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Illinois Real Estate Q&A Discussion Forum
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Updated about 3 years ago, 10/22/2021

User Stats

204
Posts
148
Votes
Sean McKee
  • Rental Property Investor
  • Chicago, IL
148
Votes |
204
Posts

Illinois Eviction Ban ending August

Sean McKee
  • Rental Property Investor
  • Chicago, IL
Posted

Hello BP!

I have a few questions for my Illinois landlords and anybody else who might have some input.

Gov. Pritzker announced last month that the moratorium will end by August in Illinois.  This has been long overdue and it certainly bitter sweet considering Illinois moved to Phase 5 on June 11th.  I've been researching almost daily if they are any new details regarding how it will be phased out.  Has anyone heard anything?  All I've been able to find is that evictions will be sealed between March 2020 till August 2022.

The sealing of evictions records is incredibly unfair to both current and future landlords.  I've been fortunate not to have the crazy losses some landlords have faced, and have only recently faced difficulties. I had a tenant that stopped paying rent in May.  Since eviction records are going to be sealed, I have decided to go the collections route and report to the credit bureau.  Normally I would consider this a waste of time, but it is hard for me stomach that there will be nothing on their records as they have been particularly bad.  I would like future landlords to have some kind of warning signs.  Is this a route you might consider? 

Lastly, how are you gearing up legally?  What advice do you have for making sure your in the best position possible to limit future losses?  I've already gotten a hold of my attorney to try and position myself to move as quickly as possible once the eviction ban is lifted.

Thanks!

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