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Illinois

Property Management Software for Illinois Landlords

Illinois has no rent control, but Chicago’s RLTO is one of the most complex landlord-tenant ordinances in the country — 9 required disclosures, strict late fee formulas, and security deposit penalties that catch landlords off guard. LeaseBase tracks it all.

Up to 3 units, no credit card. Growth from $79/mo.

Why Illinois Landlords Need a System

Illinois landlords face an unusual regulatory challenge. The state preempted rent control in 1997, which gives you freedom to set and increase rents at any level. But that freedom masks a much deeper compliance burden — particularly in Chicago, where the Residential Landlord and Tenant Ordinance (RLTO) imposes obligations that rival or exceed many rent control jurisdictions in complexity.

The RLTO requires nine separate disclosures attached to every lease. It mandates a specific late fee formula ($10 + 5% above $500) that most landlords get wrong. It requires annual interest payments on security deposits — and the penalty for missing even a few cents of interest is 2x the entire deposit plus attorney fees. The Fair Notice Ordinance requires 120 days’ notice for long-term tenants, catching landlords who default to a standard 30-day notice.

To make matters more complex, landlords with properties in both Chicago and suburban Cook County must comply with two different ordinances for buildings that may be only miles apart. And starting in 2026, two new statewide laws — the Safer Homes Act and the Junk Fee Ban — add additional requirements on top of existing local obligations. LeaseBase tracks all of these overlapping rules for every property in your portfolio.

Chicago Landlord Compliance Calculator

No rent control, but 9 required disclosures, strict late fee formulas, and security deposit rules with severe penalties. Use our free compliance tool to check what applies to your specific property.

9

Required Lease Disclosures in Chicago

RLTO · Late fees · Deposit interest · Fair Notice · 2026 new laws

Check your compliance →

Three Overlapping Ordinances

The rules that apply to your property depend entirely on where it sits. Chicago, Cook County, and Evanston each have separate ordinances with different requirements.

Chicago (RLTO)

  • 9 required lease disclosures
  • Late fee: $10 + 5% above $500
  • Security deposit interest: 0.01%
  • Fair Notice: 30/60/120 days tiered
  • Lockout penalty: $500/day

Cook County (RTLO)

  • Separate from Chicago RLTO
  • Late fee: $10 + 5% above $500
  • Security deposit interest required
  • 30-day notice for non-renewal
  • 2x deposit penalty for violations

Evanston (ERLTO)

  • Own ordinance, separate from both
  • Late fee: $10 + 5% above $500
  • Security deposit interest required
  • 60-day notice for non-renewal
  • 2x deposit penalty for violations

Rest of Illinois

  • State law only
  • No rent control (preempted since 1997)
  • Safer Homes Act (2026) applies statewide
  • Junk Fee Ban (Jul 2026) applies statewide
  • Standard 30-day notice

Illinois Landlord Compliance — Key Facts

Rent Control None (preempted statewide since 1997)
Chicago Late Fee Cap $10 for first $500 + 5% above $500 (5-day grace period)
Deposit Interest Rate 0.01% (2025–2026), paid annually within 30 days of anniversary
Deposit Violation Penalty 2x deposit amount + attorney fees
Chicago Fair Notice 30/60/120 days based on tenancy length
2026 New Laws Safer Homes Act (Summary of Rights) + Junk Fee Ban (Jul 2026)

Chicago compliance is complex. Your software shouldn’t be.

LeaseBase tracks RLTO disclosures, late fee formulas, security deposit interest deadlines, and Fair Notice requirements automatically for every property in your portfolio.

Check My Compliance Chicago Compliance Tool

Up to 3 units, no credit card. Growth from $79/mo.