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Real Estate Broker Licensing in Illinois

Review current requirements, exam details, renewal cycle, and salary outlook for real estate broker in Illinois, including See agency and board contact links.

Last verified: Feb 17, 2026

Current

Application Fee

See agency

Exam Requirement

State exam required

Renewal Cycle

See board renewal rules

Licensing Blueprint for Real Estate Broker in Illinois

Estimated timeline: Varies by board

Core Requirements

  1. 1

    Education: No educational requirements.

  2. 2

    Experience: No experience required.

  3. 3

    Background/Criminal Review: No criminal record prohibitions.

  4. 4

    Physical Requirement: No physical requirements.

  5. 5

    License Type: Stand-alone license.

Exam and processing details

  • State exam required

Continuing education and program notes

  • Continuing education required to maintain license

Application Snapshot

  1. Licensing Authority

    Illinois Department of Financial and Professional Regulation

  2. Current Filing Fee

    See agency

  3. Renewal Cycle

    See board renewal rules

  4. Salary Position

    $55,290 median (24% below national)

  5. State Salary Rank

    #41 of 50 states

Step-by-Step Process (7)

  1. 1. Meet Illinois eligibility requirements for Real Estate Broker licensure.
  2. 2. Complete required education or training: No educational requirements.
  3. 3. Document required supervised experience: No experience required.
  4. 4. Pass required examination steps: State exam required.
  5. 5. Prepare supporting documentation (background check: No criminal record prohibitions; Background/Criminal Review: No criminal record prohibitions.).
  6. 6. Submit the application to Illinois Department of Financial and Professional Regulation and monitor board communications.
  7. 7. Maintain post-licensure compliance (continuing education: Continuing education required to maintain license).

Salary Insights in Illinois

With a median salary of $55,290, Real Estate Brokers in Illinois earn 24% below the national median of $72,280. Illinois ranks #41 among 50 states. The typical licensing timeline is Varies by board.

State Hiring Climate (QCEW)

Rising

QoQ Employment Change

+2.1%

Average Weekly Wage

$1,451

Median annual salary

$55,290

Hourly estimate

$26.58
24% below national median

Difference: -$16,990

Percentile Distribution

Annual compensation
  • P1010th percentile$35,950
  • P2525th percentile$49,280
  • P50Median$55,290
  • P7575th percentile$102,570
  • P9090th percentile$133,340

State vs National Median

State: $55,290
National: $72,280

Total employment: 1,620 | Annual openings: N/A

Real Estate Broker Salary Ranking

#41 of 50 statesfor Real Estate Broker median salary
RankStateMedian Salary
#1Iowa$116,920
#2Massachusetts$112,180
#3New York$94,170
#4New Jersey$92,890
#5Connecticut$90,910

Nearby States Comparison

Real Estate Broker licensing across the region
StateMedian SalaryEducationExamTimeline
Illinois$55,290No educational requirementsState exam requiredVaries by board
Wisconsin$63,690No educational requirementsNo exam required5 years
Iowa$116,920Specific course requiredThird-party exam requiredVaries by board
Missouri$58,690Varies by state boardState-approved exam18 years
Kentucky$64,210Varies by state boardState-approved examVaries by board
Indiana$76,330No educational requirementsState exam required18 years

License by Endorsement

Transfer requirements are state-specific. Use this quick matrix as a planning signal, then verify final endorsement rules with each board.

StateReciprocity ScoreTierNotes
Illinois50LowState-specific exam conditions may apply. Documented experience may be required.
Wisconsin54LowState-specific exam conditions may apply. Documented experience may be required.
Iowa50LowState-specific exam conditions may apply. Documented experience may be required.
Missouri78HighBoard-specific review required.
Kentucky78HighBoard-specific review required.
Indiana54LowState-specific exam conditions may apply. Documented experience may be required.
  • License status indicator: Active.
  • Continuing education indicator: Continuing education required to maintain license.
  • Reciprocity and transfer rules vary by state board. Verify directly with the agency.

Official Licensing Agency

Official website verified

Illinois Department of Financial and Professional Regulation

320 West Washington, Springfield, IL, 62786

Phone: 2177828556

Related Careers in Illinois

ProfessionMedian SalaryEducationTimeline
Architect$79,320No educational requirementsVaries by board
Audio and Video Technicians$55,030Specific course requiredVaries by board
Certified Public Accountant$79,300Degree requiredVaries by board
Civil Engineer$97,640No educational requirementsVaries by board

FAQ

How long does it take to become a Real Estate Broker in Illinois?

Most applicants finish the licensing path in about Varies by board, but timing can change based on education track, exam scheduling, and board processing.

What exams are required for Real Estate Brokers in Illinois?

Illinois lists State exam required as part of the licensure process for Real Estate Brokers.

What education do you need to become a Real Estate Broker in Illinois?

The board typically expects No educational requirements for Real Estate Broker licensure in Illinois.

What is the typical Real Estate Broker salary in Illinois?

The median annual salary for Real Estate Brokers in Illinois is $55,290. Salaries range from $35,950 (10th percentile) to $133,340 (90th percentile).

How does the Real Estate Broker salary in Illinois compare to the national average?

Real Estate Brokers in Illinois earn 24% below the national median of $72,280, with a state median of $55,290.

How many Real Estate Brokers work in Illinois?

Illinois employs approximately 1,620 Real Estate Brokers according to BLS data.

Can I transfer my Real Estate Broker license to Illinois from another state?

Transfer requirements vary by board. License status indicator: Active. Continuing education indicator: Continuing education required to maintain license. Reciprocity and transfer rules vary by state board. Verify directly with the agency.

Who is the licensing agency for Real Estate Brokers in Illinois?

The licensing agency is Illinois Department of Financial and Professional Regulation. Review agency details at https://www.idfpr.com/.

How often do you renew a Real Estate Broker license in Illinois?

Current guidance indicates a renewal cycle of See board renewal rules.