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Illinois Real Estate License Requirements – Complete 2025 Guide

Getting your Illinois real estate license, known as a Broker license for entry-level agents, requires completing 75 hours of state-approved education and passing the official exam. The entire process typically takes five to nine weeks, depending on your study schedule. This guide provides everything you need to know to become a licensed real estate Broker in Illinois.

Quick Illinois License Facts

Requirement

Details

Education Hours

75 hours (One primary program)

Estimated Timeline

5-9 weeks, varies by study schedule

Age Requirement

18+ years old

Background Check

Not required for application

Exam Format

Computer-based, multiple-choice

Official Body

Illinois Department of Financial and Professional Regulation (IDFPR)

Disclaimer: Always verify current requirements with the Illinois Department of Financial and Professional Regulation (IDFPR).

How to Get Your Illinois Real Estate License in 4 Steps

Step 1: Complete 75 Hours of Pre-License Education

Illinois requires aspiring brokers to complete a 75-hour pre-licensing program from a state-approved education provider.

  • Required Course: 75-Hour Broker Pre-License Program
  • Study Schedule Considerations: The time to complete your education depends on your available study hours per week and learning pace. Some students complete the program in a few weeks with intensive study, while others prefer a more gradual approach over several months.

Step 2: Pass the Illinois Real Estate Exam

After successfully completing your coursework, you must pass the Illinois Real Estate Broker Exam. The exam is administered by PSI.

  • Format: Computer-based test
  • Passing Score: You must achieve a score of 75% or higher to pass.
  • Exam Topics Include:
  • Illinois real estate license law
  • Agency relationships and disclosures
  • Contracts and real property law
  • Property valuation and financing
  • Fair housing and consumer protection

Always check with the IDFPR and PSI for the most current exam details, fees, and scheduling information.

Step 3: Find a Sponsoring Broker

Before you can apply for your license, you must be sponsored by a licensed Illinois Managing Broker.

  • Sponsorship: Your sponsoring broker is essential as they must supervise your work and will be part of your license application process.

Step 4: Submit Your License Application

Once you have passed the exam and secured a sponsor, you can apply for your license online.

  • Application: Your sponsoring broker will assist you in completing the online application through the IDFPR portal.
  • Fees: Pay the required license application fee.
  • Criminal History: While a formal background check is not part of the initial application, you will be asked about your criminal history, which is reviewed on a case-by-case basis.

Illinois Real Estate License Costs

The total cost to get your license in Illinois can vary, but here is a general breakdown of expenses.

Expense Category

Estimated Cost Range

Notes

Pre-License Education

$250 – $450

Varies by school and package (online vs. in-person).

State License Fee

~$125

Set by the Illinois IDFPR.

Exam Fee

~$58

Paid to the testing vendor (PSI).

Total Estimated Cost

$433 – $633

Does not include optional materials or post-license costs.

Note: These are estimates. Always check the official IDFPR and PSI websites for the most current fee schedules.

Ongoing Costs to Consider:

  • License Renewal: Your license must be renewed every two years.
  • Continuing Education: Required for every renewal cycle.
  • MLS Fees: Varies by local board/association.
  • Errors & Omissions (E&O) Insurance: Often required by your broker.
  • Professional Association Dues: Fees for joining local, state, and national Realtor® associations.
Illinois Real Estate License Cost Breakdown

Estimated Initial Licensing Costs in Illinois

A visual breakdown of typical startup expenses for an Illinois Broker license.

Disclaimer: These figures are estimates for 2025 and can vary significantly based on the school chosen and optional materials purchased. Always check official sources for the most current fees.

Illinois Real Estate Schools

When selecting a real estate school, consider factors like learning format, support services, pricing, and student reviews. Here are some well-known state-approved providers:

  • The CE Shop
  • Benefits: Offers a 40% military discount and reports high pass rates.
  • Website: theceshop.com
  • Colibri Real Estate
  • Benefits: Features a “Pass or Don’t Pay” guarantee and offers interactive courses.
  • Website: colibrirealestate.com
  • Kaplan
  • Benefits: A GI Bill approved provider offering live online and on-demand formats.
  • Website: kapre.com

School Selection Tips:

  • Compare current pricing and package options.
  • Read recent student reviews and success rates.
  • Consider your preferred learning style.
  • Check for money-back guarantees or pass guarantees.
  • Verify military discounts if applicable.
  • Ensure the school is approved by the Illinois IDFPR.

