HomeIllinois Closing Costs5012 N Tripp Ave
Active Listing · Chicago, IL

5012 N Tripp Ave, Chicago, IL 60630

$585,000Listing Price
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5 bd3.5 ba2,026 sqftSingle FamilyBuilt 19461 days on market

Estimated Closing Costs

Based on a list price of $585,000. Actual costs may vary.

Buyer Closing Costs
$7,673
(1.3%)
Seller Closing Costs
$5,163
(0.9%)
Cost ItemBuyerSeller
Transfer Tax$4,388$2,633
Recording Fees (Deed)$214
Owner's Title Insurance$2,530
Lender's Title Insurance$3,071
Total$7,673$5,163

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
Victoria Unger
Century 21 Langos & Christian
MLS (MRED) #12720720
8475611155victoriaungerc21@gmail.comAgent Website →

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Frequently Asked Questions

How much are closing costs for 5012 N Tripp Ave, Chicago, IL 60630?

Based on the list price of $585,000, estimated buyer closing costs for 5012 N Tripp Ave, Chicago, IL 60630 are $7,673 (1.3% of purchase price). Seller closing costs are estimated at $5,163. 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 5012 N Tripp Ave, Chicago, IL 60630 at $585,000, the combined transfer tax estimate is $7,021. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 5012 N Tripp Ave, Chicago, IL 60630, 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