University Park — Part XIV Title Six Housing § 1468-05

License fees

In Force
Verified 11/10/2026 · Next check 12/10/2026
University ParkBusiness License & CO

Operative Text

University Park — Part XIV Title Six Housing § 1468-05
An annual license fee shall be payable on or before February 1 of each year in the following amounts: Number of Dwelling Units in Building Annual License Fee per Building 4 to 5 $ 25.00 6 to 10 35.00 11 to 20 50.00 21 to 30 60.00 31 to 40 75.00 41 to 50 90.00 51 to 75 100.00 76 to 100 125.00 Over 100 150.00
Source: Legislative text reproduced verbatim
Plain English

University Park — Part XIV Title Six Housing § 1468-05 establishes a tiered annual license fee structure for residential buildings based on the number of dwelling units they contain. Fees range from $25 per year for buildings with 4–5 units up to $150 per year for buildings with more than 100 units. The fee is due on or before February 1 of each year, and the amount owed is determined by which unit-count tier the building falls into.

Written by anthropic/claude-sonnet-4.6 · Reviewed on November 10, 2026

Plain English — not legal advice.

For Property Managers

Under § 1468-05, compliant building operators identify which fee tier applies to their property based on total dwelling unit count and submit the corresponding annual license fee by the February 1 deadline each year. Keeping accurate records of the building's unit count helps ensure the correct tier is applied and that payment is made on time. Operators generally retain proof of payment as part of their licensing documentation.

General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.

For Tenants

Section § 1468-05 governs the annual licensing fees that landlords in University Park are required to pay to maintain a licensed rental building. While this obligation falls on the property owner rather than the tenant, a building's licensing status can be relevant to habitability and code-compliance questions. Tenants who have concerns about whether their building is properly licensed may wish to contact the local housing authority or a tenant-rights organization for general guidance on how licensing requirements intersect with tenant protections.

General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.

Generated November 10, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.

Effective Timeline

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References Out

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References In

Rules and statutes that cite this regulation

IL Muni § 1468-02
IL Muni § 1468-02
IL Muni § 1460-01
IL Muni § 1460-04
IL Muni § 1460-01
IL Muni § 1460-01
IL Muni § 1460-04
IL Muni § 1466-06
IL Muni § 1468-08
IL Muni § 1470-05
IL Muni § 1468-06
IL Muni § 1468-07
IL Muni § 1468-99
IL Muni § 1464-01
IL Muni § 1464-05
IL Muni § 1464-03
IL Muni § 1470-05
IL Muni § 1470-03

Related Rules

§ 14.571
APPLICATION FOR LICENSE
§ 14.576
LICENSE NOT TRANSFERABLE
§ 284
Owner obligations

Source Information