HomeIllinois Closing Costs3154 S May St
Active Listing · Chicago, IL

3154 S May St, Chicago, IL 60608

$755,000Listing Price
🎓Cook Co Juvenile Det -York Alt HS · Chicago Public Schools Dist 299
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8 bd4.0 baMulti-FamilyBuilt 18852,614 sqft lot31 days on market

Estimated Closing Costs

Based on a list price of $755,000. Actual costs may vary.

Buyer Closing Costs
$9,840
(1.3%)
Seller Closing Costs
$6,268
(0.8%)
Cost ItemBuyerSeller
Transfer Tax$5,663$3,398
Recording Fees (Deed)$214
Owner's Title Insurance$2,870
Lender's Title Insurance$3,964
Total$9,840$6,268

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
Qiankun Chen
Kale Realty
MLS (MRED) #12723420
3125154617

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Frequently Asked Questions

How much are closing costs for 3154 S May St, Chicago, IL 60608?

Based on the list price of $755,000, estimated buyer closing costs for 3154 S May St, Chicago, IL 60608 are $9,840 (1.3% of purchase price). Seller closing costs are estimated at $6,268. 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 3154 S May St, Chicago, IL 60608 at $755,000, the combined transfer tax estimate is $9,061. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 3154 S May St, Chicago, IL 60608, 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