Cicero No Longer Requires Escrow Deposits for "As Is" Transfers | Chicago Association of REALTORS®

The Town of Cicero’s Building Department announced it’ll no longer require escrow deposits for As Is Transfers. Effective May 13th, buyers will only be required to complete an As Is Application, Repair Agreement, and pay the $100 processing fee escrow deposits for As Is Transfers.

Additionally, the Repair Agreements will be available for nine months instead of six months. Due to this update, however, it’s important to know the Building Department will only grant extensions in rare instances.

The Department is confident these updates will make the entire process much quicker each season.