Vermilion County, Illinois
County research last verified 2026-07. Office holders, platforms, and deposit rules change — re-confirm anything time-sensitive.
Sale typestate default
Redemption periodstate default
Investor returnstate default
Governing statutestate default
Notes
Illinois tax-lien (certificate) county under 35 ILCS 200 Art. 21. Vermilion County (Danville / east-central IL on the Indiana line) Treasurer posts the annual real estate tax sale — county Treasurer page states the property tax sale will be Wednesday, November 4, 2026 (prior cycle referenced Joseph G. Cannon Building / registration via Treasurer 217-554-6080). Buyer receives a certificate of purchase, not fee title; owner redemption generally 2–2.5 years depending on property type, then judicial tax-deed petition. County was not listed on the multi-county iltaxsale.com retail portal used by many peers at research time — confirm whether Joseph E. Meyer RAMS or county-run process applies for 2026. Separate Vermilion County Trustee / surplus land auction programs are distinct from the annual certificate sale. Prefer vercounty.org Treasurer pages.
Auction logistics
Format
Frequency
Deposit rules
Title risk
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.
Regional hospital and government employment; selective rehab with higher vacancy risk on fringe blocks
Interstate access and industrial park jobs supporting workforce SF
Entry-priced SF with local employment; underwrite soft demand carefully