HomeIllinois Closing Costs708 S Ada St
Active Listing · Chicago, IL

708 S Ada St, Chicago, IL 60607

$1,099,000Listing Price
🎓ACCELERATION ACADEMIES LLC · MIAMI-DADE
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9 bd4.0 baMulti-FamilyBuilt 188526 days on market

Estimated Closing Costs

Based on a list price of $1,099,000. Actual costs may vary.

Buyer Closing Costs
$14,226
(1.3%)
Seller Closing Costs
$8,504
(0.8%)
Cost ItemBuyerSeller
Transfer Tax$8,243$4,946
Recording Fees (Deed)$214
Owner's Title Insurance$3,558
Lender's Title Insurance$5,770
Total$14,226$8,504

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
Stacy Braack
Core Realty & Investments, Inc
MLS (MRED) #12728301
7734054431stacy.braack@cbexchange.comAgent Website →

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Frequently Asked Questions

How much are closing costs for 708 S Ada St, Chicago, IL 60607?

Based on the list price of $1,099,000, estimated buyer closing costs for 708 S Ada St, Chicago, IL 60607 are $14,226 (1.3% of purchase price). Seller closing costs are estimated at $8,504. 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 708 S Ada St, Chicago, IL 60607 at $1,099,000, the combined transfer tax estimate is $13,189. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 708 S Ada St, 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