Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  SPECTRUM EQUITY INVESTORS IV LP
2. Date of Event Requiring Statement (Month/Day/Year)
07/21/2005
3. Issuer Name and Ticker or Trading Symbol
Consolidated Communications Illinois Holdings, Inc. [CNSL]
(Last)
(First)
(Middle)
ONE INTERNATIONAL PLACE, SUITE 29TH FLOOR
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
07/21/2005
(Street)

BOSTON, MA 02110
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 6,814,745 (1)
D
 
Common Stock 750,016 (1)
I
See Footnotes (1) (2) (3) (4) (5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SPECTRUM EQUITY INVESTORS IV LP
ONE INTERNATIONAL PLACE
SUITE 29TH FLOOR
BOSTON, MA 02110
  X   X    
Spectrum IV Investment Managers Fund, L.P.
ONE INTERNATIONAL PLACE
SUITE 29TH FLOOR
BOSTON, MA 02110
    X    
SPECTRUM EQUITY INVESTORS PARALLEL IV LP
ONE INTERNATIONAL PLACE
SUITE 29TH FLOOR
BOSTON, MA 02110
    X    
SPECTRUM EQUITY INVESTORS III L P
ONE INTERNATIONAL PLACE
SUITE 29TH FLOOR
BOSTON, MA 02110
    X    
SEI III ENTREPRENEURS FUND L P
ONE INTERNATIONAL PLACE
SUITE 29TH FLOOR
BOSTON, MA 02110
    X    
SPECTRUM III INVESTMENT MANAGERS FUND LP
ONE INTERNATIONAL PLACE
SUITE 29TH FLOOR
BOSTON, MA 02110
    X    
Spectrum Equity Associates IV L P
ONE INTERNATIONAL PLACE
SUITE 29TH FLOOR
BOSTON, MA 02110
    X    
Spectrum Equity Associates III L P
ONE INTERNATIONAL PLACE
SUITE 29TH FLOOR
BOSTON, MA 02110
    X    
SEI Entrepreneurs Fund LLC
ONE INTERNATIONAL PLACE
SUITE 29TH FLOOR
BOSTON, MA 02110
    X    
MARONI KEVIN J
C/O SPECTRUM EQUITY INVESTORS
ONE INTERNATIONAL PLACE, 29TH FLOOR
BOSTON, MA 02110
    X    

Signatures

James N. Pepin, Power of Attorney 07/22/2005
**Signature of Reporting Person Date

James N. Pepin, Power of Attorney 07/21/2005
**Signature of Reporting Person Date

James N. Pepin, Power of Attorney 07/21/2005
**Signature of Reporting Person Date

James N. Pepin, Power of Attorney 07/21/2005
**Signature of Reporting Person Date

James N. Pepin, Power of Attorney 07/21/2005
**Signature of Reporting Person Date

James N. Pepin, Power of Attorney 07/21/2005
**Signature of Reporting Person Date

James N. Pepin, Power of Attorney 07/21/2005
**Signature of Reporting Person Date

James N. Pepin, Power of Attorney 07/21/2005
**Signature of Reporting Person Date

James N. Pepin, Power of Attorney 07/21/2005
**Signature of Reporting Person Date

James N. Pepin, Power of Attorney 07/21/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Shares acquired pursuant to a reorganization as described in the Issuer's registration statement on Form S-1 (Registration No. 333-121086).
(2) Represents 6,814,745 shares of Common Stock held by Spectrum Equity Investors IV, L.P. ("SEI4"); 81,153 shares of Common Stock held by Spectrum IV Investment Managers? Fund, L.P. ("SIM4"); 40,230 shares of Common Stock held by Spectrum Equity Investors Parallel IV, L.P. ("SEIP4"); 603,487 shares of Common Stock held by Spectrum Equity Investors III, L.P. ("SEI3"); 18,859 shares of Common Stock held by SEI III Entrepreneurs? Fund L.P. ("SEI3E"); and 6,287 shares of Common Stock held by Spectrum III Investment Managers? Fund L.P. ("SIM3"). Spectrum Equity Associates IV, L.P. ("SEA4") is the sole general partner of SEI4 and SEIP4. Spectrum Equity Associates III, L.P. ("SEA3") is the sole general partner of SEI3. SEI III Entrepreneurs LLC ("SEI3LLC") is the sole general partner of SEI3E.
(3) Because these funds ultimately are under common management that shares the power to direct the voting and disposition of the shares, each of these entities may be deemed to share beneficial ownership of the shares owned by the others. Each of these entities disclaims this beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purpose of Section 16 or for any other purpose, except to the extent of its pecuniary interest therein.
(4) Because decisions by each of the entities serving as the ultimate general partners of the individual funds in question are made by majority vote of either four or seven partners or members, as the case may be, no individual partner of SEA4, SIM4, SEA3 or SIM3, and no individual member of SEI3LLC, has the power alone to direct the voting or disposition of the shares, and no such individual has the power to prevent the voting or disposition of such shares over his objection.
(5) Kevin J. Maroni is a director of the Issuer and a general partner or managing member of, and holds a minority interest in, the funds of Spectrum Equity Investors IV, L.P. and its affiliates ("Spectrum Equity") that own shares of the Issuer?s Common Stock. As a result, Mr. Maroni may be deemed to share beneficial ownership of the shares of Common Stock owned by Spectrum Equity. Mr. Maroni disclaims beneficial ownership of such shares, and this report shall not be deemed an admission that Mr. Maroni is the beneficial owner of the securities for purpose of Section 16 or for any other purpose, except to the extent of his pecuniary interest therein. Mr. Maroni beneficially owns no shares directly. Mr. Maroni will resign on the closing date of the issuer's initial public offering and thereby cease being a reporting person.

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