HomeIllinois Closing Costs1500 W Monroe St
Active Listing · Chicago, IL

1500 W Monroe St, Unit 205, Chicago, IL 60607

$319,000Listing Price
🎓ACCELERATION ACADEMIES LLC · MIAMI-DADE
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2 bd1.5 ba1,000 sqftCondoBuilt 200172 days on marketHOA $570/mo

Estimated Closing Costs

Based on a list price of $319,000. Actual costs may vary.

Buyer Closing Costs
$4,281
(1.3%)
Seller Closing Costs
$3,434
(1.1%)
Cost ItemBuyerSeller
Transfer Tax$2,393$1,436
Recording Fees (Deed)$214
Owner's Title Insurance$1,998
Lender's Title Insurance$1,675
Total$4,281$3,434

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
Stacey Cortez
Best Chicago Properties
MLS (MRED) #12687255
3122130440stacey@bestchicagoproperties.com

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Frequently Asked Questions

How much are closing costs for 1500 W Monroe St, Unit 205, Chicago, IL 60607?

Based on the list price of $319,000, estimated buyer closing costs for 1500 W Monroe St, Unit 205, Chicago, IL 60607 are $4,281 (1.3% of purchase price). Seller closing costs are estimated at $3,434. 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 1500 W Monroe St, Unit 205, Chicago, IL 60607 at $319,000, the combined transfer tax estimate is $3,829. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 1500 W Monroe St, Unit 205, 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.

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Illinois Closing Cost Guide