Free Tool
Illinois Security Deposit Calculator
Check if your security deposit complies with Illinois law. Maximum: 1.5x rent. 45-day return deadline.
$
$
Your Deposit
$2,700.00
Compliant1.5x monthly rent
Illinois Maximum
$2,700.00 (1.5x rent)
Return Deadline
45 calendar days after move-out
Illinois Security Deposit Rules
Deposit Limits
- Maximum allowed
- 1.5x rent
- At $1,800.00/mo
- $2,700.00
- Pet deposit
- Allowed
Return & Holding
- Return deadline
- 45 calendar days
- Escrow required
- No
- Interest required
- Yes
- Itemized statement
- Required
Interest requirement: Required for units in buildings with 25+ units (Chicago: all units)
Statute: 765 ILCS 710/1
Max 1.5x rent. Interest required for 25+ unit buildings. Chicago requires interest on all deposits.
View all states or try the late fee calculator.
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