Stillman Valley, IL Late Fee Limits 2026
Late fees in Stillman Valley must be reasonable. Charge more and tenants sue to recover — courts void excessive fees regardless of what the lease says.
In Illinois, late fees must be reasonable and proportional to actual damages from late payment. There is no specific statutory cap, but courts void excessive fees. A 5-day grace period applies.
This applies to properties in Stillman Valley, IL. Check all requirements for your property →
Key Takeaways — Stillman Valley Late Fee Limits
- Key rule: Must Be Reasonable
- Violation risk: face a challenge in court
Late Fee Limits in Stillman Valley
Stillman Valley landlords must follow Illinois state law on late fee limits. Understanding the specific rules, deadlines, and penalties can prevent costly violations.
$1,118
median 2BR rent
Must Be Reasonable
key requirement
Penalty Warning
Violate Illinois late fee limits rules in Stillman Valley and you could face a challenge in court. At Stillman Valley's median rent of $1,118/month, even a single violation adds up fast.
Stillman Valley Rental Market Context
Stillman Valley is the 637th-largest city in Illinois (population 1,060). With a median 2-bedroom rent of $1,118/month, it falls in the above-average range for Illinois rental costs — 17% above the state median of $952/month.
How Stillman Valley Compares in Ogle County
Stillman Valley ranks #8 of 11 cities in Ogle County by population. Because late fee limits rules are often tied to rent amounts, costs vary across the county.
| City | Population | Median Rent | Late Fee Limit |
|---|---|---|---|
| Rochelle | 9,319 | $1,118/mo | Reasonable |
| Byron | 3,772 | $1,118/mo | Reasonable |
| Oregon | 3,566 | $1,118/mo | Reasonable |
| Mount Morris | 2,809 | $1,118/mo | Reasonable |
| Davis Junction | 2,537 | $1,118/mo | Reasonable |
| Polo | 2,252 | $1,118/mo | Reasonable |
| Forreston | 1,410 | $1,118/mo | Reasonable |
| Stillman Valley | 1,060 | $1,118/mo | Reasonable |
| Creston | 619 | $1,118/mo | Reasonable |
| Leaf River | 423 | $1,118/mo | Reasonable |
| Monroe Center | 406 | $1,118/mo | Reasonable |
Rents based on HUD Fair Market Rents (FY2026) for Ogle County, Illinois. All cities follow Illinois state law unless a local ordinance applies.
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Rents based on HUD Fair Market Rents (FY2026) for Ogle County.
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More Stillman Valley Landlord Laws
Late Fee Limits in Nearby Cities
Own properties in multiple cities? Rules may differ locally:
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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.