HomeIllinois Closing Costs5254 W Monroe St
Active Listing · Chicago, IL

5254 W Monroe St, Chicago, IL 60644

$410,000Listing Price
🎓Clark Acad Prep Magnet High Schl · Chicago Public Schools Dist 299
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3 bd1.5 ba4,092 sqftSingle Family149 days on market

Estimated Closing Costs

Based on a list price of $410,000. Actual costs may vary.

Buyer Closing Costs
$5,442
(1.3%)
Seller Closing Costs
$4,025
(1.0%)
Cost ItemBuyerSeller
Transfer Tax$3,075$1,845
Recording Fees (Deed)$214
Owner's Title Insurance$2,180
Lender's Title Insurance$2,153
Total$5,442$4,025

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
Michelle Bolden
United Real Estate - Chicago
MLS (MRED) #12592475
7737322611

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Frequently Asked Questions

How much are closing costs for 5254 W Monroe St, Chicago, IL 60644?

Based on the list price of $410,000, estimated buyer closing costs for 5254 W Monroe St, Chicago, IL 60644 are $5,442 (1.3% of purchase price). Seller closing costs are estimated at $4,025. 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 5254 W Monroe St, Chicago, IL 60644 at $410,000, the combined transfer tax estimate is $4,920. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 5254 W Monroe St, Chicago, IL 60644, 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