HomeIllinois Closing Costs11127 S Homewood Ave
Active Listing · Chicago, IL

11127 S Homewood Ave, Chicago, IL 60643

$499,000Listing Price
🎓Julian High School · Chicago Public Schools Dist 299
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7 bd3.0 ba3,800 sqftMulti-Family2,013 sqft lot55 days on market

Estimated Closing Costs

Based on a list price of $499,000. Actual costs may vary.

Buyer Closing Costs
$6,576
(1.3%)
Seller Closing Costs
$4,604
(0.9%)
Cost ItemBuyerSeller
Transfer Tax$3,743$2,246
Recording Fees (Deed)$214
Owner's Title Insurance$2,358
Lender's Title Insurance$2,620
Total$6,576$4,604

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
Scott Siegel, Mba
Chicago Real Estate Authority
MLS (MRED) #12695582
7739681110scott@scottmsiegel.comAgent Website →

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Frequently Asked Questions

How much are closing costs for 11127 S Homewood Ave, Chicago, IL 60643?

Based on the list price of $499,000, estimated buyer closing costs for 11127 S Homewood Ave, Chicago, IL 60643 are $6,576 (1.3% of purchase price). Seller closing costs are estimated at $4,604. 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 11127 S Homewood Ave, Chicago, IL 60643 at $499,000, the combined transfer tax estimate is $5,989. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 11127 S Homewood Ave, Chicago, IL 60643, 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