HomeIllinois Closing Costs1255 S State St
Active Listing · Chicago, IL

1255 S State St, Unit 1502, Chicago, IL 60605

$345,000Listing Price
🎓Jones College Prep High School · Chicago Public Schools Dist 299
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2 bd2.0 ba1,063 sqftCondoBuilt 20101 days on marketHOA $837/mo

Estimated Closing Costs

Based on a list price of $345,000. Actual costs may vary.

Buyer Closing Costs
$4,613
(1.3%)
Seller Closing Costs
$3,603
(1.0%)
Cost ItemBuyerSeller
Transfer Tax$2,588$1,553
Recording Fees (Deed)$214
Owner's Title Insurance$2,050
Lender's Title Insurance$1,811
Total$4,613$3,603

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
Guido Piunti
@properties Gold Coast
MLS (MRED) #12747524
3129832630guido@atproperties.comAgent Website →

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Frequently Asked Questions

How much are closing costs for 1255 S State St, Unit 1502, Chicago, IL 60605?

Based on the list price of $345,000, estimated buyer closing costs for 1255 S State St, Unit 1502, Chicago, IL 60605 are $4,613 (1.3% of purchase price). Seller closing costs are estimated at $3,603. 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 1255 S State St, Unit 1502, Chicago, IL 60605 at $345,000, the combined transfer tax estimate is $4,141. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 1255 S State St, Unit 1502, 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