Contact schools directly for current pricing, promotions, and specific features.

Illinois Real Estate Exam Preparation

Study Strategies for Success

  • Set a consistent study schedule based on your availability.
  • Focus on understanding concepts, not just memorization.
  • Take practice exams to identify weak areas.
  • Review Illinois-specific laws and regulations thoroughly.
  • Allow adequate time for exam preparation after completing courses.

Key Areas to Master

  • Real estate math and calculations.
  • Agency relationships and fiduciary duties.
  • Illinois disclosure requirements.
  • Contract law and purchase agreements.
  • Fair housing regulations.
  • Property valuation methods.

Common Study Mistakes to Avoid

  • Rushing through course material.
  • Skipping practice exams.
  • Insufficient focus on Illinois-specific content.
  • Poor time management during the actual exam.
  • Not reading questions completely.

Success Timeline by Professional Background

Different professional backgrounds may influence your licensing timeline and approach:

  • Sales Professionals: Potential advantages: Strong communication skills, understanding of commission-based income, experience with client relationships.
  • Teachers and Educators: Potential advantages: Strong study habits, excellent presentation skills, patience with detailed processes.
  • Military and Veterans: Potential advantages: Discipline, reliability, understanding of relocation, potential access to education benefits.
  • Career Changers: Considerations: May need more time for industry concepts, but transferable skills and a fresh perspective are valuable.

Individual results vary regardless of background. Success depends on dedication, study habits, and commitment to learning.

Success Timeline by Professional Background

Different professional backgrounds may influence your licensing timeline and approach:

  • Sales Professionals: Potential advantages: Strong communication skills, understanding of commission-based income, experience with client relationships.
  • Teachers and Educators: Potential advantages: Strong study habits, excellent presentation skills, patience with detailed processes.
  • Military and Veterans: Potential advantages: Discipline, reliability, understanding of relocation, potential access to education benefits.
  • Career Changers: Considerations: May need more time for industry concepts, but transferable skills and a fresh perspective are valuable.

Individual results vary regardless of background. Success depends on dedication, study habits, and commitment to learning.

Illinois Real Estate Market Context

Market Characteristics

Illinois’s real estate market includes:

  • The massive, diverse metropolitan market of Chicago.
  • Numerous suburban communities with strong school districts.
  • Rural and agricultural properties in the central and southern parts of the state.
  • A mix of historic architecture and modern new construction.

Opportunities for New Agents

Potential specialization areas include:

  • First-time home buyers in Chicago neighborhoods
  • Suburban family homes
  • Commercial real estate and leasing
  • Investment properties and multi-unit buildings
  • Corporate relocations

Market conditions change regularly. Stay informed through local MLS data, market reports, and industry publications.

Illinois-Specific Legal Requirements

Disclosure

Illinois has specific residential real property disclosure requirements that agents must understand to protect their clients and themselves.

Criminal History

While there is no upfront background check, the IDFPR will inquire about your criminal history on the application. Convictions are reviewed on a case-by-case basis to determine eligibility.

Disclosure requirements and other state laws are complex. Proper training and broker guidance are essential.

Getting Started – Action Steps

  • Immediate Next Steps: Research schools, verify IDFPR requirements, and enroll in your course.
  • During Your Education: Stay engaged, use school support, and start networking.
  • Preparing for Career Launch: Research brokerages, consider your target market, and prepare for interviews.

Continuing Education and License Renewal

Renewal Requirements

Illinois Broker licenses must be renewed every two years with 45 hours of continuing education.

Check the IDFPR website for current continuing education requirements and topics.

Professional Development

Consider ongoing education in market specializations, technology, and legal updates to stay competitive.

Official Resources and Support

  • Illinois Department of Financial and Professional Regulation (IDFPR): The official source for all licensing rules and applications (idfpr.illinois.gov/profs/realestate.asp).
  • PSI: The official vendor for scheduling and taking the state exam.
  • Illinois REALTORS®: The state’s largest professional association for real estate agents, offering resources, education, and advocacy.

Disclaimers

  • Accuracy Notice: This guide is for informational purposes. All requirements, fees, and timelines are subject to change. Always verify information with the official Illinois Department of Financial and Professional Regulation.
  • No Legal Advice: This content is not legal or financial advice.
  • School Information: School offerings, prices, and promotions change. Contact schools directly for the most current details.

This guide was last updated in July 2025. For a personalized plan based on your background and goals, use the AI Real Estate Career Planner tool.