Cook County, Illinois Closing Costs
On the $305,200 median Cook County home, the county-specific closing items come to about $3,463: transfer tax $459, title insurance $2,790, recording fees $214. Lender fees, appraisal and prepaids are added by the loan, not the county.
County-specific closing costs by purchase price
| Purchase price | Transfer tax | Title insurance (both policies) | Recording fees | Total |
|---|---|---|---|---|
| $150,000 | $225 | $2,570 | $214 | $3,009 |
| $200,000 | $300 | $2,570 | $214 | $3,084 |
| $250,000 | $375 | $2,670 | $214 | $3,259 |
| $300,000 | $450 | $2,770 | $214 | $3,434 |
| $350,000 | $525 | $2,870 | $214 | $3,609 |
| $400,000 | $600 | $2,970 | $214 | $3,784 |
| $450,000 | $675 | $3,070 | $214 | $3,959 |
| $500,000 | $750 | $3,170 | $214 | $4,134 |
| $600,000 | $900 | $3,395 | $214 | $4,509 |
| $700,000 | $1,050 | $3,595 | $214 | $4,859 |
| $800,000 | $1,200 | $3,795 | $214 | $5,209 |
| $1,000,000 | $1,500 | $4,195 | $214 | $5,909 |
Frequently asked questions
How much are closing costs in Cook County?
On the $305,200 median home, the county-specific items come to about $3,463: transfer tax $459 including Cook County transfer tax, title insurance $2,215 for the owner's policy and $575 for the lender's, and about $214 to record the deed and mortgage. Lender fees, an appraisal, prepaid taxes and insurance come on top and depend on the loan.
Who pays these in Cook County?
The seller customarily pays the Illinois transfer tax. Who pays the owner's title policy is customarily the seller; the buyer pays the lender's policy and the mortgage recording fee.
Sources
- U.S. Census Bureau, ACS 2019-2023 five-year estimates, table B25077 (median value of owner-occupied housing units)
- 35 ILCS 200/31-10, stated on the PTAX-203/MyDec transfer declaration
- Illinois Department of Revenue; ATG Title/Fund
- Old Republic Title Schedule of Rates for Cook, DuPage, Kane, Kendall, Lake, McHenry and Will Counties, Illinois, effective September 1, 2024
- Cook County Clerk (Recordings Division, merged with the former Recorder of Deeds) fee schedule
Figures are computed from the documents above and rounded to the dollar. All sources.
All Illinois buyer closing costs → Cook County home buyer guide →
Figures are computed from the documents above and rounded to the dollar. General information, not financial advice.
Cook County overview