HomeIllinois Closing Costs1600 S Prairie Ave
Active Listing · Chicago, IL

1600 S Prairie Ave, Unit 1006, Chicago, IL 60616

$319,900Listing Price
🎓Dunbar Vocational Career Acad HS · Chicago Public Schools Dist 299
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1 bd1.5 ba940 sqftCondoBuilt 20061 days on marketHOA $446/mo

Estimated Closing Costs

Based on a list price of $319,900. Actual costs may vary.

Buyer Closing Costs
$4,293
(1.3%)
Seller Closing Costs
$3,440
(1.1%)
Cost ItemBuyerSeller
Transfer Tax$2,400$1,440
Recording Fees (Deed)$214
Owner's Title Insurance$2,000
Lender's Title Insurance$1,679
Total$4,293$3,440

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
Denise Amraen
Berkshire Hathaway HomeServices Chicago
MLS (MRED) #12717793
7733398591bhhskoenigrubloff@broker1suite.comAgent Website →

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Frequently Asked Questions

How much are closing costs for 1600 S Prairie Ave, Unit 1006, Chicago, IL 60616?

Based on the list price of $319,900, estimated buyer closing costs for 1600 S Prairie Ave, Unit 1006, Chicago, IL 60616 are $4,293 (1.3% of purchase price). Seller closing costs are estimated at $3,440. 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 1600 S Prairie Ave, Unit 1006, Chicago, IL 60616 at $319,900, the combined transfer tax estimate is $3,840. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 1600 S Prairie Ave, Unit 1006, Chicago, IL 60616, 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