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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 board website and board contact links.

Last verified: Feb 12, 2026

Application Fee

See board website

Exam Requirement

State exam required

Renewal Cycle

See board renewal rules

Licensing Blueprint for Real Estate Broker in Illinois

Estimated timeline: 6-24 months

Core Requirements

  • License Type: Stand-alone license
  • Education: No educational requirements
  • Examination: State exam required
  • Application Fee: See board website
  • Experience: No experience required
  • Background Check: No criminal record prohibitions
  • Continuing Education: Continuing education required to maintain license

Application Snapshot

  1. Licensing Authority

    Illinois Department of Financial and Professional Regulation

  2. Current Filing Fee

    See board website

  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 (4)

  1. 1. Meet Illinois eligibility requirements for Real Estate Broker licensure.
  2. 2. Complete required education: No educational requirements.
  3. 3. Pass the required examination: State exam required.
  4. 4. Submit your application to the Illinois Department of Financial and Professional Regulation.

Salary Insights in Illinois

With a median salary of 55,290, Real Estate Brokers in Illinois earn 24% below the national median of 72280. Illinois ranks #41 among 50 states. The typical licensing timeline is 6-24 months.

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: 1620 | Annual openings: null

Real Estate Broker Salary Ranking

#41 of 50 statesfor Real Estate Broker median salary
RankStateMedian Salary
#1Iowa116,920
#2Massachusetts112,180
#3New York94,170
#4New Jersey92,890
#5Connecticut90,910

Nearby States Comparison

Real Estate Broker licensing across the region
StateMedian SalaryEducationExamTimeline
Illinois$55,290No educational requirementsState exam required6-24 months
Wisconsin$63,690No educational requirementsNo exam required6-24 months
Iowa$116,920Specific course requiredThird-party exam required6-24 months
Missouri$58,690Varies by state boardState-approved exam6-24 months
Kentucky$64,210Varies by state boardState-approved exam6-24 months
Indiana$76,330No educational requirementsState exam required6-24 months

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.

Official Licensing Agency

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 requirements6-24 months
Certified Public Accountant$79,300Degree required6-24 months
Civil Engineer$97,640No educational requirements6-24 months
Financial Advisor$104,310Varies by state board6-24 months

FAQ

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

Most applicants finish the licensing path in about 6-24 months, 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 35950 (10th percentile) to 133340 (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 72280, with a state median of 55,290.

How many Real Estate Brokers work in Illinois?

Illinois employs approximately 1620 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.

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/.