Seller's Net Proceeds

How Much Money Will I Walk Away With?

This is the question on everyone's mind when they decide to sell. Below is an estimate of the closing costs associated with the sale of property in the Chicagoland area. It is meant to be a guide only and not an exact calculation. There are several variables that are specific to each property. Some of those may include:

Broker Commissions
Title Insurance
Attorney Fees
Survey (if applicable)
County real estate tax prorations
Final Water Bill
Paid Assessment Letter (if applicable)
State of Illinois Transfer Stamps ($0.50/$500 sales price)
County Transfer Stamps ($0.25/$500 sales price)
City/Municipality Transfer Stamps (See List)
Recording Fees