In Illinois, the regulation of rent is primarily governed by 50 ILCS 825/1. This state has prohibited rent control. This law bans rent control throughout the state, allowing all landlords to set rent and increase it (with proper notice).
|Minimum Notice for Rent Increases||No Statute|
|Max. Late Fee||No Statute|
|Max. Bounced Check Fee||Fee must be “reasonable” td>|
When Can a Landlord Increase Rent in Illinois?
In Illinois, landlords are unable to raise rent during a fixed-term lease. Landlords may increase rent on periodic lease agreements (i.e., month-to-month, week-to-to-week, etc.).
When Is It Illegal to Raise Rent in Illinois?
According to the Federal Fair Housing Act, it is illegal for a landlord to raise rent based on the age, race, religion, nation or origin, familial status, or disability status of a tenant.
Is There a Rent Increase Limit in Illinois?
There is no state statute limiting rent increases.
How Much Notice Is Needed for Raising Rent in Illinois?
There is no statute on how much notice an Illinois landlord should provide for increasing rent. However, it is recommended to provide week-to-week tenants with a 7-Day Notice and month-to-month tenants with a 30-Day Notice.
For a FREE rent increase notice template, click here.
How Often Can Rent Be Increased in Illinois?
Illinois has no regulations on limiting the frequency with which rent can increase.
Laws Regarding Late Fees in Illinois
In Illinois, late fees must be “reasonable” and must be in the lease agreement.
Laws Regarding Bounced Check Fees in Illinois
Illinois has no statute regarding bounced check fees.
Illinois Cities With Rent Control
The Illinois Rent Control Preemption Act prevents local municipalities from enacting, enforcing, or maintaining ordinances controlling the amount of rent that can be charged for private property. (The Rent Control Preemption Act)