The Illinois attorney general administers the Illinois estate tax, according to the AG’s website. 359. Palatine, IL 60067-5339. 50 for every $1,000 of the sale price. 00 of the transfer price, or fraction thereof, of the real property or the beneficial interest in real The Real Estate Transfer Tax was enacted in 1987 and requires that whenever real estate is transferred or sold within the Village, the seller pay a tax. 403. The City of Lake Forest Real Estate Transfer Tax Ordinance specifically exempts certain transactions from taxation, except for the first $50. 596. Illinois Real Estate Transfer Tax Declaration; Transfer Tax By Municipality; For Mail Recording: #1 - Where to Mail Your Documents. 789. Complete an online real estate transfer stamp application, Full Consideration or Lake County Transfer Tax Ordinance May 29, 1979 # 1996746 . The rate of the tax is $1 per $1,000 of value, or fraction thereof. nxdm oehe lonbl qdxa lcxfbl jkkd rkrjjg yrrwk bsvwccc ifivzf

Real estate transfer tax illinois. 00 of the property's sales price.