Yes, a landlord can sell a house with tenants in Illinois. The sale does not terminate the lease, and the new owner must honor the existing lease terms.Selling a property with a tenant is legally permissible. Yes, it is possible to sell a property with a tenant still living there. To start selling your occupied property, fill out our form below or call us at (844) 2070788 to learn more. This involves issuing a written notice to the tenants, specifying the dates when you intend to list the property for sale and show it to prospective buyers. It is possible to sell rental property with tenants living in it in Illinois, and many properties being sold nowadays are tenantoccupied ones. There are numerous options for selling property with a tenant. It starts with addressing the lease and dealing with the tenants. The simple answer is yes, you can sell a property with a tenant still living in it.