HomeIllinois Closing Costs5105 W School St
Active Listing · Chicago, IL

5105 W School St, Chicago, IL 60641

$624,000Listing Price
🎓Foreman High School · Chicago Public Schools Dist 299
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5 bd3.0 baMulti-FamilyBuilt 192714 days on market

Estimated Closing Costs

Based on a list price of $624,000. Actual costs may vary.

Buyer Closing Costs
$8,170
(1.3%)
Seller Closing Costs
$5,416
(0.9%)
Cost ItemBuyerSeller
Transfer Tax$4,680$2,808
Recording Fees (Deed)$214
Owner's Title Insurance$2,608
Lender's Title Insurance$3,276
Total$8,170$5,416

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
Dominic Irpino
Irpino Real Estate, Inc.
MLS (MRED) #12739226
7739651871d@irpinogroup.com

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Frequently Asked Questions

How much are closing costs for 5105 W School St, Chicago, IL 60641?

Based on the list price of $624,000, estimated buyer closing costs for 5105 W School St, Chicago, IL 60641 are $8,170 (1.3% of purchase price). Seller closing costs are estimated at $5,416. 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 5105 W School St, Chicago, IL 60641 at $624,000, the combined transfer tax estimate is $7,488. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 5105 W School St, Chicago, IL 60641, 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