Father David Ryan serves at St. Francis de Sales in Lake Zurich.
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Cardinal Blase Cupich released a letter Saturday saying there is not sufficient reason to believe the accusations and the independent review board recommended the case be closed.
The latest allegations came a year after the priest was reinstated after similar allegations were also found to be untrue.
RELATED: Saint Francis de Sales Parish pastor investigated in decades-old child sexual abuse allegations
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Saint Francis de Sales Parish pastor investigated in decades-old child sexual abuse allegations
At the time, an independent review board determined that there was "insufficient reason to suspect" Fr. Ryan had sexually abused minors 25 years earlier.
The cardinal said Father Ryan is being reinstated effective immediately.