HomeIllinois Closing Costs550 W Fulton St
Active Listing · Chicago, IL

550 W Fulton St, Apt 307, Chicago, IL 60661

$399,000Listing Price
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1 bd1.5 ba900 sqftCondoBuilt 199932 days on marketHOA $501/mo

Estimated Closing Costs

Based on a list price of $399,000. Actual costs may vary.

Buyer Closing Costs
$5,301
(1.3%)
Seller Closing Costs
$3,954
(1.0%)
Cost ItemBuyerSeller
Transfer Tax$2,993$1,796
Recording Fees (Deed)$214
Owner's Title Insurance$2,158
Lender's Title Insurance$2,095
Total$5,301$3,954

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
Michael Samm
Keller Williams ONEChicago
MLS (MRED) #12710671
3127677504mike.samm@kw.comAgent Website →

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Frequently Asked Questions

How much are closing costs for 550 W Fulton St, Apt 307, Chicago, IL 60661?

Based on the list price of $399,000, estimated buyer closing costs for 550 W Fulton St, Apt 307, Chicago, IL 60661 are $5,301 (1.3% of purchase price). Seller closing costs are estimated at $3,954. 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 550 W Fulton St, Apt 307, Chicago, IL 60661 at $399,000, the combined transfer tax estimate is $4,789. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 550 W Fulton St, Apt 307, Chicago, IL 60661, 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