Effective April 1st, 2011:

The Judicial Sales Corporation is changing the auction location for the following counties:

 

McHenry

390 Congress Parkway

Suite D

Crystal Lake, IL 60014

Boone

530 S. State Street (Logan Avenue entrance)

Suite 201

Belvidere, IL 61008

The auction time will remain 1pm.

Effective October 1st, 2010:

 

(735 ILCS 5/15-1507.1 new)
    (Sec. 15-1507.1. Judicial sale fee for Abandoned Residential Property Municipality Relief Fund
    (a) Upon and at the sale of residential real estate under Section 15-1507, the purchaser shall pay to the person conducting the sale pursuant to Section 15-1507 a fee for deposit into the Abandoned Residential Property Municipality Relief Fund, a special fund created in the State treasury. The fee shall be calculated at the rate of $1 for each $1,000 or fraction thereof of the amount paid by the purchaser to the person conducting the sale, as reflected in the receipt of sale issued to the purchaser, provided that in no event shall the fee exceed $300. No fee shall be paid by the mortgagee acquiring the residential real estate pursuant to its credit bid at the sale or by any mortgagee, judgment creditor, or other lienor acquiring the residential real estate whose rights in and to the residential real estate arose prior to the sale.   Upon confirmation of the sale under Section 15-1508, the person conducting the sale shall remit the fee to the clerk of the court in which the foreclosure case is pending. The clerk shall remit the fee to the State Treasurer as provided in this Section, to be expended for the purposes set forth in Section 7.31 of the Illinois Housing Development Act.