HomeIllinois Closing Costs1220 Lake St
Active Listing · Libertyville, IL

1220 Lake St, Libertyville, IL 60048

$2,050,000Listing Price
🎓Libertyville High School · CHSD 128
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5 bd6.0 ba6,545 sqftSingle FamilyBuilt 198833,715 sqft lot15 days on market

Estimated Closing Costs

Based on the list price of $2,050,000. Actual costs may vary. Listing data last observed September 11, 2026.

Buyer Closing Costs
$10,863
(0.5%)
Seller Closing Costs
$7,510
(0.4%)
Cost ItemBuyerSeller
Transfer Tax$0$2,050
Recording Fees (Deed)$100
Owner's Title Insurance$5,460
Lender's Title Insurance$10,763
Total$10,863$7,510

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
Lisa Wolf
Keller Williams North Shore West
MLS (MRED) #12744591
2246275600lisa@listwithlisa.comAgent Website →

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Frequently Asked Questions

How much are closing costs for 1220 Lake St, Libertyville, IL 60048?

Based on the list price of $2,050,000, estimated buyer closing costs for 1220 Lake St, Libertyville, IL 60048 are $10,863 (0.5% of purchase price). Seller closing costs are estimated at $7,510. These include transfer taxes, recording fees, and title insurance.

What are the transfer taxes for a home in Libertyville, IL?

Transfer taxes in Libertyville, IL are assessed at the state and local level. For 1220 Lake St, Libertyville, IL 60048 at $2,050,000, the combined transfer tax estimate is available via the calculator. Rates vary by jurisdiction — the MyClosingCost.com engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 1220 Lake St, Libertyville, IL 60048, 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