HomeIllinois Closing Costs1211 S Prairie Ave
Active Listing · Chicago, IL

1211 S Prairie Ave, Apt 5400, Chicago, IL 60605

$3,499,000Listing Price
🎓Jones College Prep High School · Chicago Public Schools Dist 299
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4 bd4.5 ba9,542 sqftCondoBuilt 2008322 days on market

Estimated Closing Costs

Based on a list price of $3,499,000. Actual costs may vary.

Buyer Closing Costs
$44,826
(1.3%)
Seller Closing Costs
$24,104
(0.7%)
Cost ItemBuyerSeller
Transfer Tax$26,243$15,746
Recording Fees (Deed)$214
Owner's Title Insurance$8,358
Lender's Title Insurance$18,370
Total$44,826$24,104

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
Tony Magnone
Keller Williams ONEChicago
MLS (MRED) #12498447
8184396601tony@weinbergchoi.com

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Frequently Asked Questions

How much are closing costs for 1211 S Prairie Ave, Apt 5400, Chicago, IL 60605?

Based on the list price of $3,499,000, estimated buyer closing costs for 1211 S Prairie Ave, Apt 5400, Chicago, IL 60605 are $44,826 (1.3% of purchase price). Seller closing costs are estimated at $24,104. 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 1211 S Prairie Ave, Apt 5400, Chicago, IL 60605 at $3,499,000, the combined transfer tax estimate is $41,989. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 1211 S Prairie Ave, Apt 5400, 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