HomeIllinois Closing Costs7951 S Muskegon Ave
Active Listing · Chicago, IL

7951 S Muskegon Ave, Chicago, IL 60617

$599,900Listing Price
🎓Washington G High School · Chicago Public Schools Dist 299
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17 bd17.0 baMulti-FamilyBuilt 19257,254 sqft lot214 days on market

Estimated Closing Costs

Based on a list price of $599,900. Actual costs may vary.

Buyer Closing Costs
$7,863
(1.3%)
Seller Closing Costs
$5,260
(0.9%)
Cost ItemBuyerSeller
Transfer Tax$4,500$2,700
Recording Fees (Deed)$214
Owner's Title Insurance$2,560
Lender's Title Insurance$3,149
Total$7,863$5,260

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
Steven Rapoport
Chicago Real Estate Resources
MLS (MRED) #12559449
8478632707ericj@crer.com

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Frequently Asked Questions

How much are closing costs for 7951 S Muskegon Ave, Chicago, IL 60617?

Based on the list price of $599,900, estimated buyer closing costs for 7951 S Muskegon Ave, Chicago, IL 60617 are $7,863 (1.3% of purchase price). Seller closing costs are estimated at $5,260. 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 7951 S Muskegon Ave, Chicago, IL 60617 at $599,900, the combined transfer tax estimate is $7,200. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 7951 S Muskegon Ave, Chicago, IL 60617, 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