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100+ Free IL Real Estate Practice Questions

Pass your Illinois Real Estate Broker Exam exam on the first try with exam-style questions and AI tutor.

56% Pass Rate
100+ Questions
100% Free

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Questions by Category

Il-Re-Contracts35 questions
Il-Re-Licensing25 questions
Il-Re-Property-Tax20 questions
Il-Re-Disclosures20 questions
2026 Statistics

Key Facts: IL Real Estate Exam

56%

First-Time Pass Rate

IDFPR 2024

120 Q

Exam Questions

IDFPR/PSI

90 hrs

Pre-License Education

IDFPR

75%

Passing Score

IDFPR

$58

Exam Fee

PSI

10%/25%

Cook County Assessment

Residential/Commercial

Illinois calls all licensees 'brokers' (no salesperson license) and has a 56% first-time pass rate. The exam requires 90 hours of pre-license education, 120 questions in 3 hours, and 75% to pass. IL is unique for its attorney-closing requirement, 5 business day attorney review period, Cook County classification system (10% residential vs 25% commercial), and high Chicago transfer taxes ($7.50/$500).

About the IL Real Estate Exam

The Illinois real estate broker exam covers IDFPR licensing (IL uses 'broker' instead of 'salesperson'), the Real Estate License Act of 2000, attorney review closings, designated agency, Cook County assessment classifications, transfer taxes, and the Illinois Human Rights Act.

Questions

120 scored questions

Time Limit

3 hours

Passing Score

75%

Exam Fee

$58 (IDFPR / PSI)

IL Real Estate Exam Content Outline

25%

IDFPR & Licensing

IDFPR licensing, 90-hour pre-license, broker vs managing broker, leasing agent license

25%

IL Contracts & Agency

Attorney review (5 days), designated agency, dual agency, multi-board contracts

20%

IL Property Tax

33.33% assessment, Cook County classifications, equalization factor, transfer taxes

20%

IL Disclosures

Residential disclosure act, radon, IL Human Rights Act, environmental hazards

10%

IL Special Topics

Land trusts, judicial foreclosure, RLTO, condo 22.1 disclosure, mechanic's liens

How to Pass the IL Real Estate Exam

What You Need to Know

  • Passing score: 75%
  • Exam length: 120 questions
  • Time limit: 3 hours
  • Exam fee: $58

Keys to Passing

  • Complete 500+ practice questions
  • Score 80%+ consistently before scheduling
  • Focus on highest-weighted sections
  • Use our AI tutor for tough concepts

IL Real Estate Study Tips from Top Performers

1Know the difference: broker (standard licensee) vs managing broker (supervises office)
2Master Cook County assessment: 10% residential, 25% commercial + equalization factor
3Understand attorney review period: 5 business days, attorneys can modify/disapprove
4Learn Chicago transfer tax ($7.50/$500) vs state ($0.50/$500) vs county ($0.25/$500)
5Study land trusts — unique to IL, trustee holds title, beneficiary controls property

Frequently Asked Questions

Why does Illinois use 'broker' instead of 'salesperson'?

Illinois eliminated the salesperson license category in 2011 under the Real Estate License Act of 2000 (as amended). All licensees are now called 'brokers.' A 'managing broker' is the equivalent of what other states call a 'designated broker' — they supervise other brokers in the office.

How hard is the Illinois real estate exam?

The IL exam has a 56% first-time pass rate with 120 questions in 3 hours, requiring 75% to pass. Illinois-specific topics like the License Act of 2000, Cook County assessment system, and attorney review period are heavily tested.

What is the attorney review period in Illinois?

Illinois customarily uses a 5 business day attorney review period after contract execution. During this time, either party's attorney can modify or disapprove the contract. This is not statutory but is included in standard multi-board contract forms.

How do Cook County property taxes work?

Cook County uses a classification system: residential property is assessed at 10% of market value, commercial at 25%. An equalization factor (multiplier) adjusts for assessment level differences. Cook County also has a higher General Homestead Exemption ($10,000 vs $6,000 elsewhere in IL).

IL Real Estate Resources