Family-owned land company buying in Illinois

Sell your Illinois land for cash

Liberty Acres is a family-owned land company that buys land in Illinois. We pay back taxes and all closing costs, close through a title company, and can close in as little as 14 days.

  • No agents, listings or commissions
  • Inherited, rural or out-of-state land is fine
  • Every closing through a title company

How much is my land worth? · Illinois land values and selling rules

Selling in Illinois with: back taxes · inherited land

Tell us about your land

Where is the land? (optional, helps us research it)

Requesting an offer doesn't commit you to anything. We use your details to research the parcel and contact you about it. We don't sell or share them.

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Illinois land values, taxes, and selling rules

Illinois charges a state transfer tax: state tax $0.50 per $500 of value or fraction (0.1%). Residential Real Property Disclosure Act covers real property improved with 1 to 4 dwelling units, residential co-ops and condos, so vacant land is outside it.

$9,250Avg. value per acre (2026)
$21.82Avg. tax per acre / year
0.10%State transfer tax
0.26%Effective tax rate

How Illinois compares

$9,250/acre, 92% above the median state ($4,825, marked by the line)
Land value rank
#11 of 50 states
Tax burden rank
#34 of 50 states
Holding cost, 10 acres
$218 per year in property tax

Sources: USDA NASS Land Values 2026 (average value of farm real estate per acre); USDA 2022 Census of Agriculture (property tax per acre of farmland); state statutes (transfer tax). Averages, not appraisals. Your parcel may be worth more or less depending on location, access, and use.

County land values in Illinois

101 counties

Selling rules by situation in Illinois

ScenarioRedemption PeriodProbate Requirements
Tax-DelinquentVacant non-farm land sold at a tax sale can be redeemed for 1 year from the date of sale. Most other property gets 3 years for certificates issued since July 10, 2026, and 2.5 years for certificates issued from 2024 until then.Not applicable
InheritedN/AStatute covers personal estate only.
LandlockedN/ANot applicable

Own land in Illinois?

Send your county, state and parcel number. We research the parcel and send a written offer. You pay nothing, and every closing runs through a title company.

Disclosure: this site is published by Liberty Acres, a family-owned land company. We may make an offer on your land.

How selling your Illinois land works

  1. Tell us about your land. Tell us a little about your land. We'll need the county, state and parcel number.
  2. Get your offer. We research the parcel: access, zoning, taxes and recent sales nearby. Then we send you a written offer.
  3. Sign the purchase agreement. Sign the purchase agreement by email, or we mail it to you. It names the price and the closing company.
  4. Schedule closing. We work with a local closing company to manage the entire closing process at our expense.
  5. Get paid. When the closing paperwork is ready, you sign the deed and receive the funds from the closing company directly.

Illinois land selling questions

Is there a transfer tax when I sell land in Illinois?

Yes. Illinois charges a state transfer tax of 50 cents for each $500 of value, or fraction of $500, which is about 0.1%. A county can add 25 cents per $500, and some home rule cities add their own tax, such as Chicago at $5.25 per $500. The deed must be recorded with a transfer declaration signed by a seller and a buyer, or by their attorneys or agents. Ask your title company which local taxes apply to your parcel. Source: 35 ILCS 200/31-10 and 31-25, 55 ILCS 5/5-1031, 65 ILCS 5/8-3-19, and the City of Chicago Real Property Transfer Tax page.

What happens if I don't pay property taxes on my Illinois land?

Your unpaid taxes can be sold at the county's annual tax sale, and you can later lose the land through a court tax deed process. Delinquent taxes bear interest of 1.5% a month, or 0.75% a month in Cook County for tax year 2023 and later. Outside Cook County, the collector usually asks the court for a judgment within 90 days after the second installment due date. At the sale, the buyer pays the taxes and bids a penalty rate of up to 9%. Your cost to redeem adds that penalty again for each 6 months that pass, plus fees and any later taxes the buyer paid. Source: 35 ILCS 200/21-15, 21-150, 21-205, 21-215 and 21-355.

How long do I have to redeem my Illinois land after a tax sale?

For vacant land that is not farmland, 1 year from the tax sale, which the certificate holder can extend to no more than 3 years. Most other land, including farmland and lots with a house, gets 3 years for certificates issued since July 10, 2026. Certificates issued from 2024 until then give 2.5 years. Payment must reach the county clerk by close of business on the last day, or be postmarked at least 1 day before it. Before asking for a tax deed, the holder must notify you 3 to 6 months before the deadline, so confirm the date with the clerk. Source: 35 ILCS 200/21-350 (as amended by P.A. 103-555 and P.A. 104-553), 21-355, 21-385 and 22-10.

Do I get any money if I lose my Illinois land to a tax deed?

Possibly, under a 2026 law. For certificates issued since July 10, 2026, the land is sold at a public auction, and any bid above the minimum is held for you. You can claim it with the county treasurer or the court within 3 years of the treasurer's notice. For older certificates, you can ask the court for lost equity from a county surplus equity fund within 2 years after the deed is recorded. For deeds recorded in the 2 years before July 10, 2026, the deadline is July 10, 2028. Source: 35 ILCS 200/21-90, 21-302, 22-40 and 22-42 (P.A. 104-553).

Do I have to give a disclosure statement when I sell vacant land in Illinois?

Not under Illinois's seller disclosure law, which covers only property with 1 to 4 dwelling units, co-ops and condos. The Residential Real Property Disclosure Act defines its scope that way, so bare land falls outside it. The Act also says it does not limit other duties to disclose that exist to prevent fraud or misrepresentation. Do not hide or misstate a known problem with the land. Ask an Illinois real estate attorney what your sale requires. Source: 765 ILCS 77/5, 77/10 and 77/45.

Can I sell my Illinois land if I live in another state?

Yes. Liberty Acres buys land anywhere in the US, so you do not need to live in Illinois to sell to us. We close through a title company and pay back taxes and all closing costs. There are no agents and no commissions.