HomeIllinois Closing Costs1059 N Lorel Ave
Active Listing · Chicago, IL

1059 N Lorel Ave, Chicago, IL 60651

$489,900Listing Price
🎓YCCS West · Chicago Public Schools Dist 299
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5 bd3.5 ba3,523 sqftSingle FamilyBuilt 19141 days on market

Estimated Closing Costs

Based on a list price of $489,900. Actual costs may vary.

Buyer Closing Costs
$6,461
(1.3%)
Seller Closing Costs
$4,545
(0.9%)
Cost ItemBuyerSeller
Transfer Tax$3,675$2,205
Recording Fees (Deed)$214
Owner's Title Insurance$2,340
Lender's Title Insurance$2,572
Total$6,461$4,545

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
Roberto Wilczynski
Luna Realty Group
MLS (MRED) #12746383
3128484550rob@24hourschicago.com

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Frequently Asked Questions

How much are closing costs for 1059 N Lorel Ave, Chicago, IL 60651?

Based on the list price of $489,900, estimated buyer closing costs for 1059 N Lorel Ave, Chicago, IL 60651 are $6,461 (1.3% of purchase price). Seller closing costs are estimated at $4,545. 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 1059 N Lorel Ave, Chicago, IL 60651 at $489,900, the combined transfer tax estimate is $5,880. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 1059 N Lorel Ave, Chicago, IL 60651, 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