DeedPilot

Tazewell County, Illinois

Tax Lien129,821 residents

County research last verified 2026-07. Office holders, platforms, and deposit rules change — re-confirm anything time-sensitive.

Sale typestate default

Tax Lien

Redemption periodstate default

2–2.5 years depending on property type

Investor returnstate default

Up to 36% penalty per 6-month period (bid-down), 18% max per period at auction

Governing statutestate default

35 ILCS 200, Art. 21

Notes

Illinois dual track: (1) Annual tax-lien certificate sale by Tazewell County Treasurer (confirm date/packet at tazewell-il.gov/treasurer); (2) Joseph E. Meyer & Associates sealed-bid tax-deed / real-estate auctions on iltaxsale.com (county code TAZ) — recent cycles July 17, 2026, July 18, 2025, etc.; no auction scheduled immediately after July 2026 cycle at time of research. Assignable certificates also listed OTC via Meyer. Peoria MSA east (Pekin, East Peoria, Washington, Morton).

Auction logistics

Format

Sealed bid (tax-deed/trustee); annual certificate sale separate

Frequency

Tax-deed sealed bid roughly annual mid-summer (2026: July 17 completed); certificate sale timing per Treasurer

Deposit rules

Sealed-bid deeds: full payment with bid by catalog deadline (certified funds or personal check per Meyer terms). Annual lien sale: register with Treasurer and pay awarded taxes+costs same-day or per packet. Title-search promptly after award; sealed-bid contracts often allow 30-day marketable-title rescission.

Title risk

Liens that survive the sale
Certificate is lien-only until tax deed. Trustee deed sales disclaim lien warranties; federal liens can survive. Independent title required.
Quiet title
Tax deed court process after redemption; quiet title still common for insurable title.

Deal maths for Illinois

Assessment ratio
0.3333× of market value
Typical quiet title
$1,800–$5,000 · 5 mo
Recording and transfer
$350

35 ILCS 200/9-145: property outside Cook County is assessed at 33⅓% of fair cash value.

Offices and records

Areas trending up

Directional read from dated market analysis — not a guarantee, and not a substitute for your own comps.

Washington / Morton east-side suburbs

Peoria-east bedroom communities with strong school perception and SF demand

East Peoria riverfront / retail

Casino and commercial employment supporting multifamily and SF turns

Pekin county-seat core

Relative value inventory with government and industrial employment

Sources