Real Estate Agent in Illinois

Requirements, salary data, licensing costs, and career ROI for IL. Updated with 2024 BLS OEWS wage data.

Median annual salary
$51,210
trending_down -9.1% vs. national

BLS OEWS 2024, Illinois.

engineering
4,220

Jobs (IL)

monitoring Stable
+3.1%

10-yr job growth

payments
$208

Licensing fees

schedule
3-5 months

Time to complete

route How to become a real estate agent in Illinois

To become a licensed Real Estate Broker in Illinois, individuals must complete 75 hours of IDFPR-approved pre-licensing education, which includes 60 hours of real estate topics and 15 hours of applied real estate principles. After completing the education, applicants must pass the Illinois Real Estate Broker Exam administered by PSI. Finally, candidates need to apply for their license through the Illinois Department of Financial and Professional Regulation (IDFPR), pay the $150 application fee, undergo a background check, and secure sponsorship from a managing broker. New brokers must also complete a 45-hour post-license course before their first renewal.

bar_chart Salary percentiles

10th percentile (entry) $34,340
25th percentile $40,280
50th (median) $51,210
75th percentile $65,240
90th (experienced) $85,440

Source: BLS OEWS 2024 for Illinois. Metro-area wages may differ significantly from the state aggregate.

checklist Illinois requirements

Licensing bodyIllinois Department of Financial and Professional Regulation (IDFPR)
State license Required
Education75-hour pre-licensing course
ExamIllinois Real Estate Broker Exam (PSI) ($58)
Application fee$150
RenewalEvery 2.0 years
Continuing education12.0 hours per cycle
NotesIllinois's entry-level license is called a 'Broker'. Applicants must be at least 18 years old and have a high school diploma or GED. A 45-hour post-license course is required before the first renewal. All applicants must undergo a background check and obtain sponsorship from a managing broker.

Source: Illinois Department of Financial and Professional Regulation (IDFPR)

workspace_premium Illinois license tiers

Illinois offers multiple tiers of real estate agent licensing:

Tier Hours required
Broker N/A
Managing Broker N/A

work_outline Job outlook

10-year growth
+3.1%
Average
Annual openings
36,600
Nationwide per year
Total employment
420,900
Nationwide
neurology

AI & tech impact

error High exposure 0.86/1.00

Many tasks in this career are susceptible to AI automation. Long-term career planning should account for potential disruption.

hub

balance Is it worth it?

  • check_circleIllinois license required — clearer credential signal to employers
  • warningElevated AI disruption risk
psychology
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Frequently asked questions

What's required to work as a real estate agent in Illinois? expand_more
The path to real estate agent licensure in Illinois: complete the required education (75-hour pre-licensing course), pass the Illinois Real Estate Broker Exam (PSI), and submit your application ($150 fee).
Does Illinois require real estate agent licensure? expand_more
Illinois mandates state licensure for real estate agents. Illinois Department of Financial and Professional Regulation (IDFPR) oversees the process, which includes passing the Illinois Real Estate Broker Exam (PSI).
How much does a real estate agent make in Illinois? expand_more
real estate agents in Illinois earn a median of $51,210 annually. That's 9% below the national median of $56,320. New real estate agents start around $34,340; seasoned professionals can reach $85,440.
How expensive is real estate agent licensing in Illinois? expand_more
Costs include exam fee ($58) and application fee ($150). The estimated total investment is varies, including education and training.
How many months or years does real estate agent certification take in Illinois? expand_more
The typical timeline in Illinois is 3-5 months. This includes completing education, gaining any required experience, and passing the licensing exam.
What's required to renew a real estate agent license in Illinois? expand_more
To keep your license active, Illinois mandates 12.0 CE hours every 2.0 years.

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