Based on a list price of $1,500,000. Actual costs may vary.
Estimates include state and local transfer taxes, county recording fees, and title insurance. Does not include lender fees, prepaid items, or agent commissions. Run the full calculator to adjust the price or see itemized details.
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Based on the list price of $1,500,000, estimated buyer closing costs for 1 E Cermak Rd, Chicago, IL 60616 are $19,339 (1.3% of purchase price). Seller closing costs are estimated at $11,110. These include transfer taxes, recording fees, and title insurance.
Transfer taxes in Chicago, IL are assessed at the state and local level. For 1 E Cermak Rd, Chicago, IL 60616 at $1,500,000, the combined transfer tax estimate is $18,000. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.
At 1 E Cermak Rd, Chicago, IL 60616, buyers typically pay recording fees and lender's title insurance. Sellers commonly pay owner's title insurance and may share transfer tax costs depending on local custom. The breakdown above shows the estimated split for this address.
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