HomeIllinois Closing Costs421 W Melrose St
Active Listing · Chicago, IL

421 W Melrose St, Apt 18BC, Chicago, IL 60657

$1,650,000Listing Price
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4 bd4.5 ba4,500 sqftCondoBuilt 192995 days on market

Estimated Closing Costs

Based on a list price of $1,650,000. Actual costs may vary.

Buyer Closing Costs
$21,252
(1.3%)
Seller Closing Costs
$12,085
(0.7%)
Cost ItemBuyerSeller
Transfer Tax$12,375$7,425
Recording Fees (Deed)$214
Owner's Title Insurance$4,660
Lender's Title Insurance$8,663
Total$21,252$12,085

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
Jeff Lowe
COMPASS
MLS (MRED) #12664065
3128833030jeff@lowegroupchicago.comAgent Website →

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Frequently Asked Questions

How much are closing costs for 421 W Melrose St, Apt 18BC, Chicago, IL 60657?

Based on the list price of $1,650,000, estimated buyer closing costs for 421 W Melrose St, Apt 18BC, Chicago, IL 60657 are $21,252 (1.3% of purchase price). Seller closing costs are estimated at $12,085. 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 421 W Melrose St, Apt 18BC, Chicago, IL 60657 at $1,650,000, the combined transfer tax estimate is $19,800. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 421 W Melrose St, Apt 18BC, Chicago, IL 60657, 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