HomeIllinois Closing Costs2912 N Commonwealth Ave
Active Listing · Chicago, IL

2912 N Commonwealth Ave, Apt 7D, Chicago, IL 60657

$525,000Listing Price
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1 bd1.0 ba1,250 sqftCondoBuilt 19291 days on marketHOA $1024/mo

Estimated Closing Costs

Based on a list price of $525,000. Actual costs may vary.

Buyer Closing Costs
$6,908
(1.3%)
Seller Closing Costs
$4,773
(0.9%)
Cost ItemBuyerSeller
Transfer Tax$3,938$2,363
Recording Fees (Deed)$214
Owner's Title Insurance$2,410
Lender's Title Insurance$2,756
Total$6,908$4,773

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
Marc R Kaufman
Baird & Warner Gold Coast
MLS (MRED) #12627770
7733013611marc.kaufman@bairdwarner.comAgent Website →

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Frequently Asked Questions

How much are closing costs for 2912 N Commonwealth Ave, Apt 7D, Chicago, IL 60657?

Based on the list price of $525,000, estimated buyer closing costs for 2912 N Commonwealth Ave, Apt 7D, Chicago, IL 60657 are $6,908 (1.3% of purchase price). Seller closing costs are estimated at $4,773. 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 2912 N Commonwealth Ave, Apt 7D, Chicago, IL 60657 at $525,000, the combined transfer tax estimate is $6,301. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 2912 N Commonwealth Ave, Apt 7D, Chicago, IL 60657, 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