Will County Illinois Tax Lien Certificates

Will County has its county seat in Joliet, and its population in 2000 was 502266. A map showing the location of all Illinois counties is available at http://quickfacts.census.gov/qfd/maps/illinois_map.html. For more information about Will County, visit the county's website at: http://www.willcountyillinois.com

Illinois Tax Lien Certificate Process

Under Illinois law, the Treasurer's Office is required to conduct two types of real estate tax sales in which delinquent property taxes are sold. The first is the Annual Tax Sale, held once a year, sometime after the second installment. If property taxes for the immediately preceding tax year are delinquent on a parcel, they are offered for sale to tax purchasers at the Annual Tax Sale. The sale might be held any time from the Fall of that year to the Spring of the following year.

The second is the biennial Scavenger Sale (conducted in odd-numbered years), which offers tax deeds on properties that have delinquencies of two or more years that were not purchased at the annual tax sales. Sales are normally conducted during the summer months. Thirty days prior to a sale, a catalog of properties is available at the County Treasurer’s Office. In most counties, the sales are conducted by Joseph E. Meyers & Associates, who acts as trustee for the county. To obtain a schedule of county tax deed sales, contact Joseph E. Meyers & Associates at (800) 248-2850.

State law requires that bidders be registered at least 10 business days prior to the start of the tax lien sale. All tax lien sales are by competitive bid, with the winning bidder accepting the lowest interest rate. At tax deed sales, the winning bidder offers the most money for the deed.

Rogue Real Estate Investor Collection contains detailed information on tax sales in all 50 states, including Illinois tax lien certificate sales.

Will County Tax Lien Certificate Sales