HomeIllinois Closing Costs1122 W Newport Ave
Active Listing · Chicago, IL

1122 W Newport Ave, Apt 1A, Chicago, IL 60657

$599,900Listing Price
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2 bd2.0 ba1,800 sqftCondoBuilt 192226 days on marketHOA $515/mo

Estimated Closing Costs

Based on a list price of $599,900. Actual costs may vary.

Buyer Closing Costs
$7,863
(1.3%)
Seller Closing Costs
$5,260
(0.9%)
Cost ItemBuyerSeller
Transfer Tax$4,500$2,700
Recording Fees (Deed)$214
Owner's Title Insurance$2,560
Lender's Title Insurance$3,149
Total$7,863$5,260

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
Maria Wildoer
Century 21 Integra
MLS (MRED) #12728511
8477377155maria.wildoer@readvancehomes.comAgent Website →

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Frequently Asked Questions

How much are closing costs for 1122 W Newport Ave, Apt 1A, Chicago, IL 60657?

Based on the list price of $599,900, estimated buyer closing costs for 1122 W Newport Ave, Apt 1A, Chicago, IL 60657 are $7,863 (1.3% of purchase price). Seller closing costs are estimated at $5,260. 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 1122 W Newport Ave, Apt 1A, Chicago, IL 60657 at $599,900, the combined transfer tax estimate is $7,200. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 1122 W Newport Ave, Apt 1A, Chicago, IL 60657, 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