Western, Illinois Delinquent Tax Sale Property


The collection of real estate taxes for properties located in Western Illinois is a major priority for the Henry County Illinois Tax Collector. Real estate taxes fund local services such as public education, police protection and medical services.

Delinquent property taxes create a serious cash-flow problem for Henry County Illinois. If Henry County Illinois is unable to collect property taxes, they are also unable to fund important government services like police protection, public schooling, and emergency medical services.

Without the tax revenue generated from real estate located in Western Illinois, Henry County Illinois would literally go bankrupt.

To solve this cash-flow problem, Henry County Illinois allows investors to come in and pay off a portion of these delinquent property taxes.

In return, Henry County Illinois gives investors Illinois tax lien certificates. A tax lien certificate is a document indicating ownership of a real estate tax lien. A tax lien is simply a claim for taxes.

A Illinois tax lien certificate transfers all the rights that come with being the owner of the real estate tax lien from Henry County Illinois to the investor.

When purchasers buy tax lien certificates in Illinois, they are paying someone else's delinquent property taxes. What's more, Illinois actually gives purchasers the right to receive all of the tax money due - including fees, interest, and/or penalties.

To encourage delinquent owners to pay their past-due property taxes, the state of Illinois charges interest on the amount paid to satisfy the delinquent taxes, which is passed directly to the tax lien certificate purchaser.

The sale of tax lien certificates is a solution to a complex problem Henry County Illinois recovers lost revenue needed to fund local services, the property owner gets more time to satisfy their delinquent property tax bill and the purchaser receives a tax lien certificate which is real estate secured and offers interest mandated by Illinois law.

For "risk-sensitive" investors Illinois tax lien certificates are an attractive alternative to traditional investments choices. With tax lien certificates, purchasers are investing their money with Henry County Illinois and when the Henry County Illinois Tax Collector collects the past due taxes, they send purchasers a check, returning what they paid to purchase the Illinois tax lien certificate plus applicable penalties, interest, and/or late fees.

Illinois tax lien certificates are attractive in several ways. First, the rise and fall of interest rates has no effect on Illinois tax lien certificates. Unlike the stock market, interest rates on Illinois tax lien certificates are mandated by Illinois law.

In addition, Illinois tax lien certificates are secured by real estate. So if purchasers do not receive what they paid to purchase the Illinois tax lien certificate plus interest and/or penalties within the law mandated redemption period, the purchaser acquires title to the property free and clear of all liens created prior to the sale.

So in review, there are generally two outcomes with the purchase of a tax lien certificate; the purchaser will either receive what was paid to satisfy the delinquent property taxes PLUS interest, or Henry County Illinois has the legal right to transfer them the property - often with no mortgage!

Once they own the property they can do whatever they like; sell it, rent it for monthly cash-flow, even move in (often with no mortgage payment).

As with any investment, there is always an element of risk. Even if the tax sale process is written into Illinois law, mandated by Illinois law, and regulated by Illinois law, there is still a chance of purchasers incurring substantial loss. It is recommended that anyone considering buying a tax lien or tax foreclosure property consult properly licensed legal and accounting professionals.

Join the Western Illinois Delinquent Tax Sale Discussion.

Below you will find a collection of the latest user questions and comments relating to Tax Lien Certificates on tax-delinquent property located in Western Illinois.

Learn about Tax Lien Certificates in other counties or municipalities located in Illinois.

The following is a list of counties located in the state of Illinois. Tax Lien Certificates for properties located in the following counties are sold at Illinois county tax sales.

Learn more about each county's individual tax sale process by clicking on the name of the county for which you are interested from the list below:

County / Municipality:  Population: 
Adams County, IL  68,277
Alexander County, IL  9,590
Bond County, IL  17,633
Boone County, IL  41,786
Brown County, IL  6,950
Bureau County, IL  35,503
Calhoun County, IL  5,084
Carroll County, IL  16,674
Cass County, IL  13,695
Champaign County, IL  179,669
Christian County, IL  35,372
Clark County, IL  17,008
Clay County, IL  14,560
Clinton County, IL  35,535
Coles County, IL  53,196
Cook County, IL  5,376,741
Crawford County, IL  20,452
Cumberland County, IL  11,253
De Witt County, IL  16,798
Dekalb County, IL  88,969
Douglas County, IL  19,922
Dupage County, IL  904,161
Edgar County, IL  19,704
Edwards County, IL  6,971
Effingham County, IL  34,264
Fayette County, IL  21,802
Ford County, IL  14,241
Franklin County, IL  39,018
Fulton County, IL  38,250
Gallatin County, IL  6,445
Greene County, IL  14,761
Grundy County, IL  37,535
Hamilton County, IL  8,621
Hancock County, IL  20,121
Hardin County, IL  4,800
Henderson County, IL  8,213
Henry County, IL  51,020
Iroquois County, IL  31,334
Jackson County, IL  59,612
Jasper County, IL  10,117
Jefferson County, IL  40,045
Jersey County, IL  21,668
Jo Daviess County, IL  22,289
Johnson County, IL  12,878
Kane County, IL  404,119
Kankakee County, IL  103,833
Kendall County, IL  54,544
Knox County, IL  55,836
Lake County, IL  644,356
Lasalle County, IL  111,509
Lawrence County, IL  15,452
Lee County, IL  36,062
Livingston County, IL  39,678
Logan County, IL  31,183
Macon County, IL  114,706
Macoupin County, IL  49,019
Madison County, IL  258,941
Marion County, IL  41,691
Marshall County, IL  13,180
Mason County, IL  16,038
Massac County, IL  15,161
Mcdonough County, IL  32,913
Mchenry County, IL  260,077
Mclean County, IL  150,433
Menard County, IL  12,486
Mercer County, IL  16,957
Monroe County, IL  27,619
Montgomery County, IL  30,652
Morgan County, IL  36,616
Moultrie County, IL  14,287
Ogle County, IL  51,032
Peoria County, IL  183,433
Perry County, IL  23,094
Piatt County, IL  16,365
Pike County, IL  17,384
Pope County, IL  4,413
Pulaski County, IL  7,348
Putnam County, IL  6,086
Randolph County, IL  33,893
Richland County, IL  16,149
Rock Island County, IL  149,374
Saline County, IL  26,733
Sangamon County, IL  188,951
Schuyler County, IL  7,189
Scott County, IL  5,537
Shelby County, IL  22,893
St. Clair County, IL  256,082
Stark County, IL  6,332
Stephenson County, IL  48,979
Tazewell County, IL  128,485
Union County, IL  18,293
Vermilion County, IL  83,919
Wabash County, IL  12,937
Warren County, IL  18,735
Washington County, IL  15,148
Wayne County, IL  17,151
White County, IL  15,371
Whiteside County, IL  60,653
Will County, IL  502,266
Williamson County, IL  61,296
Winnebago County, IL  278,418
Woodford County, IL  35,469