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Sealed Bid Auction
The properties for which the taxes were purchased by the Trustee and not redeemed within 2 1/2 years become deeded to the County. These properties are then offered thru a sealed bid auction, sometimes known as the Surplus Auction, held once a year.
Sealed Bids for 2022 are due by 10/28/2022. Catalogs are available in our office or online at www.iltaxsale.com
Sale Catalogs for the sealed bid auction will be available in our office or online at www.iltaxsale.com approximately 1 month before the 2022 auction. Cost is $5.
Please be sure and drive to the location of any property you are interested in, as the addresses listed in the booklet are not guaranteed. Each property should have a sign on it.
There is a minimum bid which is listed in the booklet.
The sealed bids are sent to the Trustee’s Office where they are opened. The Trustee’s Office will notify the winning bidders. The process takes approximately 1 week.
Results from the Sealed Bid Auction can be seen at http://iltaxsale.com/new/index.php/county/Bond/BON.
This program benefits all the taxpayers and taxing districts of Bond County by returning these parcels to productivity, beautification, and active status on the tax rolls.
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