Active Listing · Chicago, IL

7618 S Sangamon St, Chicago, IL 60620

$400,000Listing Price

🎓Simeon Career Academy High School · Chicago Public Schools Dist 299

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Estimated Closing Costs

Based on the list price of $400,000. Actual costs may vary. Listing data last observed September 4, 2026.

Buyer Closing Costs

$5,314

(1.3%)

Seller Closing Costs

$3,960

(1.0%)

Cost Item	Buyer	Seller
Transfer Tax	$3,000	$1,800
Recording Fees (Deed)	$214	—
Owner's Title Insurance	—	$2,160
Lender's Title Insurance	$2,100	—
Total	$5,314	$3,960

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.

For agents serving Chicago, IL

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A portal can tell you someone browsed a home. When a buyer or seller calculates closing costs for 7618 S Sangamon St at a specific price, they are researching a concrete transaction. That is a more specific intent signal, though it does not prove they will buy or hire an agent. Your market listing can appear when these visitors compare agents in the ZIP codes and price ranges you serve.

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Frequently Asked Questions

How much are closing costs for 7618 S Sangamon St, Chicago, IL 60620?

Based on the list price of $400,000, estimated buyer closing costs for 7618 S Sangamon St, Chicago, IL 60620 are $5,314 (1.3% of purchase price). Seller closing costs are estimated at $3,960. 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 7618 S Sangamon St, Chicago, IL 60620 at $400,000, the combined transfer tax estimate is $4,800. Rates vary by jurisdiction — the MyClosingCost.com engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 7618 S Sangamon St, Chicago, IL 60620, 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.