Unlock the secrets to a seamless Illinois rental application process with our expert guide for landlords and property managers. Shared Meter (conditional) – If a tenant must pay a portion of a master utility, the landlord must share the formula to calculate the tenant's responsibility.An Illinois lease agreement is a contract that defines the relationship between a property owner and their tenant. Use our free, customizable Illinois lease agreement template to create a legally binding contract when you lease your Property in the state of Illinois. An Illinois lease agreement is a prevalent contract performed during the transfer of rights related to a real estate property (apartment, condo, house, etc.). County offices and the Illinois Department of Revenue use this form to collect sales data and to determine if a sale can be used in assessment ratio studies. Expertly prepare a personalized Illinois Residential Lease Agreement with step-by-step instructions, expert guidelines, and professional . Tenant will pay to Landlord rent in the amount of (the "Rent"), payable in advance on the day of each month, and is delinquent on the next day. Use Form EFT-1, Authorization Agreement for Certain Electronic. All forms below with a "fillable icon" are documents that you can open "on-line", fill in the appropriate fields and then print on your printer.