HomeIllinois Closing Costs2407 S Albany Ave
Active Listing · Chicago, IL

2407 S Albany Ave, Chicago, IL 60623

$649,000Listing Price
🎓Farragut Career Academy HS · Chicago Public Schools Dist 299
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6 bd4.5 baMulti-FamilyBuilt 188810,454 sqft lot21 days on market

Estimated Closing Costs

Based on a list price of $649,000. Actual costs may vary.

Buyer Closing Costs
$8,489
(1.3%)
Seller Closing Costs
$5,579
(0.9%)
Cost ItemBuyerSeller
Transfer Tax$4,868$2,921
Recording Fees (Deed)$214
Owner's Title Insurance$2,658
Lender's Title Insurance$3,407
Total$8,489$5,579

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
Roberto Hernandez
Command Realty Group LLC
MLS (MRED) #12731845
3122667000robert.hernandez@cbrealty.com

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Frequently Asked Questions

How much are closing costs for 2407 S Albany Ave, Chicago, IL 60623?

Based on the list price of $649,000, estimated buyer closing costs for 2407 S Albany Ave, Chicago, IL 60623 are $8,489 (1.3% of purchase price). Seller closing costs are estimated at $5,579. 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 2407 S Albany Ave, Chicago, IL 60623 at $649,000, the combined transfer tax estimate is $7,789. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 2407 S Albany Ave, Chicago, IL 60623, 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