HomeIllinois Closing Costs941 W Gunnison St
Active Listing · Chicago, IL

941 W Gunnison St, Apt 1W, Chicago, IL 60640

$650,000Listing Price
🎓Uplift Community High School · Chicago Public Schools Dist 299
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3 bd2.5 ba2,500 sqftCondo7 days on marketHOA $423/mo

Estimated Closing Costs

Based on a list price of $650,000. Actual costs may vary.

Buyer Closing Costs
$8,502
(1.3%)
Seller Closing Costs
$5,585
(0.9%)
Cost ItemBuyerSeller
Transfer Tax$4,875$2,925
Recording Fees (Deed)$214
Owner's Title Insurance$2,660
Lender's Title Insurance$3,413
Total$8,502$5,585

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
Daniel Cozzi
COMPASS
MLS (MRED) #12743757
3129094917daniel.cozzi@compass.comAgent Website →

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Frequently Asked Questions

How much are closing costs for 941 W Gunnison St, Apt 1W, Chicago, IL 60640?

Based on the list price of $650,000, estimated buyer closing costs for 941 W Gunnison St, Apt 1W, Chicago, IL 60640 are $8,502 (1.3% of purchase price). Seller closing costs are estimated at $5,585. 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 941 W Gunnison St, Apt 1W, Chicago, IL 60640 at $650,000, the combined transfer tax estimate is $7,800. Rates vary by jurisdiction — the myClosingCost engine covers all layers for this address.

Who pays closing costs — buyer or seller?

At 941 W Gunnison St, Apt 1W, Chicago, IL 60640, 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