HomeIllinois Closing Costs431 S Dearborn St
Active Listing · Chicago, IL

431 S Dearborn St, Apt 806, Chicago, IL 60605

$340,000Listing Price
🎓Jones College Prep High School · Chicago Public Schools Dist 299
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2 bd2.0 ba1,445 sqftCondoBuilt 189671 days on marketHOA $1295/mo

Estimated Closing Costs

Based on a list price of $340,000. Actual costs may vary.

Buyer Closing Costs
$4,549
(1.3%)
Seller Closing Costs
$3,570
(1.1%)
Cost ItemBuyerSeller
Transfer Tax$2,550$1,530
Recording Fees (Deed)$214
Owner's Title Insurance$2,040
Lender's Title Insurance$1,785
Total$4,549$3,570

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
Caira Button
COMPASS
MLS (MRED) #12688628
7736986648

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Frequently Asked Questions

How much are closing costs for 431 S Dearborn St, Apt 806, Chicago, IL 60605?

Based on the list price of $340,000, estimated buyer closing costs for 431 S Dearborn St, Apt 806, Chicago, IL 60605 are $4,549 (1.3% of purchase price). Seller closing costs are estimated at $3,570. 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 431 S Dearborn St, Apt 806, Chicago, IL 60605 at $340,000, the combined transfer tax estimate is $4,080. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 431 S Dearborn St, Apt 806, Chicago, IL 60605, 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