Will County, Illinois Closing Costs
On the $298,000 median Will County home, the county-specific closing items come to about $3,397: transfer tax $447, title insurance $2,770, recording fees $180. 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 | $180 | $2,975 |
| $200,000 | $300 | $2,570 | $180 | $3,050 |
| $250,000 | $375 | $2,670 | $180 | $3,225 |
| $300,000 | $450 | $2,770 | $180 | $3,400 |
| $350,000 | $525 | $2,870 | $180 | $3,575 |
| $400,000 | $600 | $2,970 | $180 | $3,750 |
| $450,000 | $675 | $3,070 | $180 | $3,925 |
| $500,000 | $750 | $3,170 | $180 | $4,100 |
| $600,000 | $900 | $3,395 | $180 | $4,475 |
| $700,000 | $1,050 | $3,595 | $180 | $4,825 |
| $800,000 | $1,200 | $3,795 | $180 | $5,175 |
| $1,000,000 | $1,500 | $4,195 | $180 | $5,875 |
Frequently asked questions
How much are closing costs in Will County?
On the $298,000 median home, the county-specific items come to about $3,397: transfer tax $447 including Will County Real Estate Transfer Tax, title insurance $2,195 for the owner's policy and $575 for the lender's, and about $180 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 Will 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
- Will County transfer tax overview (secondary source; county-imposed rate matches the standard non-home-rule county rate under 35 ILCS 200/31-1)
- Old Republic Title Schedule of Rates for Cook, DuPage, Kane, Kendall, Lake, McHenry and Will Counties, Illinois, effective September 1, 2024
- Will County Recorder of Deeds fee schedule
Figures are computed from the documents above and rounded to the dollar. All sources.
All Illinois buyer closing costs → Will County home buyer guide →
Figures are computed from the documents above and rounded to the dollar. General information, not financial advice.
Will County overview