HomeIllinois Closing Costs1629 S Prairie Ave
Active Listing · Chicago, IL

1629 S Prairie Ave, Unit 805, Chicago, IL 60616

$695,000Listing Price
🎓Dunbar Vocational Career Acad HS · Chicago Public Schools Dist 299
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3 bd2.0 ba1,565 sqftCondoBuilt 20091 days on marketHOA $1175/mo

Estimated Closing Costs

Based on a list price of $695,000. Actual costs may vary.

Buyer Closing Costs
$9,075
(1.3%)
Seller Closing Costs
$5,878
(0.8%)
Cost ItemBuyerSeller
Transfer Tax$5,213$3,128
Recording Fees (Deed)$214
Owner's Title Insurance$2,750
Lender's Title Insurance$3,649
Total$9,075$5,878

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
Richard Mell
Baird & Warner
MLS (MRED) #12729458
7736318300rmell@cbexchange.comAgent Website →

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Frequently Asked Questions

How much are closing costs for 1629 S Prairie Ave, Unit 805, Chicago, IL 60616?

Based on the list price of $695,000, estimated buyer closing costs for 1629 S Prairie Ave, Unit 805, Chicago, IL 60616 are $9,075 (1.3% of purchase price). Seller closing costs are estimated at $5,878. 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 1629 S Prairie Ave, Unit 805, Chicago, IL 60616 at $695,000, the combined transfer tax estimate is $8,341. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 1629 S Prairie Ave, Unit 805, 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