HomeIllinois Closing Costs40 E Cedar St
Active Listing · Chicago, IL

40 E Cedar St, Apt 11C, Chicago, IL 60611

$415,000Listing Price
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2 bd2.0 ba1,137 sqftCondoBuilt 19701 days on marketHOA $846/mo

Estimated Closing Costs

Based on a list price of $415,000. Actual costs may vary.

Buyer Closing Costs
$5,505
(1.3%)
Seller Closing Costs
$4,058
(1.0%)
Cost ItemBuyerSeller
Transfer Tax$3,113$1,868
Recording Fees (Deed)$214
Owner's Title Insurance$2,190
Lender's Title Insurance$2,179
Total$5,505$4,058

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
Angela Kwan
Goodland Realty Inc.
MLS (MRED) #12748504
8662803625211002.lead@cendant.leadrouter.comAgent Website →

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Frequently Asked Questions

How much are closing costs for 40 E Cedar St, Apt 11C, Chicago, IL 60611?

Based on the list price of $415,000, estimated buyer closing costs for 40 E Cedar St, Apt 11C, Chicago, IL 60611 are $5,505 (1.3% of purchase price). Seller closing costs are estimated at $4,058. 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 40 E Cedar St, Apt 11C, Chicago, IL 60611 at $415,000, the combined transfer tax estimate is $4,981. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 40 E Cedar St, Apt 11C, Chicago, IL 60611, 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