Real Estate Transfer Tax

Real Estate Transfer Tax Procedure

The Village of Niles tax on the transfer of real estate property is three dollars ($3) per one thousand dollars or fraction thereof and is to be paid by the buyer. 

The seller of the property must contact the Finance Department fourteen (14) days prior to the closing of the sale to schedule a final water meter reading and to arrange for payment of applicable fees.
A completed declaration form and a copy of the Illinois Real Estate Transfer Declaration form must accompany the tax payment. All forms must be filled out completely. 

In order to qualify for a tax-exempt stamp, include a completed declaration form, a copy of the Illinois Real Estate Transfer Declaration and an executed copy of the deed that is being filed.  There is a twenty five dollars ($25) administration fee for exempt stamps.

The transfer tax may be paid in person or through the mail. All in-person real estate transfer tax transactions must be submitted to the Finance Department window before 4:30 pm with all appropriate paperwork filled out ahead of time. All real estate transfer tax transactions conducted by mail must include all required documents and a self-addressed stamped envelope. 

The Village of Niles does not accept personal checks, business checks, realtor checks, or debit/credit cards for payment of the real estate transfer tax. Payments must be made with a cashier’s check, money order, title company check, real estate attorney firm check, or cash.

Please mail payments to:
Village of Niles Finance Department
1000 Civic Center Drive
Niles IL, 60714
A Niles resident who sold his/her principal Niles residence and who purchases a residential structure within the Village to be used as his/her principal residence shall be entitled to a rebate of two dollars ($2) per one thousand dollars ($1,000), pending approval by the Finance Director.

A copy of the Village of Niles Real Estate Transfer Declaration form and the Illinois Real Estate Transfer Declaration form are kept by the Village of Niles and the originals are given to the taxpayer to transmit to the county recorder of deeds.

Please note: Real estate transfer tax processing hours: 

Monday through Friday 8:30am - 4:30pm

Forms can be emailed to Please include address of property in subject line.

Please contact the Finance Department at (847) 588-8030 with any questions.