Illinois Standard Residential Lease Agreement

An Illinois standard residential lease agreement is a year-long contract that outlines the rights and responsibilities of a landlord and tenant. It becomes a legally binding agreement when both parties have signed. Before occupancy is granted, the landlord commonly requires the tenant to pay the security deposit and first month’s rent.

Create Document
Fill Now
Adobe PDF icon Adobe PDF
Microsoft Word icon Microsoft Word
OpenDocument icon OpenDocument

Last updated March 2nd, 2026

Document Preview

An Illinois standard residential lease agreement is a year-long contract that outlines the rights and responsibilities of a landlord and tenant. It becomes a legally binding agreement when both parties have signed. Before occupancy is granted, the landlord commonly requires the tenant to pay the security deposit and first month’s rent.

579 views
Create Document
  1. Home »
  2. Lease Agreements »
  3. Illinois »
  4. Standard

Disclosures 

Carbon Monoxide Detectors – Landlords must provide information on carbon monoxide in the lease and provide detectors within 15 feet of where tenants sleep. (Illinois Public Act 094-0741)

Concession Granted (conditional) – If there is an incentive to reduce rent or fees to sign or renew the lease, the landlord must disclose the concession on the lease agreement. (765 ILCS 730/2)

Lead-Based Paint Disclosure – Information and pamphlets on the dangers of hazardous paint materials in properties built before 1978 must be provided by landlords to the tenants.

Radon Hazard – The landlord must give applicants a copy of the Illinois Emergency Management Agency pamphlet, any reports of harmful radon levels, and the Disclosure of Information on Radon Hazards. (420 ILCS 46/26)

Shared Meter – The landlord must include written information on how common meters are billed to the tenants. (765 ILCS 740/5)

Smoke Detectors – Landlords must provide working smoke detectors on every floor of the rental premises, excluding unoccupied attics. (425 ILCS 60(3))

Rent Grace Period

There is 5-day grace period in Illinois.

Security Deposit

Maximum Amount – There is no maximum amount that a landlord can charge in Illinois.

Returning – The landlord must return the security deposit, with interest, within 30 days. (765 ILCS 710/1)

  • Deductions – If the landlord withholds funds for damages or cleaning, they must provide an itemized list. (765 ILCS 710/1a)
  • Tenant Doesn’t Forward New Address – The landlord can give it to the tenant via personal delivery, to the tenant’s last known address, or by email if the tenant provides it on their lease.
  • (765 ILCS 710/1a)