HomeIllinois Closing Costs7708 S Wolcott Ave
Active Listing · Chicago, IL

7708 S Wolcott Ave, Chicago, IL 60620

$365,000Listing Price
🎓Simeon Career Academy High School · Chicago Public Schools Dist 299
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3 bd2.0 ba2,750 sqftSingle FamilyBuilt 19283,751 sqft lot4 days on market

Estimated Closing Costs

Based on a list price of $365,000. Actual costs may vary.

Buyer Closing Costs
$4,868
(1.3%)
Seller Closing Costs
$3,733
(1.0%)
Cost ItemBuyerSeller
Transfer Tax$2,738$1,643
Recording Fees (Deed)$214
Owner's Title Insurance$2,090
Lender's Title Insurance$1,916
Total$4,868$3,733

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
Eboni Mills
EXIT STRATEGY REALTY
MLS (MRED) #12746960
3124040019ebonimillsrealestate@gmail.com

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Frequently Asked Questions

How much are closing costs for 7708 S Wolcott Ave, Chicago, IL 60620?

Based on the list price of $365,000, estimated buyer closing costs for 7708 S Wolcott Ave, Chicago, IL 60620 are $4,868 (1.3% of purchase price). Seller closing costs are estimated at $3,733. 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 7708 S Wolcott Ave, Chicago, IL 60620 at $365,000, the combined transfer tax estimate is $4,381. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 7708 S Wolcott Ave, 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.

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Illinois Closing Cost Guide