Illinois Compiled Statutes
770 ILCS 60/20 (2026)
Upon all sales under this Act the right of redemption shall exist in favor of the same persons, and may be made in the same manner as is or may be provided for redemption of real estate from sales under judgments for the payment of money
✓ current as of May 2026
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(770 ILCS 60/20)
(from Ch. 82, par. 20)
Sec. 20.
Upon all sales under this Act the right of redemption shall exist
in favor of the same persons, and may be made in the same manner as is or
may be provided for redemption of real estate from sales under judgments
for the payment of money.
(Source: P.A. 81-251.)
Notes of Decisions
Cited in 2
cases (1 in the last 5 years), 2020–2025 · leading case: M&J Asphalt Paving Co., Inc. v. First Midwest Bank, 2025 IL App (1st) 240589-U (Ill. App. Ct. 2025).
M&J Asphalt Paving Co., Inc. v. First Midwest Bank, 2025 IL App (1st) 240589-U (Ill. App. Ct. 2025). “The order then inexplicably noted that the period of redemption would expire three months after the entry of the foreclosure judgement, instead of six months after the judicial sale, as is required for a claim brought under the Mechanics Lien Act (see 770 ILCS 60/20, 735 ILCS…”
Robinson Heating & Cooling, Inc. v. Reilly, 2020 IL App (2d) 190589-U (Ill. App. Ct. 2020). “¶ 20 Section 20 of the Act (770 ILCS 60/20 (West 2018)), as well as section 12-122 of the Code (735 ILCS 5/12-122 (West 2018)), address the right of redemption.”
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