HomeIllinois Closing Costs7120 W Highland Ave
Active Listing · Chicago, IL

7120 W Highland Ave, Chicago, IL 60631

$649,000Listing Price
🎓Taft High School · Chicago Public Schools Dist 299
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4 bd2.0 baMulti-FamilyBuilt 19291,742 sqft lot13 days on market

Estimated Closing Costs

Based on a list price of $649,000. Actual costs may vary.

Buyer Closing Costs
$8,489
(1.3%)
Seller Closing Costs
$5,579
(0.9%)
Cost ItemBuyerSeller
Transfer Tax$4,868$2,921
Recording Fees (Deed)$214
Owner's Title Insurance$2,658
Lender's Title Insurance$3,407
Total$8,489$5,579

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
Matt Melull
Coldwell Banker Realty
MLS (MRED) #12733369
8475415000matt.melull@cbexchange.comAgent Website →

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Frequently Asked Questions

How much are closing costs for 7120 W Highland Ave, Chicago, IL 60631?

Based on the list price of $649,000, estimated buyer closing costs for 7120 W Highland Ave, Chicago, IL 60631 are $8,489 (1.3% of purchase price). Seller closing costs are estimated at $5,579. 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 7120 W Highland Ave, Chicago, IL 60631 at $649,000, the combined transfer tax estimate is $7,789. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 7120 W Highland Ave, Chicago, IL 60631, 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