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This Illinois lease agreement is a contract that is used during the rental use of a real estate property (apartment, condo, house). The Lessor and Lessee must agree on how the rental arrangement will happen and what provisions will be included.
Rental Application – The Landlord can ask for a rental application to verify the tenant’s credentials. Once approved, both parties can sign the lease.
Form Options By Type
 Standard Residential Lease Agreement
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 Simple (1-Page) Lease Agreement
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Most Recent US Home Facts
- Population (2023): 334,914,895
- Median Households (2022): 125,736,353
- Median Household Income (2022): $75,149
- Owner-occupied Households (2022): 64.8%
Source: U.S. Census Bureau
Landlord Required Disclosures to Tenants (6)
Security Deposit Requirements
- Maximum Limit – No limit in Illinois.
- Returning – The Landlord must return the deposit within 45 days of the lease end date.
Source: § 34.03.070
Landlord Access Notices
- General Access/Legal Notice – No prior notice laws.
- Emergency – In emergencies, Landlords can enter without notice in Illinois.
Late Rent Payment Fees
Late Rent Fee – 20% of the monthly rent check amount.