diff --git a/src/tools/illink/eng/Version.Details.xml b/src/tools/illink/eng/Version.Details.xml
index 2db2194ac9401..c2d28d8c7e1b9 100644
--- a/src/tools/illink/eng/Version.Details.xml
+++ b/src/tools/illink/eng/Version.Details.xml
@@ -12,9 +12,9 @@
       <Uri>https://github.com/dotnet/arcade</Uri>
       <Sha>734d875ba2abfb5c8f5f52368e7d4711ee366e31</Sha>
     </Dependency>
-    <Dependency Name="Microsoft.NET.Sdk.IL" Version="7.0.0-alpha.1.21456.1">
+    <Dependency Name="Microsoft.NET.Sdk.IL" Version="7.0.0-alpha.1.21470.1">
       <Uri>https://github.com/dotnet/runtime</Uri>
-      <Sha>b7e10374429b5af32debc4660aa9bce41cfb903e</Sha>
+      <Sha>6c9921d2ad188d81af53892930a87ee5ad97c979</Sha>
       <!--
       This would introduce a cyclic dependency, so it's explictly not enabled for now
       <SourceBuild RepoName="runtime" />
diff --git a/src/tools/illink/eng/Versions.props b/src/tools/illink/eng/Versions.props
index 8207629fb21f4..8766fc8671669 100644
--- a/src/tools/illink/eng/Versions.props
+++ b/src/tools/illink/eng/Versions.props
@@ -11,7 +11,7 @@
   <PropertyGroup>
     <UsingToolMicrosoftNetCompilers>true</UsingToolMicrosoftNetCompilers>
     <!-- ilasm -->
-    <MicrosoftNETSdkILPackageVersion>7.0.0-alpha.1.21456.1</MicrosoftNETSdkILPackageVersion>
+    <MicrosoftNETSdkILPackageVersion>7.0.0-alpha.1.21470.1</MicrosoftNETSdkILPackageVersion>
     <!-- see https://github.com/dotnet/runtime/issues/1338 -->
     <MicrosoftNETCoreILAsmVersion>$(MicrosoftNETSdkILPackageVersion)</MicrosoftNETCoreILAsmVersion>
     <!-- SRM version should match the SDK version at https://github.com/dotnet/sdk/blob/master/eng/Versions.props -->
diff --git a/src/tools/illink/global.json b/src/tools/illink/global.json
index ddcf96797a3e5..1eb5c91ed3342 100644
--- a/src/tools/illink/global.json
+++ b/src/tools/illink/global.json
@@ -5,6 +5,6 @@
   "msbuild-sdks": {
     "Microsoft.DotNet.Arcade.Sdk": "7.0.0-beta.21466.4",
     "Microsoft.FIX-85B6-MERGE-9C38-CONFLICT": "1.0.0",
-    "Microsoft.NET.Sdk.IL": "7.0.0-alpha.1.21456.1"
+    "Microsoft.NET.Sdk.IL": "7.0.0-alpha.1.21470.1"
   }
 }