Tax Lien · IL

Cook County, IL

9.0% statutory

Tax Lien · 87 parcels · IL

Illinois liens are sold at penalty-rate auctions with a 2.5-year redemption window. Cook County covers Chicago and is among the deepest lien markets in the country.

9.0%
Statutory rate: 30 mo
Max term: 15x
Collateral coverage: $400,000
Face value

$96,000 funded24% of $400,000

How returns work

When a property owner redeems, they pay back taxes plus the statutory rate, distributed pro-rata to certificate holders in USDC. If the lien is not redeemed within the term, the pool forecloses and proceeds from the property sale are distributed to holders.