HomeIllinois Closing Costs4938 W 116th St
Active Listing · Alsip, IL

4938 W 116th St, Alsip, IL 60803

$529,500Listing Price
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3 bd4.0 ba3,500 sqftSingle FamilyBuilt 20157,884 sqft lot23 days on market

Estimated Closing Costs

Based on a list price of $529,500. Actual costs may vary.

Buyer Closing Costs
$2,994
(0.6%)
Seller Closing Costs
$3,213
(0.6%)
Cost ItemBuyerSeller
Transfer Tax$0$794
Recording Fees (Deed)$214
Owner's Title Insurance$2,419
Lender's Title Insurance$2,780
Total$2,994$3,213

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
Dan Auskalnis
Village Realty Shoppe
MLS (MRED) #12727175
7087171401dan.auskalnis@gmail.comAgent Website →

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Frequently Asked Questions

How much are closing costs for 4938 W 116th St, Alsip, IL 60803?

Based on the list price of $529,500, estimated buyer closing costs for 4938 W 116th St, Alsip, IL 60803 are $2,994 (0.6% of purchase price). Seller closing costs are estimated at $3,213. These include transfer taxes, recording fees, and title insurance.

What are the transfer taxes for a home in Alsip, IL?

Transfer taxes in Alsip, IL are assessed at the state and local level. For 4938 W 116th St, Alsip, IL 60803 at $529,500, the combined transfer tax estimate is available via the calculator. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 4938 W 116th St, Alsip, IL 60803, 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