Illinois has no statewide statute capping residential rent late fees or setting a grace period. Late fees are governed by the written lease and general contract law, under which a fee must be a reasonable estimate of damages rather than a punitive penalty. Chicago and Cook County are separate, stricter regimes that cap late fees.
No Illinois statute sets a maximum or percentage limit on residential rent late fees statewide, and the Rent Control Preemption Act does not address fees. A late fee is enforceable only if it is written into the lease; if the lease is silent, no late fee may be charged. Because excessive charges can be struck down as an unenforceable penalty under contract law, a late fee should reflect a reasonable estimate of the landlord's loss. Chicago and Cook County are separate, stricter regimes: the Chicago RLTO limits late fees to $10 per month for rent up to $500, plus 5% of any amount above $500. There is no statewide grace period.
No specific statutory penalty statewide. A late fee not stated in the lease is unenforceable, and a fee a court finds punitive rather than a reasonable damages estimate may be reduced or voided. Under the Chicago RLTO, charging an above-cap fee can expose the landlord to ordinance remedies.
Other ordinances people look up for this city. Green dot = verified primary-source excerpt.
Skokie, IL
Aircraft overflight noise in Skokie is regulated by the FAA, not the Village. Skokie lies within the O'Hare International Airport noise corridor, and residen...
Skokie, IL
Skokie restricts lawn equipment use — including gas and electric leaf blowers — to 8:00 AM to 8:00 PM Monday through Saturday and 9:00 AM to 6:00 PM on Sunda...
Skokie, IL
Skokie enforces a village-wide overnight parking ban from 2:00 AM to 6:00 AM on all public streets. Residents and guests must obtain an overnight parking per...
Skokie, IL
Skokie Village Code Chapter 98 prohibits parking recreational vehicles, boats, trailers, and campers on residential streets or in front yards. RVs and boats ...
Skokie, IL
Skokie prohibits parking of commercial vehicles over 8,000 pounds gross weight on residential streets and driveways overnight. Box trucks, semi-tractors, and...
Skokie, IL
Skokie limits residential fences to 4 feet in front yards and 6 feet in side and rear yards. Corner lots have additional sight-line restrictions at intersect...
See how Skokie's late fees & grace periods rules stack up against other locations.
Help us keep this page accurate. If you notice an error or outdated information, let us know.