LicenseCompass

Real Estate Leasing Agent License in Illinois

Quick Answer

To get a real estate license in Illinois, you must complete 75 hours of pre-licensing education and pass the PSI broker exam. Illinois calls all licensees 'brokers' — the salesperson designation was eliminated in 2011. Total fees are approximately $250. The process takes 2-4 months.

Education Required
75 hours
Exam
Illinois Real Estate Broker Exam (PSI)
Total Cost
$250 (est.)
Timeline
2-4 months
Background Check
Required
Renewal
Every 2 years

Requirements

Real Estate Leasing Agent license in Illinois

gold
Education
No educational requirements
Exam
State exam required
Background Check
No criminal record prohibitions
Continuing Education
Continuing education required to maintain license
Veterans Benefits
N/A - Not displayed

Estimated Costs Est.

Application Fee
$75
Exam Fee
$55
Renewal Fee
$75
Total Estimated Cost
$250

Licensing Agency

Illinois Department of Financial and Professional Regulation

Cost Breakdown

Estimated costs for getting your Real Estate Leasing Agent license in Illinois. Values marked "Est." are extracted from official descriptions.

Enter the cost of your pre-licensing education program

$
Application FeeEst.$75
Exam FeeEst.$55
Total Estimated Cost$130

Fees marked "Est." are extracted from official descriptions and may not reflect current pricing. Verify with the Illinois licensing board.

Real Estate Leasing Agent Salary in Illinois

Entry Level

$34,340

Median

$51,210

Experienced

$85,440

Source: Bureau of Labor Statistics. Salary data is for informational purposes only.

How to Get Licensed

Step-by-step roadmap to becoming a licensed Real Estate Leasing Agent in Illinois.

  1. 1

    Complete Education Requirements

    No educational requirements

  2. 2

    Submit Background Check

    No criminal record prohibitions

  3. 3

    Pass the Required Exam

    State exam required — Illinois Real Estate Broker Exam (PSI)

  4. 4

    Submit Your Application

    File your application with the licensing agency. Application fee: ~$75.

  5. 5

    Receive Your License

    Processing typically takes 2-4 months.

Real Estate Leasing Agent Licensing in Illinois: What to Know

The COS data returned a Leasing Agent license for Illinois, which requires only 15 hours. However, Illinois' main real estate license is the 'Broker' license (replacing the old 'Salesperson' designation in 2011). The Broker license requires 75 hours of pre-licensing education. Illinois is one of the states that eliminated the 'salesperson' title entirely. The Illinois Division of Real Estate oversees licensing. Chicago dominates the state's market, but suburban and downstate markets offer opportunities as well. Post-license education of 30 hours is required within the first renewal.

Frequently Asked Questions

How much does a Real Estate Leasing Agent license cost in Illinois?
The estimated total cost is $250, including application fees, exam fees ($55), and education costs.
How long does it take to get a Real Estate Leasing Agent license in Illinois?
The process typically takes 2-4 months, depending on education completion and exam scheduling.
What exam do I need for a Real Estate Leasing Agent license in Illinois?
You need to pass the Illinois Real Estate Broker Exam (PSI). State exam required

Considering another state?

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Data from CareerOneStop (DOLETA/DEED). Last updated: February 14, 2026.