HomeIllinois Closing Costs1400 W Monroe St
Active Listing · Chicago, IL

1400 W Monroe St, Unit 5B, Chicago, IL 60607

$1,375,000Listing Price
🎓ACCELERATION ACADEMIES LLC · MIAMI-DADE
Run Full Calculator for This Address →
3 bd2.5 baCondoBuilt 20201 days on marketHOA $745/mo

Estimated Closing Costs

Based on a list price of $1,375,000. Actual costs may vary.

Buyer Closing Costs
$17,745
(1.3%)
Seller Closing Costs
$10,298
(0.7%)
Cost ItemBuyerSeller
Transfer Tax$10,313$6,188
Recording Fees (Deed)$214
Owner's Title Insurance$4,110
Lender's Title Insurance$7,219
Total$17,745$10,298

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
Sophie Beaudoin
Remax Top Performers
MLS (MRED) #12717934
3128259697sophie@thejaneleeteam.com

Buyer's Agents Serving This Area

Finding agents…

Loading agents…

Frequently Asked Questions

How much are closing costs for 1400 W Monroe St, Unit 5B, Chicago, IL 60607?

Based on the list price of $1,375,000, estimated buyer closing costs for 1400 W Monroe St, Unit 5B, Chicago, IL 60607 are $17,745 (1.3% of purchase price). Seller closing costs are estimated at $10,298. 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 1400 W Monroe St, Unit 5B, Chicago, IL 60607 at $1,375,000, the combined transfer tax estimate is $16,501. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 1400 W Monroe St, Unit 5B, Chicago, IL 60607, 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.

Get a Precise Estimate

Adjust the sale price, see buyer vs. seller totals, and share with your client — all free, no account needed.

Open in Calculator →
Illinois Closing Cost Guide