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DuPage County, IL Tax Sale Information
Tax Lien Study | May 30, 2007 8:19 PM
I've decided to research Tax Sale Information for DuPage County, IL on the their website before going there in person, and I've found that the information presented is actually very helpful as it is clear and is right to the point:
When: the tax sale is held each November. The actual sale dates and other specifics are available at 630-407-5900.
Where: in the JTK County Administration Building, 421 N. County Farm Rd., Wheaton, Illinois.
Delinquent Parcels List: a list published in local newspapers in November is not the same as the list available for purchase from DuPage County to registered investors. More information is contained on the County's tax sale list.
Registration rules: tax buyers must register at least 10 business days prior to the start of the sale. Registration forms are available in October, along with a list of requirements for buying at the tax sale.
Attendance: you must attend the sale in order to bid.
What will it cost: should you get a successful bid, your total cost will be (delinquent taxes + interest + costs of $104.00 per parcel)
Payments: to be made by cash or cashier’s check only.
Bidding: the maximum interest rate bid is 18%, the minimum is 0%.
Bidding History(!!!): "In the last several years the average successful bids ranged from 0% to 3%." (this is by far is the most important detail).
