HomeIllinois Closing Costs5218 W Galewood Ave Unit A
Active Listing · Chicago, IL

5218 W Galewood Ave Unit A, Chicago, IL 60639

$365,000Listing Price
🎓Prosser Career Academy HS · Chicago Public Schools Dist 299
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4 bd3.0 ba1,400 sqftCondoBuilt 200730 days on marketHOA $200/mo

Estimated Closing Costs

Based on a list price of $365,000. Actual costs may vary.

Buyer Closing Costs
$4,868
(1.3%)
Seller Closing Costs
$3,733
(1.0%)
Cost ItemBuyerSeller
Transfer Tax$2,738$1,643
Recording Fees (Deed)$214
Owner's Title Insurance$2,090
Lender's Title Insurance$1,916
Total$4,868$3,733

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
Jeffrey Bates
Realty of America, LLC
MLS (MRED) #12723236

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Frequently Asked Questions

How much are closing costs for 5218 W Galewood Ave Unit A, Chicago, IL 60639?

Based on the list price of $365,000, estimated buyer closing costs for 5218 W Galewood Ave Unit A, Chicago, IL 60639 are $4,868 (1.3% of purchase price). Seller closing costs are estimated at $3,733. 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 5218 W Galewood Ave Unit A, Chicago, IL 60639 at $365,000, the combined transfer tax estimate is $4,381. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 5218 W Galewood Ave Unit A, Chicago, IL 60639, 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