HomeIllinois Closing Costs111 W Elm St
Active Listing · Chicago, IL

111 W Elm St, Chicago, IL 60610

$1,400,000Listing Price
🎓Payton College Preparatory HS · Chicago Public Schools Dist 299
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4 bd3.5 ba2,951 sqftSingle FamilyBuilt 18971,344 sqft lot1 days on market

Estimated Closing Costs

Based on a list price of $1,400,000. Actual costs may vary.

Buyer Closing Costs
$18,064
(1.3%)
Seller Closing Costs
$10,460
(0.7%)
Cost ItemBuyerSeller
Transfer Tax$10,500$6,300
Recording Fees (Deed)$214
Owner's Title Insurance$4,160
Lender's Title Insurance$7,350
Total$18,064$10,460

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
Jeremy Wallace
Volta Investments LLC
MLS (MRED) #12705648
8156001588jeremy@investvolta.com

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Frequently Asked Questions

How much are closing costs for 111 W Elm St, Chicago, IL 60610?

Based on the list price of $1,400,000, estimated buyer closing costs for 111 W Elm St, Chicago, IL 60610 are $18,064 (1.3% of purchase price). Seller closing costs are estimated at $10,460. 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 111 W Elm St, Chicago, IL 60610 at $1,400,000, the combined transfer tax estimate is $16,800. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 111 W Elm St, Chicago, IL 60610, 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