HomeIllinois Closing Costs5235 S University Ave
Active Listing · Chicago, IL

5235 S University Ave, Chicago, IL 60615

$2,595,000Listing Price
🎓Kenwood Academy High School · Chicago Public Schools Dist 299
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7 bd6.5 ba7,000 sqftSingle FamilyBuilt 190412,301 sqft lot1 days on market

Estimated Closing Costs

Based on a list price of $2,595,000. Actual costs may vary.

Buyer Closing Costs
$33,300
(1.3%)
Seller Closing Costs
$18,228
(0.7%)
Cost ItemBuyerSeller
Transfer Tax$19,463$11,678
Recording Fees (Deed)$214
Owner's Title Insurance$6,550
Lender's Title Insurance$13,624
Total$33,300$18,228

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
Shirley Walker
Berkshire Hathaway HomeServices Chicago - Michigan Avenue Office
MLS (MRED) #12575960
3123685300swalker@bhhschicago.com

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Frequently Asked Questions

How much are closing costs for 5235 S University Ave, Chicago, IL 60615?

Based on the list price of $2,595,000, estimated buyer closing costs for 5235 S University Ave, Chicago, IL 60615 are $33,300 (1.3% of purchase price). Seller closing costs are estimated at $18,228. 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 5235 S University Ave, Chicago, IL 60615 at $2,595,000, the combined transfer tax estimate is $31,141. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 5235 S University Ave, 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