Lake Ka-Ho, IL Security Deposit Laws 2026
Illinois limits security deposits to 2 month(s) of rent. In Lake Ka-Ho, that's $2,126 at the median 2BR rent of $1,063/month. Miss the 30-day return deadline and you could owe $2,126+.
In Illinois, landlords must return security deposits within 30 days after move-out. The maximum deposit is 2 month(s) of rent. Failure to return on time or provide an itemized statement can result in penalties of $2,126 or more.
Key Takeaways — Lake Ka-Ho Security Deposit Laws
- Maximum deposit: 2 month(s) of rent = $2,126 at Lake Ka-Ho's median rent
- Return deadline: 30 days after tenant moves out
- Penalty for late return: Up to 2x the deposit ($2,126)
- Itemized statement: Required with any deductions
Security Deposit Laws in Lake Ka-Ho
Under Illinois law, landlords in Lake Ka-Ho may collect a maximum security deposit of 2 month(s) of rent. At Lake Ka-Ho's median 2-bedroom rent of $1,063/month, that means the most you can legally collect is $2,126.
$2,126
max deposit (2mo × $1,063)
30 days
return deadline
$2,126
max penalty for late return
Returning the Deposit: The 30-Day Clock
Once a tenant moves out of your Lake Ka-Ho rental, Illinois law gives you exactly 30 days to either return the full deposit or provide an itemized statement of deductions. The clock starts on the day the tenant surrenders possession — not when you inspect the unit.
What you can deduct from a security deposit in Lake Ka-Ho:
- Unpaid rent
- Damage beyond normal wear and tear
- Cleaning costs to restore the unit to move-in condition
- Costs for restoring or replacing personal property (if lease allows)
What you cannot deduct:
- Normal wear and tear (minor scuffs, carpet wear, faded paint)
- Pre-existing damage (document with photos at move-in)
- Professional cleaning if the tenant left the unit in reasonable condition
Penalty Warning
Violate Illinois security deposit laws rules in Lake Ka-Ho and you could owe $2,126+. At Lake Ka-Ho's median rent of $1,063/month, even a single violation adds up fast.
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How Lake Ka-Ho Rents Affect Deposit Amounts
Deposit amounts scale with local rents. Here's what Lake Ka-Ho landlords typically collect:
| Unit Size | Median Rent (Lake Ka-Ho) | Max Deposit (2mo) | Penalty Risk |
|---|---|---|---|
| Studio | $774/mo | $1,548 | $3,096 |
| 1-Bedroom | $853/mo | $1,706 | $3,412 |
| 2-Bedroom | $1,063/mo | $2,126 | $4,252 |
| 3-Bedroom | $1,370/mo | $2,740 | $5,480 |
Rents based on HUD Fair Market Rents (FY2026) for State Average.
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More Lake Ka-Ho Landlord Laws
Security Deposit Laws in Nearby Cities
Own properties in multiple cities? Rules may differ locally:
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Download Free ChecklistReviewed by Rachid Abadli
Founder & CEO, LeaseBase · Sacramento landlord · Self-managing since 2019
LeaseBase is a property management platform — not a law firm. Consult an attorney for legal advice specific to your situation.
