HomeIllinois Closing Costs7010 S Wabash Ave
Active Listing · Chicago, IL

7010 S Wabash Ave, Chicago, IL 60637

$385,000Listing Price
🎓Hyde Park Academy High School · Chicago Public Schools Dist 299
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6 bd3.0 baMulti-FamilyBuilt 19265,314,320 sqft lot95 days on market

Estimated Closing Costs

Based on a list price of $385,000. Actual costs may vary.

Buyer Closing Costs
$5,123
(1.3%)
Seller Closing Costs
$3,863
(1.0%)
Cost ItemBuyerSeller
Transfer Tax$2,888$1,733
Recording Fees (Deed)$214
Owner's Title Insurance$2,130
Lender's Title Insurance$2,021
Total$5,123$3,863

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
Tammy Jackson
KM Realty Group, LLC
MLS (MRED) #12663067
3122830794info@kmrealtygroup.netAgent Website →

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Frequently Asked Questions

How much are closing costs for 7010 S Wabash Ave, Chicago, IL 60637?

Based on the list price of $385,000, estimated buyer closing costs for 7010 S Wabash Ave, Chicago, IL 60637 are $5,123 (1.3% of purchase price). Seller closing costs are estimated at $3,863. 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 7010 S Wabash Ave, Chicago, IL 60637 at $385,000, the combined transfer tax estimate is $4,621. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 7010 S Wabash Ave, Chicago, IL 60637, 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