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Illinois · Deposit receipt · Free to generate and download

Illinois Security Deposit Receipt

Record that a security deposit was received on a Illinois rental. Unused deposit is generally due within 45 days (765 ILCS 710/1). This receipt is not the itemized accounting due at move-out.

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Frequently asked questions

Plain-language answers about Illinois deposit receipt papers. LeaseGen.io is not a law firm. Confirm current statutes before anyone signs.

What is a security deposit receipt in Illinois?
It records that deposit money was received, the amount, and the property. Illinois does not set a statewide maximum security deposit. Unused deposit plus an itemized list is generally due within 45 days (765 ILCS 710/1). Landlords with 25 or more units generally owe interest (765 ILCS 715). Chicago’s RLTO adds a 1.5× cap and a different clock.
Is the receipt the move-out accounting?
No. At move-out you still owe an itemized list of deductions and any refund within 45 days, to the extent Illinois law requires.
What is the deposit cap in Illinois?
No statutory cap