Article Summary: This article will help anyone looking for information pertaining to a real estate license in the state of Illinois or anyone looking to become a real estate agent or realtor in Illinois. Contents of this article may include information on real estate education, schools, training courses, continuing education, tests and exams, laws, license requirements, renewal information, forms and more..


The Illinois Bureau of Real Estate Professions is a part of both the Division of the Illinois Professional Regulation and the Illinois Department of Financial and Professional Regulation (IDFPR).

The Bureau of Real Estate Professions administers over 90,000 licenses with regard to almost every facet of real estate in Illinois, and enforces the Illinois Real Estate License Act of 2000, landmark legislation which laid the groundwork for how real estate transactions are handled there today.  The main office of the Bureau is in Springfield, though there is a satellite office in Chicago.

The requirements for a real estate salesperson license in Illinois include being at least 21 years old and having either a high school diploma or a GED. Under certain circumstances the age requirement may be lowered to 18 years of age. The applicant needs to complete the 45-hour Real Estate Transactions course at an approved real estate school. Attorneys applying for the salesperson license need to be admitted to practice law by the Illinois Supreme Court but do not need to take a 45-hour Real Estate Transactions classroom course.  



A list of pre-licensure and post licensure schools can be found online as well as at the end of this document. The educational courses are available during the daytime, evenings or weekends.

The requirements for a real estate broker license in Illinois include being at least 21 years old, having a high school diploma or a GED, and having successfully completed 120 hours of the Real Estate Transactions courses that were not taken for the salesperson license. In addition, the broker applicant must successfully complete 75 classroom hours of broker courses at an approved school.

The classes taken are valid for three years before the examination. It is possible in some cases to replace the 120 hours of courses with having a valid Illinois real estate salesperson license. Attorneys may receive a broker's license if they are at least 21 years old and are admitted to practice law by the Illinois Supreme Court.

All licensed real estate salespersons in Illinois are required to take a minimum of 12 Continuing Education units every two years to maintain their licenses.  Brokers are required to have 18 hours of continuing education every two years to maintain their license.   A list of approved continuing education schools can be found online.

The Examination Fees are $45 for either a salesperson applicant or a broker applicant. The license fees for real estate agents are $125 for a salesperson initial license and $100 for a salesperson to renew a license. If the salesperson license has expired, the renewal fee is $150. Brokers pay $125 initial license fee and $150 for the broker renewal fee. To renew an expired broker license, the fee is $200.

Illinois has Reciprocity Agreements with ten other states, which are listed below. To obtain an Illinois salesperson license by reciprocity the applicant needs to be at least 21 years of age and a resident of the reciprocal state.

The applicant only needs to take the Illinois portion of the real estate exams. To obtain an Illinois broker license by reciprocity the applicant needs to be at least 21 years of age, have a high school diploma or GED, be a resident of the reciprocal state, and have been licensed in the reciprocal state for a minimum of two years. The applicant for the broker license by reciprocity only needs to take the Illinois portion of the real estate exams.

Real estate careers are enhanced by membership in the many organizations that provide services for the professional agent. Those holding a real estate license usually join organizations like the Illinois Association of Realtors, the National Association of Real Estate Brokers (NAREB), and the Association of Real Estate License Law Officials (ARELLO). The National Association of Realtors (NAR), the world's largest professional association, assists many in locating real estate jobs within the industry. These organizations are also excellent resources of real estate education.

Illinois Real Estate Forms

Illinois Reciprocity States

  • Colorado
  • Connecticut
  • Georgia
  • Indiana
  • Iowa
  • Kentucky
  • Nebraska
  • South Dakota
  • Wisconsin

(as of 2/23/2010)

 

Illinois Approved Real Estate Schools Prelicensing and Postlicensing Education

Community Colleges

College of DuPage
College of Lake County
Elgin Community College
Harold Washington College
Harper College
Heartland Community College
Illinois Central College
Illinois Valley Community College
John A. Logan College
John Wood Community College
Joliet Junior College
Kishwaukee College
Lewis & Clark Community College
Lincoln Land Community College
McHenry County College
Moraine Valley Community College
Northwestern College
Oakton Community College
Olive-Harvey College
Parkland College
Partners Real Estate School
Prairie State College
Rend Lake College
Richard J. Daley College
Richland Community College
Sauk Valley College
Shawnee Community College
South Suburban College
Southeastern Illinois College
Triton Community College
Truman College
Wabash Valley College
Waubonsee Community College
Wilbur Wright College
Private Schools

AHI Real Estate & Insurance Services, Inc. (Franklin Park)
American Heritage Real Estate Academy (Chicago)
American School of Real Estate Express, LLC (O' Fallon)
Career Webschool
CDL Real Estate Academy (Chicago)
Chicago Real Estate Institute (Chicago)
Coldwell Banker School of Real Estate (Northbrook)
Dabbs Academy of Real Estate, Inc. (Richton Park)
ESI Real Estate University (Chicago)
Gateway Academy of Real Estate (Edwardsville)
Illinois Academy of Real Estate (Aurora)
Illinois Association of Realtors (Springfield)
Information Professionals, Inc. (Midlothian)
Inland Real Estate School, Inc. (Oak Brook)
K R Realty & Investment, Inc. (Chicago)
Kaplan Real Estate Schools (Chicago)
Marco Polo Real Estate School (Chicago)
Market Place Real Estate Academy, Inc. (Mundelein)
McColly School of Real Estate (Scherrerville, IN)
Mel Foster School of Real Estate (Moline)
Miranda School of Real Estate, Inc. (Chicago)
National Academy of Real Estate (Springfield)
National Real Estate Schools (Chicago)
Net Real Estate School (Chicago)
New Heritage Academy (Marengo)
Northwest School of Real Estate Education (Arlington Heights)
Partners Real Estate School (Munster, IN)
Pav Real Estate School (Berwyn)
Premier Real Estate School (Rolling Meadows)
ProSchools, Inc. (Oak Brook)
Quad City Area REALTOR® Association (Bettendorf, IA)
Real Estate Education Center (Addison)
Real Estate Institute (Niles)
Real Estate Sales Academy (Oak Lawn)
Realtors Real Estate School (Chicago)
Salamanca Real Estate Academy (Chicago)
Whitehead Real Estate School
Your House Academy (Bloomingdale)

 

Last Update:  2/22/2010
This list may not include all approved schools. Please visit the IDFPR Website for the latest list of approved schools.