HomeIllinois Closing Costs8630 S Bishop St
Active Listing · Chicago, IL

8630 S Bishop St, Chicago, IL 60620

$324,555Listing Price
🎓Simeon Career Academy High School · Chicago Public Schools Dist 299
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4 bd2.0 ba2,405 sqftSingle FamilyBuilt 19257 days on market

Estimated Closing Costs

Based on a list price of $324,555. Actual costs may vary.

Buyer Closing Costs
$4,355
(1.3%)
Seller Closing Costs
$3,472
(1.1%)
Cost ItemBuyerSeller
Transfer Tax$2,438$1,463
Recording Fees (Deed)$214
Owner's Title Insurance$2,009
Lender's Title Insurance$1,704
Total$4,355$3,472

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
Ja'mal Green
EXIT STRATEGY REALTY
MLS (MRED) #12746022
7085743498jaymalgreen@gmail.com

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Frequently Asked Questions

How much are closing costs for 8630 S Bishop St, Chicago, IL 60620?

Based on the list price of $324,555, estimated buyer closing costs for 8630 S Bishop St, Chicago, IL 60620 are $4,355 (1.3% of purchase price). Seller closing costs are estimated at $3,472. 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 8630 S Bishop St, Chicago, IL 60620 at $324,555, the combined transfer tax estimate is $3,901. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 8630 S Bishop 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.

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Illinois Closing Cost Guide