The Department of Buildings has finally released their security deposit interest rate summary (click here for link to direct download) for 2023 for leases governed by the Chicago Residential Landlord and Tenant Ordinance on their rental web page for security deposits (Click here for link to security deposit page with link to direct download).
The people at the Department of Housing may feel pressed to make this information available sooner. But, there is one clear way to correct this problem in the future and it is not without precedent. Continue reading