HomeIllinois Closing Costs2948 N Narragansett Ave
Active Listing · Chicago, IL

2948 N Narragansett Ave, Chicago, IL 60634

$500,000Listing Price
🎓Steinmetz College Prep HS · Chicago Public Schools Dist 299
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4 bd3.0 baLandBuilt 19223,920 sqft lot269 days on market

Estimated Closing Costs

Based on a list price of $500,000. Actual costs may vary.

Buyer Closing Costs
$6,589
(1.3%)
Seller Closing Costs
$4,610
(0.9%)
Cost ItemBuyerSeller
Transfer Tax$3,750$2,250
Recording Fees (Deed)$214
Owner's Title Insurance$2,360
Lender's Title Insurance$2,625
Total$6,589$4,610

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
Cecil Sabu
ALLURE Real Estate
MLS (MRED) #12527189
3127722820csabu@allure.realestateAgent Website →

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Frequently Asked Questions

How much are closing costs for 2948 N Narragansett Ave, Chicago, IL 60634?

Based on the list price of $500,000, estimated buyer closing costs for 2948 N Narragansett Ave, Chicago, IL 60634 are $6,589 (1.3% of purchase price). Seller closing costs are estimated at $4,610. 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 2948 N Narragansett Ave, Chicago, IL 60634 at $500,000, the combined transfer tax estimate is $6,000. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 2948 N Narragansett Ave, Chicago, IL 60634, 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