Prior to making an offer to purchase your new home in in Chicago, use this page to get a better handle on your bottom line. Our Chicago Buyer’s Closing Calculator is more helpful than the MLS calculator in that it automatically calculates your real estate commission, Illinois, Cook County and Chicago transfer taxes, real estate tax credits, prorated association assessments, and title charges. Just input the numbers and dates on the left and the right side will give you a better estimate of what you may need to bring to closing.*
*These figures and calculations are estimates and are intended solely to be helpful in understanding the possible closing costs involved generally in a residential real estate transaction in Cook County Illinois. There are, however, many factors that may affect these estimates. Before signing any documents or depositing or receiving any money preparatory to entering into a real estate contract, you should consult with an attorney of your choice to ensure that your rights are properly protected.
