HomeIllinois Closing Costs1508 W Cortez St
Active Listing · Chicago, IL

1508 W Cortez St, Unit 2, Chicago, IL 60642

$424,500Listing Price
🎓Ogden Int High School · Chicago Public Schools Dist 299
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2 bd2.0 ba1,550 sqftCondoBuilt 19201 days on marketHOA $240/mo

Estimated Closing Costs

Based on a list price of $424,500. Actual costs may vary.

Buyer Closing Costs
$5,626
(1.3%)
Seller Closing Costs
$4,119
(1.0%)
Cost ItemBuyerSeller
Transfer Tax$3,184$1,910
Recording Fees (Deed)$214
Owner's Title Insurance$2,209
Lender's Title Insurance$2,229
Total$5,626$4,119

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
Dustin Queen
Real Broker, LLC
MLS (MRED) #12724673
7087981111

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Frequently Asked Questions

How much are closing costs for 1508 W Cortez St, Unit 2, Chicago, IL 60642?

Based on the list price of $424,500, estimated buyer closing costs for 1508 W Cortez St, Unit 2, Chicago, IL 60642 are $5,626 (1.3% of purchase price). Seller closing costs are estimated at $4,119. 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 1508 W Cortez St, Unit 2, Chicago, IL 60642 at $424,500, the combined transfer tax estimate is $5,094. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 1508 W Cortez St, Unit 2, Chicago, IL 60642, 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