HomeIllinois Closing Costs319 N Lotus Ave
Active Listing · Chicago, IL

319 N Lotus Ave, Chicago, IL 60644

$360,000Listing Price
🎓Clark Acad Prep Magnet High Schl · Chicago Public Schools Dist 299
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7 bd2.0 baMulti-FamilyBuilt 18985,227 sqft lot15 days on market

Estimated Closing Costs

Based on a list price of $360,000. Actual costs may vary.

Buyer Closing Costs
$4,804
(1.3%)
Seller Closing Costs
$3,700
(1.0%)
Cost ItemBuyerSeller
Transfer Tax$2,700$1,620
Recording Fees (Deed)$214
Owner's Title Insurance$2,080
Lender's Title Insurance$1,890
Total$4,804$3,700

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
Michael Olszewski
AREA WIDE REALTY
MLS (MRED) #12738629
7086563333msolszewsk@aol.com

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Frequently Asked Questions

How much are closing costs for 319 N Lotus Ave, Chicago, IL 60644?

Based on the list price of $360,000, estimated buyer closing costs for 319 N Lotus Ave, Chicago, IL 60644 are $4,804 (1.3% of purchase price). Seller closing costs are estimated at $3,700. 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 319 N Lotus Ave, Chicago, IL 60644 at $360,000, the combined transfer tax estimate is $4,320. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 319 N Lotus Ave, Chicago, IL 60644, 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