Illinois Code § 765 ILCS 330/5a

If by reason of a possibility of reverter created more than 40
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Sec. 5a. 

If by reason of a possibility of reverter created more than 40
years prior to the effective date of this amendatory Act, a reverter has
come into existence prior to the time of the effective date of this
amendatory Act, no person shall commence an action for the recovery of the
land or any part thereof based upon such possibility of reverter, after one
year from the effective date of this amendatory Act.

 
If by reason of a breach of condition subsequent created more than 40
years prior to the effective date of this amendatory Act, a right of
re-entry has come into existence prior to the time of the effective date of
this amendatory Act, no person shall commence an action for the recovery of
the land or any part thereof based upon such right of entry or re-entry
after one year from the effective date of this amendatory Act, unless entry
or re-entry has been actually made to enforce said right before the
expiration of such year.

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