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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.

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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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Late Fee Limits in Nearby Cities

Own properties in multiple cities? Rules may differ locally:

Byron, IL
Pop. 3,772
Davis Junction, IL
Pop. 2,537
Monroe Center, IL
Pop. 406
Oregon, IL
Pop. 3,566
Leaf River, IL
Pop. 423

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How we researched this page: Late fee limits rules are based on Illinois state statutes. Rent data comes from HUD Fair Market Rents (FY2026) for Ogle County. Last updated: August 2026.
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Reviewed 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.