Eco-conscious One and
Two Bedroom
Apartments In Downtown Champaign
One to Three Bedrooms in the Sesquicentennial Neighborhood Adjacent and just west of Downtown Champaign
With detailed information
Security Deposits
Security Deposits
This is a copy of the Illinois statute governing security deposits. Please note it is specifically for buildings with five or more units. This applies to our multi-family properties but not to our single family homes.
There actually is no Illinois statue governing security deposits and single family homes. Traditionally we do generally follow the outline of the state statue regarding deposits for our single family homes also. Items typically deducted from the security deposit are damages, cleaning, late fees, bounced check fees and other items that may have been accrued by
the tenant.