HomeIllinois Closing Costs5320 S 73rd Ave
Active Listing · Summit, IL

5320 S 73rd Ave, Summit, IL 60501

$430,000Listing Price
🎓Argo Community High School · Argo CHSD 217
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5 bd2.0 baMulti-FamilyBuilt 19613,750 sqft lot1 days on market

Estimated Closing Costs

Based on a list price of $430,000. Actual costs may vary.

Buyer Closing Costs
$2,472
(0.6%)
Seller Closing Costs
$2,865
(0.7%)
Cost ItemBuyerSeller
Transfer Tax$0$645
Recording Fees (Deed)$214
Owner's Title Insurance$2,220
Lender's Title Insurance$2,258
Total$2,472$2,865

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
Yuliana Martinez
Smart Home Realty
MLS (MRED) #12716108
3127640817thomasdomasik@gmail.com

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Frequently Asked Questions

How much are closing costs for 5320 S 73rd Ave, Summit, IL 60501?

Based on the list price of $430,000, estimated buyer closing costs for 5320 S 73rd Ave, Summit, IL 60501 are $2,472 (0.6% of purchase price). Seller closing costs are estimated at $2,865. These include transfer taxes, recording fees, and title insurance.

What are the transfer taxes for a home in Summit, IL?

Transfer taxes in Summit, IL are assessed at the state and local level. For 5320 S 73rd Ave, Summit, IL 60501 at $430,000, the combined transfer tax estimate is available via the calculator. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 5320 S 73rd Ave, Summit, IL 60501, 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