The 2025 security deposit interest rate has been set by the Illinois Department of Financial and Professional Regulation (IDPFR).

As noted on the Illinois Department of Financial and Professional Regulation website:

The Illinois Department of Financial and Professional Regulation, Division of Banking announced today that the interest rate paid by the largest commercial bank … Read More ›

Each year the City of Chicago Comptroller is required to review and set the rate of interest to be paid on security deposits for residential lease agreements.

As recently announced on the City of Chicago website, the rental agreement security deposit interest rate is set at 0.01% from January 1, 2025 through December 31, 2025.

Here is … Read More ›

As Illinois landlords are well-aware, each year Cook County issues an eviction moratorium over the holidays and winter months. This year is no different.

On November 22, 2024, the Presiding Judge of the Cook County Municipal Department issued his annual Order requiring a moratorium on evictions during the winter season. Per the Order, the Cook County … Read More ›

“Chicago and Illinois Landlord Legal Updates: Preparing for 2025” – KSN landlord/tenant attorney Jessica Ryan discusses important legal updates impacting Illinois landlords and rental property managers.

Topics include upcoming 2025 legal updates to evictions, leases, notices, and more. (58 mins.)



The KSN Podcast examines various aspects of association law, landlord/tenant issues, property tax appeals, and more.

In each … Read More ›