HomeIllinois Closing Costs3231 N Octavia Ave
Active Listing · Chicago, IL

3231 N Octavia Ave, Chicago, IL 60634

$1,200,000Listing Price
🎓Steinmetz College Prep HS · Chicago Public Schools Dist 299
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6 bd3.5 ba4,000 sqftSingle FamilyBuilt 20074,375 sqft lot325 days on market

Estimated Closing Costs

Based on a list price of $1,200,000. Actual costs may vary.

Buyer Closing Costs
$15,514
(1.3%)
Seller Closing Costs
$9,160
(0.8%)
Cost ItemBuyerSeller
Transfer Tax$9,000$5,400
Recording Fees (Deed)$214
Owner's Title Insurance$3,760
Lender's Title Insurance$6,300
Total$15,514$9,160

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
Vince Dinh
HomeSmart Connect LLC- Edison Parl
MLS (MRED) #12493815
7733487873gotchasheltered@gmail.comAgent Website →

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Frequently Asked Questions

How much are closing costs for 3231 N Octavia Ave, Chicago, IL 60634?

Based on the list price of $1,200,000, estimated buyer closing costs for 3231 N Octavia Ave, Chicago, IL 60634 are $15,514 (1.3% of purchase price). Seller closing costs are estimated at $9,160. 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 3231 N Octavia Ave, Chicago, IL 60634 at $1,200,000, the combined transfer tax estimate is $14,400. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 3231 N Octavia 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