Cook County Transfer Tax
Cook County charges $0.25 per $500 of price or fraction (0.05%) on top of the Illinois state tax ($0.50 per $500 of price or fraction (0.1%)). On a $314,200 home that is $472 in total. $0.25 per $500 of value or fraction thereof (0.05% effective rate), the maximum county rate allowed under Illinois law, collected together with the state stamp at recording.
Cook County transfer tax by purchase price
| Purchase price | State tax | Cook County | Total |
|---|---|---|---|
| $150,000 | $150 | $75 | $225 |
| $200,000 | $200 | $100 | $300 |
| $250,000 | $250 | $125 | $375 |
| $300,000 | $300 | $150 | $450 |
| $350,000 | $350 | $175 | $525 |
| $400,000 | $400 | $200 | $600 |
| $450,000 | $450 | $225 | $675 |
| $500,000 | $500 | $250 | $750 |
| $600,000 | $600 | $300 | $900 |
| $700,000 | $700 | $350 | $1,050 |
| $800,000 | $800 | $400 | $1,200 |
| $1,000,000 | $1,000 | $500 | $1,500 |
Transfer tax calculator
Who pays
Seller. $0.25 per $500 of value or fraction thereof (0.05% effective rate), the maximum county rate allowed under Illinois law, collected together with the state stamp at recording.
Frequently asked questions
How much is the transfer tax in Cook County?
Cook County charges $0.25 per $500 of price or fraction (0.05%), on top of the Illinois state tax, so a $314,200 home pays $472 in total ($315 state, $157 local).
Who pays the Cook County transfer tax?
Seller. $0.25 per $500 of value or fraction thereof (0.05% effective rate), the maximum county rate allowed under Illinois law, collected together with the state stamp at recording.
Sources
- 35 ILCS 200/31-10, stated on the PTAX-203/MyDec transfer declaration
- Who pays
- Illinois Department of Revenue (counties may impose a tax of 25 cents per $500 of value) and ATG Title/Fund
Rates as the statute or revenue department publishes them, checked 2026-09-22. Figures are computed from those rates and rounded to the dollar; exemptions for first-time buyers or principal residences are noted where they exist and are not applied. All sources.
Illinois transfer tax overview → All Illinois buyer closing costs →
Figures are computed from the statutes and ordinances cited above and rounded to the dollar. This is general information, not tax or legal advice.
Illinois transfer tax