The sale of a property whose previous tenants were ejected for not paying rent .
What is a Cook County scavenger sale?
The Cook County Scavenger Sale is an auction that sells properties with three or more years of delinquent taxes. 1. Register. The Cook County Treasurer requires in-person registration, ending February 4, 2022.
How do I buy a house with delinquent taxes in Illinois?
File a petition for a tax deed.
If the redemption period expires and the owner has not paid the delinquent property taxes, start a lawsuit in the circuit court where the property is located. Ask the judge to order the county clerk to issue a tax deed in your name.
How do you purchase a tax lien?
How Can I Invest in Tax Liens? Investors can purchase property tax liens the same way actual properties can be bought and sold at auctions. The auctions are held in a physical setting or online, and investors can either bid down on the interest rate on the lien or bid up a premium they will pay for it.