HomeIllinois Closing Costs1201 S Prairie Ave
Active Listing · Chicago, IL

1201 S Prairie Ave, Apt 803, Chicago, IL 60605

$979,000Listing Price
🎓Jones College Prep High School · Chicago Public Schools Dist 299
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3 bd2.0 ba1,746 sqftCondoBuilt 200865 days on marketHOA $1380/mo

Estimated Closing Costs

Based on a list price of $979,000. Actual costs may vary.

Buyer Closing Costs
$12,696
(1.3%)
Seller Closing Costs
$7,724
(0.8%)
Cost ItemBuyerSeller
Transfer Tax$7,343$4,406
Recording Fees (Deed)$214
Owner's Title Insurance$3,318
Lender's Title Insurance$5,140
Total$12,696$7,724

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
Mariam Moeinzadeh
COMPASS
MLS (MRED) #12692848
3124488212mariam.moeinzadeh@compass.comAgent Website →

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Frequently Asked Questions

How much are closing costs for 1201 S Prairie Ave, Apt 803, Chicago, IL 60605?

Based on the list price of $979,000, estimated buyer closing costs for 1201 S Prairie Ave, Apt 803, Chicago, IL 60605 are $12,696 (1.3% of purchase price). Seller closing costs are estimated at $7,724. 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 1201 S Prairie Ave, Apt 803, Chicago, IL 60605 at $979,000, the combined transfer tax estimate is $11,749. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 1201 S Prairie Ave, Apt 803, Chicago, IL 60605, 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