Closing Cost Calculator
Estimate your closing costs for an Illinois real estate transaction.
Use this calculator to get a rough estimate of closing costs for buying or selling property in the Chicago area and across Illinois. Select your role, enter the sale price, and choose your county to see an itemized breakdown of typical fees including transfer taxes, title insurance, and attorney costs. For an exact estimate tailored to your transaction, contact our team.
Estimated Buyer Closing Costs
State Transfer Tax
$0.50 per $500
$350
County Transfer Tax
$0.25 per $500
$175
Title Insurance (Owner's Policy)
Estimated ~$2.50 per $1,000
$875
Attorney Fees
$500 - $1,500
$500 - $1,500
Recording Fees
$100
Survey
$400 - $600
$400 - $600
Home Inspection
$300 - $500
$300 - $500
Property Tax Proration
Varies based on closing date and tax bill
Varies based on closing date and tax bill
Total Estimated Costs
$3,400
This calculator provides estimates only. Actual closing costs vary based on your specific transaction, lender requirements, and negotiated terms. Attorney fees, survey costs, and inspection fees are shown as typical ranges. Property tax proration depends on your closing date and the most recent tax bill. Contact REAL Law Group for a detailed estimate tailored to your transaction.
Want an exact estimate for your transaction?
Our experienced real estate attorneys can provide a detailed closing cost breakdown specific to your purchase or sale. Call us at (630) 299-7600 or reach out online.