HomeIllinois Closing Costs611 S Wells St
Active Listing · Chicago, IL

611 S Wells St, Apt 2504, Chicago, IL 60607

$383,000Listing Price
🎓ACCELERATION ACADEMIES LLC · MIAMI-DADE
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1 bd2.0 ba1,002 sqftCondoBuilt 2008121 days on marketHOA $743/mo

Estimated Closing Costs

Based on a list price of $383,000. Actual costs may vary.

Buyer Closing Costs
$5,097
(1.3%)
Seller Closing Costs
$3,850
(1.0%)
Cost ItemBuyerSeller
Transfer Tax$2,873$1,724
Recording Fees (Deed)$214
Owner's Title Insurance$2,126
Lender's Title Insurance$2,011
Total$5,097$3,850

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
Xia Xu
Land Fairy Realty Corp.
MLS (MRED) #12638856
3126945039

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Frequently Asked Questions

How much are closing costs for 611 S Wells St, Apt 2504, Chicago, IL 60607?

Based on the list price of $383,000, estimated buyer closing costs for 611 S Wells St, Apt 2504, Chicago, IL 60607 are $5,097 (1.3% of purchase price). Seller closing costs are estimated at $3,850. 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 611 S Wells St, Apt 2504, Chicago, IL 60607 at $383,000, the combined transfer tax estimate is $4,597. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 611 S Wells St, Apt 2504, Chicago, IL 60607, 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