Estimated Seller Closing Costs
$33,650
6.73% of sale price
Transfer Taxes
Illinois Transfer Tax ($0.50/$500)$500
County Transfer Tax ($0.25/$500)$250
City/Municipal Transfer Tax$1,500
Title Costs
Owner's Title Insurance$2,500
Transfer Stamp Fee$160
Search & Commitment Fee$290
Commitment Update Fee$165
Pay Off / Wire / CPL Fees$150
IL Policy Fee$3
Chicago Water Certification$150
Survey (non-condo)$500
Zoning Cert (non-condo)$175
Commission
Listing Agent Commission$10,000
Buyer Agent Commission$10,000
Credits & Prorations
Tax Proration Credit $3,000
HOA Proration Credit (est.)$240
Buyer Credit$0
Other
Attorney Fees$850
Mortgage Payoff$300,000
Additional Commission$595
Total Closing Costs
$33,650
These are estimates only. Tax prorations are calculated at 105% of the prior year's tax bill, which is standard in most Illinois transactions but may vary by contract. Transfer tax rates vary by municipality — Chicago: $1.50/$500, Evanston: $2.50/$500, Oak Park/Skokie: $1.50/$500. Actual costs depend on contract terms, title company rates, and property-specific details. Contact Matthew for a personalized net sheet.