HomeIllinois Closing Costs654 W 31st St
Active Listing · Chicago, IL

654 W 31st St, Chicago, IL 60616

$950,000Listing Price
🎓Dunbar Vocational Career Acad HS · Chicago Public Schools Dist 299
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Land197 days on market

Estimated Closing Costs

Based on a list price of $950,000. Actual costs may vary.

Buyer Closing Costs
$12,327
(1.3%)
Seller Closing Costs
$7,535
(0.8%)
Cost ItemBuyerSeller
Transfer Tax$7,125$4,275
Recording Fees (Deed)$214
Owner's Title Insurance$3,260
Lender's Title Insurance$4,988
Total$12,327$7,535

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
Amy Duong Kim
COMPASS
MLS (MRED) #12571341
7732954387amy.duongkim@compass.comAgent Website →

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Frequently Asked Questions

How much are closing costs for 654 W 31st St, Chicago, IL 60616?

Based on the list price of $950,000, estimated buyer closing costs for 654 W 31st St, Chicago, IL 60616 are $12,327 (1.3% of purchase price). Seller closing costs are estimated at $7,535. 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 654 W 31st St, Chicago, IL 60616 at $950,000, the combined transfer tax estimate is $11,400. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 654 W 31st St, Chicago, IL 60616, 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