2010 Interest Rate for Chicago Security Deposits.

If you enter into a lease for a residence in Chicago, the Chicago Landlord Tenant Ordinance dictates what interest rate the tenant is to receive on their security deposit. The interest rate for leases entered into between January 1, 2010 and December 31, 2010 is 0.073%.

What this amounts to is if your security deposit is $1,000, then you are entitled to a whopping $0.73.