8,256 government-owned homes and lots listed by 4 Illinois land banks, from $350 — off-market inventory that never reaches Zillow, updated daily on LandBankSearch.
Inventory updated October 3, 2026
6,208 listings · priced on application
City of Chicago (ChiBlockBuilder) property list →1,104 listings · priced on application
Peoria Land Bank property list →933 listings from $350
Cook County (Chicago) property list →11 listings from $50,000
Kankakee County Land Bank property list →Of the 187 priced Illinois land bank listings, here’s how many fall in each budget. Most are vacant lots or homes that need renovation, and prices refresh daily.
Counts are live listings we track. Browse the national land bank directory.
Land bank purchases are application-based, not offer-based: pick a property from the official list, read that land bank’s program rules (owner-occupant priority, investor policies, renovation requirements), and apply with proof of funds. Title is typically cleared before resale. The process runs weeks to a few months — paperwork, not bidding wars. Our step-by-step buying guide covers every stage.
Every Illinois land bank sets its own eligibility, application, and post-purchase rules. Here are the ones we’ve read from each official program page — always confirm the current terms with the land bank before you apply.
Summarized from the official program page ↗ · verified July 2026 · always confirm current rules before applying
Summarized from the official program page ↗ · verified July 2026 · always confirm current rules before applying
Summarized from the official program page ↗ · verified July 2026 · always confirm current rules before applying
The purchase process typically runs thirty to forty-five days.
Summarized from the official program page ↗ · verified July 2026 · always confirm current rules before applying
For state specifics — programs, pricing, and which land banks matter — read How to buy land bank property in Illinois →
8,256 land bank properties are currently listed across the 4 Illinois land banks we track, with asking prices from $350. Inventory changes monthly; this page refreshes from official sources nightly.
Each Illinois land bank runs its own process, but most purchases start with an application to the land bank rather than an offer through an agent: pick a property from its list, show proof of funds (and usually a renovation plan for structures), and close directly with the land bank. Many prioritize owner-occupants.
Land banks aren't brokers and don't list on the MLS, which is where Zillow and Redfin get their data. Each land bank publishes inventory on its own website — LandBankSearch aggregates those official lists into one searchable map.