HomeIllinois Closing Costs5054 S Woodlawn Ave
Active Listing · Chicago, IL

5054 S Woodlawn Ave, Unit 3C, Chicago, IL 60615

$585,000Listing Price
🎓Kenwood Academy High School · Chicago Public Schools Dist 299
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4 bd2.5 ba3,500 sqftCondoBuilt 190811 days on marketHOA $968/mo

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
Brittany Strale
Redfin Corporation
MLS (MRED) #12741279
7086067740brittany.strale@exprealty.comAgent Website →

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Frequently Asked Questions

How much are closing costs for 5054 S Woodlawn Ave, Unit 3C, Chicago, IL 60615?

Based on the list price of $585,000, estimated buyer closing costs for 5054 S Woodlawn Ave, Unit 3C, Chicago, IL 60615 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 5054 S Woodlawn Ave, Unit 3C, Chicago, IL 60615 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 5054 S Woodlawn Ave, Unit 3C, Chicago, IL 60615, 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