HomeIllinois Closing Costs118 E Erie St
Active Listing · Chicago, IL

118 E Erie St, Unit 23D, Chicago, IL 60611

$879,000Listing Price
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1 bd1.5 ba1,423 sqftCondoBuilt 20121 days on marketHOA $2133/mo

Estimated Closing Costs

Based on a list price of $879,000. Actual costs may vary.

Buyer Closing Costs
$11,421
(1.3%)
Seller Closing Costs
$7,074
(0.8%)
Cost ItemBuyerSeller
Transfer Tax$6,593$3,956
Recording Fees (Deed)$214
Owner's Title Insurance$3,118
Lender's Title Insurance$4,615
Total$11,421$7,074

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
Tanya Hamilton
Jameson Sotheby's International Realty
MLS (MRED) #12710016
7732947183thamilton@jamesonsir.com

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Frequently Asked Questions

How much are closing costs for 118 E Erie St, Unit 23D, Chicago, IL 60611?

Based on the list price of $879,000, estimated buyer closing costs for 118 E Erie St, Unit 23D, Chicago, IL 60611 are $11,421 (1.3% of purchase price). Seller closing costs are estimated at $7,074. 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 118 E Erie St, Unit 23D, Chicago, IL 60611 at $879,000, the combined transfer tax estimate is $10,549. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 118 E Erie St, Unit 23D, Chicago, IL 60611, 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