Illinois closing deadline calculator
Enter the date. Get every deadline in an Illinois purchase contract.
Your timeline
Adjust deadlines
| Deadline | Days | Count | From |
|---|
How this state counts days
Holiday dates skipped
Estimates, not legal advice. Your executed contract, its addenda and state law control every deadline. Confirm each date with your agent, broker or real estate attorney.
How Illinois contract deadlines are counted
Business Days exclude weekends and federal holidays. Attorney review and inspection run 5 Business Days from the Date of Acceptance. Only closing and the Financing Contingency Date move to the next Business Day.
- Standard form
- Multi-Board Residential Real Estate Contract 8.0 (Feb 2025); some downstate boards use other forms
- Day zero
- Date of Acceptance
- Holidays used
- federal holidays
- Weekends and holidays
- Under the Multi-Board Residential Real Estate Contract 8.0, deadlines generally do not move when they land on a weekend or holiday. The exceptions: financing contingency date, closing, which move to the next business day.
- How sure we are
- Checked against the form text (version noted). Still confirm against the version you signed.
Sources
Rules checked October 2026.
Deadlines in the standard form
| Deadline | Timing | If it lands on a weekend |
|---|---|---|
| Attorney review ends5 Business Days. | 5 business days after the date of Acceptance | Business days skip weekends |
| Inspection notice due5 Business Days. | 5 business days after the date of Acceptance | Business days skip weekends |
| Evidence of homeowner’s insurability10 Business Days. | 10 business days after the date of Acceptance | Business days skip weekends |
| Financing Contingency Date45 days, or 5 Business Days before closing if earlier (enter your closing date). | 45 calendar days after the date of Acceptance | Moves to the next business day |
| ClosingThe closing date written in your contract. | A date written in the contract | Moves to the next business day |
Deadlines set by law or that run from a document
Add these in the calculator under “Add a deadline”.
| Deadline | Timing | If it lands on a weekend |
|---|---|---|
| Condo/association document review ends5 Business Days after receiving the documents. | 5 business days after receipt (enter the date) | Business days skip weekends |
| Terminate after post-contract disclosure5 Business Days after receiving the disclosure report. | 5 business days after receipt (enter the date) | Business days skip weekends |
Questions agents ask
Short answers for Illinois files. Your contract is the final word.
When does the clock start on an Illinois purchase contract?
In the Multi-Board Residential Real Estate Contract 8.0, day zero is the date of Acceptance. Counting starts the next day.
Do Illinois contract deadlines move if they land on a weekend or holiday?
Under the Multi-Board Residential Real Estate Contract 8.0, deadlines generally do not move when they land on a weekend or holiday. The exceptions: financing contingency date, closing, which move to the next business day.
Can I download the deadlines as a spreadsheet?
Yes. Download sheet gives you an Excel file that also opens in Google Sheets. The Illinois counting rules are built in as formulas, so changing the effective date or any day count recalculates every deadline. Add to calendar gives you the same dates as calendar events.
Is this calculator legal advice?
No. It estimates dates from the numbers you enter and the counting rules described on this page. Your executed contract, its addenda and Illinois law control every deadline. Confirm each date with your agent, broker or real estate attorney.
Want someone holding these Illinois dates?
A Simply Closed coordinator builds this calendar from your executed contract, checks every date against the document, and chases every party until closing.
Estimates, not legal advice. Your executed contract, its addenda and state law control every deadline. Confirm each date with your agent, broker or real estate attorney.