Illinois Month-to-Month Lease Agreement

An Illinois month-to-month lease agreement is a legally binding document that allows for the short-term use of rental space between a landlord and a tenant. The contract renews after each payment has been made until either the landlord or tenant terminates it. The month-to-month option would be great if both parties were flexible since only a 30-day contract termination notice is needed.

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Last updated June 26th, 2024

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An Illinois month-to-month lease agreement is a legally binding document that allows for the short-term use of rental space between a landlord and a tenant. The contract renews after each payment has been made until either the landlord or tenant terminates it. The month-to-month option would be great if both parties were flexible since only a 30-day contract termination notice is needed.

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Month-to-Month Laws

Termination Notice – Landlords and tenants must each give a 30-day notice before they terminate the lease. (35 ILCS 5/9-207(b))

Increasing Rent – There are specific laws regarding raising the rent in Illinois; however, thirty days is standard. In Chicago, a landlord must notify the tenant 60 days before increasing the rent for tenants who have been leasing for six months to 3 years and 120 days for tenants who have rented the space for over three years.

Illinois Month-to-Month Lease (Preview)