Each year the Sangamon County Treasurer’s Office in conjunction with the Sangamon County Clerk’s Office conducts a sale of tax lien certificates. Delinquent real estate taxes in the form of a tax lien certificate are sold by the County to recover unpaid taxes. For more information, contact the County Treasurer’s office at 217-753-6800.
DATE OF SALE:
The date of the 2012 tax sale is November 8, 2013.
TIME AND LOCATION OF SALE:
The sale will commence at 9:00 a.m. in the Sangamon County Board Room, Room 201, Sangamon County Complex, 200 So. 9th St, Springfield, IL.
COST TO PARTICIPATE IN THE SALE:
A $200 deposit is required per buyer participating in the sale. The deposit will be returned upon participation in the tax sale. Buyers registering but not participating in the sale will forefeit their deposit A list of parcels with delinquent taxes may be purchased up to several weeks before the sale for $200. The following fees are in effect and will be collected on each parcel in the sale in addition to the delinquent taxes, accrued interest, and cost: $20.00 Indemnity Fee; $10.00 Advertising Fee; $4.00 Clerk Fee; $10.00 Treasurer’s Automation Fee; and $60.00 Sale in Error Interest Fund Fee.
REGISTRATION REQUIREMENTS:
The following are mandatory requirements to participate in the tax sale:
A letter of registration must be received in the Treasurer’s Office at least ten (10) days prior to the day of the tax sale. The deadline for the 2012 sale is October 28, 2013.
A signed blank check made payable to the “ County Collector” must be submitted and received by the County Treasurer no latter than 8:45 on the day of the sale.
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A check for $200 per buyer made out to County Collector. The check will be returned to the buyer if they participate in the sale, Buyer's who fail to attend the sale will forefeit their depost.
DELINQUENT TAX LIST:
This list is available upon request around the first part of October. The current fee is $200.00 plus a $15.00 mailing fee (if applicable). This fee is subject to change and payment must be made in advance. Contact the County Treasurer’s office for more information.
BIDDING PROCESS:
The range of acceptable bids is from a minimum of 0% up to and including a maximum of 18% as per Illinois State Statutes. Sangamon County is currently evaluating the RAMS electronic bid system in anticipation of implementing RAMS at the 2012 tax sale. Buyers submitting the lowest bid the quickest wll be determined by the RAMS system. A tax lien certificate is issued per parcel.
ADDITIONAL INFORMATION:
Please click the following to get a PDF of the document,
Condition of Participation in Annual Tax Sale
Letter of Registration in Annual Tax Sale
Results 2006-2010 Based on Number of Parcels Sold
Results 2006-2011 Based on Dollars of Parcels Sold
Results of 2006-2011 Change From Year to Year
Payment Listings for Tax Buyers:
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