Illinois community association law
Illinois HOA & condo statutes
Illinois's Condominium Property Act and Common Interest Community Association Act cover one of the densest urban condo markets in the US, centered on Chicago, with detailed reserve and election requirements.
Illinois requires a licensed community association manager
Unlike most states, Illinois regulates the CAM profession. Managers are credentialed by the Illinois Dept. of Financial & Professional Regulation (IDFPR) as a Community Association Manager license under 225 ILCS 427 (CAM Licensing & Disciplinary Act). Boards should confirm their manager holds a current credential.
Governing statutes
- Condominiums
Illinois Condominium Property Act
765 ILCS 605
- HOAs / POAs
Common Interest Community Association Act
765 ILCS 160
What Illinois boards are dealing with
- Reserve fund requirements and the mandatory reserve study for Chicago-area condos
- Annual meeting quorum requirements and proxy rules under the Condo Property Act
- Board election procedures and the rights of unit owners to challenge election results
- Special assessment thresholds. Illinois limits board authority for large assessments without an owner vote
Illinois has roughly 20,000+ community associations housing about 3,900,000 residents, spending an estimated $8 billion a year.Source: Foundation for Community Association Research, CAI Fact Book.
Statute references are summarized for orientation and are not legal advice. Confirm current text with the official Illinois code before relying on it. Section-by-section annotations are published per state over time.
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