Under Illinois law, the Treasurer's Office is required to conduct two types of tax sales to sell delinquent property taxes – the Annual Tax Sale and the Scavenger Tax Sale.
If property taxes for the immediately preceding tax year are delinquent on a parcel, the full delinquent tax amount due, plus interest and penalties, are offered for sale at the Annual Tax Sale.
To participate in the Annual Tax Sale, potential bidders must review the rules and regulations, complete registration and provide collateral or a bond.
The 2020 Annual Tax Sale is scheduled to begin in November 2022.
If there are three or more delinquent tax years on a property, those taxes are offered for sale at the biennial Scavenger Tax Sale. There is a minimum opening bid amount of $250.00, or one half of the total tax amount due if the amount is less than $500.00.
To participate in the Scavenger Sale, prospective bidders must review the rules and regulations and complete registration.
For a complete explanation of the distinctions between these sales and how to proceed to tax deed, read 35 ILCS (Illinois Compiled Statutes) 200/1-1, et. seq. You may also wish to consult an attorney.
Please check this site periodically for information and updates about upcoming tax sales.
The next Scavenger Tax Sale will take place in 2024.