(817) 778-9532

FOR ILLINOIS RESIDENTS

Own Mineral Rights in Another State?

We help Illinois residents sell inherited mineral rights in Texas, Oklahoma, New Mexico, and other states. No travel required.

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A Common Situation for Illinois Residents

Illinois has deep historical ties to the oil-producing states of the Midwest and South. During the Dust Bowl era, many Oklahoma and Kansas families relocated to Illinois for industrial jobs in Chicago and other cities, while retaining their mineral rights back home. Generations later, these mineral interests have passed to heirs who may have never set foot in Oklahoma or Texas.

If you're an Illinois resident who inherited mineral rights in another state, you're not alone. Managing these assets from Chicago or elsewhere in Illinois can be frustrating:

Confusing royalty statements you don't understand

Division orders and lease documents that need signatures

Operators you've never heard of sending mail

Small monthly checks that barely seem worth the hassle

Filing tax returns in multiple states

If any of this sounds familiar, you have options. Many Illinois residents choose to sell their out-of-state mineral rights for a lump sum—converting a confusing, distant asset into immediate cash.

Where Are Your Minerals Located?

We buy mineral rights in all major oil and gas producing states. Select your state for specific information:

Don't see your state? Contact us—we buy mineral rights in all producing states.

Why Illinois Residents Sell Their Mineral Rights

Distance & Complexity

Remote management: Hard to manage an asset you've never seen

Unfamiliar operators: Don't know who's drilling or why

Complex paperwork: Division orders, lease amendments, title issues

Estate Simplification

Easier division: Cash divides more cleanly than fractional minerals

Avoid complications: Out-of-state assets complicate probate

Protect heirs: Don't burden children with distant assets

Tax Considerations

Illinois income tax: Royalties taxed at IL flat rate plus other states

Multi-state filings: Eliminate annual filings in other states

Simpler accounting: One-time sale vs. ongoing income tracking

Financial Goals

Immediate cash: Fund home improvements, education, medical expenses

Diversify: Move from single asset to diversified investments

Eliminate risk: No more worrying about production declines

The Midwest-Oklahoma Connection

Illinois has a unique connection to Oklahoma mineral rights. During the Dust Bowl of the 1930s, thousands of Oklahoma families migrated to the industrial Midwest seeking work in Chicago's factories, steel mills, and meatpacking plants. Many kept their family land and mineral rights back in Oklahoma, passing them down through generations.

Today, Illinois residents are often surprised to discover they've inherited mineral rights in Oklahoma from great-grandparents they never knew. If you're one of them, you're part of a historical migration pattern that left mineral ownership scattered across family lines.

How It Works (Without Leaving Illinois)

1
Submit Info

Tell us about your minerals online or by phone

2
Get Valuation

We research and provide a written offer

3
Sign Locally

Documents notarized at any Illinois notary

4
Get Paid

Receive funds via wire or certified check

Typical timeline: Most transactions close within 30-45 days from accepted offer to payment. We handle all title work, document preparation, and filing—you just sign and receive payment.

Questions We Hear from Illinois Residents

Check for royalty checks (even small ones), division orders, lease agreements, or correspondence from oil companies in your mail or among inherited documents. You can also search county records where family members owned property. If you inherited an estate, mineral rights may have been mentioned in the will or probate documents.
Often, yes. Even small royalty interests can have significant sale value because buyers consider future production potential, not just current payments. A $50/month royalty might sell for $10,000-$20,000 or more depending on the location and remaining reserves. We'll provide a free valuation so you know your options.
No. The entire transaction can be completed from Illinois. We send documents to you, you sign them before a local Illinois notary (UPS Store, bank, or mobile notary), and mail them back. We handle everything else, including recording the deed in the appropriate county.
Each heir can sell their individual interest independently—you don't need all heirs to agree. If you want to sell and others don't, you can sell just your share. We frequently work with families where some members sell and others keep their interest.
Illinois has a flat income tax rate that applies to capital gains from mineral sales. If you're also paying tax in the state where the minerals are located, Illinois typically provides a credit for taxes paid to other states to avoid double taxation. You'll also report the sale on your federal return. Consult a tax professional for your specific situation.

Ready to Explore Your Options?

Get a free, no-obligation valuation of your out-of-state mineral rights. We'll research your property and provide a written offer within days.

Get Your Free Valuation

Or call us at (817) 778-9532

Illinois Quick Facts

Chicago metro: 9.5M+ people

12.5M+ state residents

Dust Bowl migration ties

Own oil production history

Related Resources

Mineral Rights for Beginners

How to Sell Mineral Rights

Inherited Minerals Guide

Sell Without a Broker

Mineral Rights Glossary

Ready to Sell?

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