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.
How Illinois compares
- 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
- Cook County
- Lake County
- Kane County
- Piatt County
- Douglas County
- Kendall County
- Moultrie County
- Logan County
- De Witt County
- Woodford County
- Christian County
- Lee County
- Marshall County
- Tazewell County
- Warren County
- Grundy County
- Coles County
- Will County
- Bureau County
- Edgar County
- LaSalle County
- Livingston County
- Henry County
- Stark County
- Ford County
- McDonough County
- Morgan County
- Ogle County
- Putnam County
- Carroll County
- Hancock County
- St. Clair County
- Menard County
- Mercer County
- Stephenson County
- Boone County
- Rock Island County
- Clinton County
- Whiteside County
- Montgomery County
- Cumberland County
- Shelby County
- Henderson County
- Macoupin County
- Mason County
- Knox County
- Iroquois County
- Adams County
- Jersey County
- McHenry County
- Scott County
- Monroe County
- Winnebago County
- Washington County
- Pike County
- Jo Daviess County
- Clark County
- Bond County
- Effingham County
- Cass County
- DeKalb County
- Randolph County
- Greene County
- Jasper County
- Sangamon County
- Peoria County
- Champaign County
- McLean County
- Lawrence County
- Fayette County
- Madison County
- Richland County
- Fulton County
- Vermilion County
- Kankakee County
- Crawford County
- Brown County
- Schuyler County
- Macon County
- Clay County
- Marion County
- Perry County
- Edwards County
- Hamilton County
- Wabash County
- Gallatin County
- Franklin County
- Wayne County
- White County
- Calhoun County
- Pulaski County
- Alexander County
- Union County
- Jackson County
- Jefferson County
- Saline County
- Williamson County
- Hardin County
- Massac County
- Johnson County
- Pope County
Selling rules by situation in Illinois
| Scenario | Redemption Period | Probate Requirements |
|---|---|---|
| Tax-Delinquent | Vacant 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 |
| Inherited | N/A | Statute covers personal estate only. |
| Landlocked | N/A | Not 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.