HomeIllinois Closing Costs1501 N State Pkwy
Active Listing · Chicago, IL

1501 N State Pkwy, Apt 12C, Chicago, IL 60610

$1,295,000Listing Price
🎓Payton College Preparatory HS · Chicago Public Schools Dist 299
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2 bd2.0 ba1,850 sqftCondoBuilt 19751 days on marketHOA $2082/mo

Estimated Closing Costs

Based on a list price of $1,295,000. Actual costs may vary.

Buyer Closing Costs
$16,725
(1.3%)
Seller Closing Costs
$9,778
(0.8%)
Cost ItemBuyerSeller
Transfer Tax$9,713$5,828
Recording Fees (Deed)$214
Owner's Title Insurance$3,950
Lender's Title Insurance$6,799
Total$16,725$9,778

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
Natasha Motev
Jameson Sotheby's International Realty
MLS (MRED) #12730093
3127510300natasha@jamesonsir.comAgent Website →

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Frequently Asked Questions

How much are closing costs for 1501 N State Pkwy, Apt 12C, Chicago, IL 60610?

Based on the list price of $1,295,000, estimated buyer closing costs for 1501 N State Pkwy, Apt 12C, Chicago, IL 60610 are $16,725 (1.3% of purchase price). Seller closing costs are estimated at $9,778. 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 1501 N State Pkwy, Apt 12C, Chicago, IL 60610 at $1,295,000, the combined transfer tax estimate is $15,541. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 1501 N State Pkwy, Apt 12C, Chicago, IL 60610, 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