HomeIllinois Closing Costs1018 S Mayfield Ave
Active Listing · Chicago, IL

1018 S Mayfield Ave, Chicago, IL 60644

$325,000Listing Price
🎓Clark Acad Prep Magnet High Schl · Chicago Public Schools Dist 299
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3 bd1.5 ba1,437 sqftSingle FamilyBuilt 192210 days on market

Estimated Closing Costs

Based on a list price of $325,000. Actual costs may vary.

Buyer Closing Costs
$4,358
(1.3%)
Seller Closing Costs
$3,473
(1.1%)
Cost ItemBuyerSeller
Transfer Tax$2,438$1,463
Recording Fees (Deed)$214
Owner's Title Insurance$2,010
Lender's Title Insurance$1,706
Total$4,358$3,473

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.

Listed By
John O'connor
Top Care Realty LLC
MLS (MRED) #12734724
7738819038joconnor1408@msn.com

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Frequently Asked Questions

How much are closing costs for 1018 S Mayfield Ave, Chicago, IL 60644?

Based on the list price of $325,000, estimated buyer closing costs for 1018 S Mayfield Ave, Chicago, IL 60644 are $4,358 (1.3% of purchase price). Seller closing costs are estimated at $3,473. These include transfer taxes, recording fees, and title insurance.

What are the transfer taxes for a home in Chicago, IL?

Transfer taxes in Chicago, IL are assessed at the state and local level. For 1018 S Mayfield Ave, Chicago, IL 60644 at $325,000, the combined transfer tax estimate is $3,901. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 1018 S Mayfield Ave, Chicago, IL 60644, 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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Illinois Closing Cost Guide