Chicago Transfer Tax

Chicago Real Estate Transfer Tax

When a title changes hands from one owner to another in Chicago Illinois transfer tax will be imposed locally (i.e. City of Chicago), by County and by The State of Illinois.

Most states will require a conveyance fee or transfer tax/stamps. The responsibility of paying these fees (State & County) many times are paid by the seller. For many cities and local municipalities there are local transfer charges which vary by amount and are applied to either the buyer or seller.

For the most up-to-date information on current Transfer Taxes for Chicago and different Chicagoland suburbs visit Fidelity National Title Insurance Company. Below is a list that specifies the party responsible and the amount of the tax. Please note that we do not guarantee the accuracy or timeliness of any of this information and we ask that you contact your Illinois real estate attorney for precise details.

Area Tax Levied Paid By
State of Illinois $1/1000 Seller
Cook County 0.25/500 Seller
DeKalb County 0.25/501 Either Party
DuPage County 0.25/502 Either Party
Kane County 0.25/503 Either Party
Kendall County 0.25/504 Either Party
Lake County 0.25/505 Either Party
McHenry County 0.25/506 Either Party
Peoria County 0.25/507 Either Party
Will County 0.25/508 Either Party
Winnebago County 0.25/509 Either Party
     
Addison $2.50/1000 Buyer
Alsip $3.50/1000 (minimum of $1,000) -$15 for exempt stamp Seller
Aurora $3.00/1000 Seller
Bartlett $3.00/1000 Seller
Bedford Park No Transfer Tax-$50/transaction -Inspection required Seller
Bellwood $5.00/1000 -$10 fee for exempt stamp -Inspection required Seller
Berkley No Transfer Tax-$253/transaction Seller
Berwyn $10/1000 -$25 fee for exempt stamp -Inspection required Seller
Bolingbrook $3.75/500 -$50 fee for exempt stamp Split Equally
Broadview $75 inspection fee Seller
Brookfield $100 inspection fee Seller
Buffalo Grove $3.00/1000 Seller
Burbank $5.00/1000 Seller
Burnham $5.00/1000 Buyer
Calumet City $8.00/1000 -$150 Inspection fee Split Equally
Calumet Park $5.00/1000 -$100 Inspection fee Buyer
Carol Stream $3.00/1000 Seller
Channahon $3.00/1000 Buyer
Chicago $3.75/500 Buyer
  $1.50/500 Seller
Chicago Heights $4.00/1000 -$50 Inspection fee Seller
Cicero $10.00/1000 -$50 fee for exempt stamp -$50 inspection fee Seller
Country Club Hills $5.00/1000 (minimum of $50) -$40 inspection fee Seller
Countryside No Transfer Tax-$50/transaction Seller
Des Plaines $2.00/1000 -$10 fee for exempt stamp Seller
Dolton No Transfer Tax -$150 inspection fee Seller
East Hazel Crest No Transfer Tax-$25/transaction Buyer
Elk Grove Village $3.00/1000 -$10 fee for exempt stamp Seller
Elmhurst $1.50/1000 Seller
Elmwood Park $5.00/1000 -$35 fee for exempt stamp -Inspection required Seller
Evanston $5.00/1000 Seller
Evergreen Park $5.00/1000 (minimum of $100) -$100 inspection fee Seller
Forest Park $300 inspection fee Seller
Franklin Park Zoning approval for commercial, multi-family and industrial properties. $75 pre-listing inspection fee Seller
Glen Ellyn $3.00/1000 (Payment of tax may be waived but stamp required) Seller
Glendale Heights $3.00/1000 -$25 fee for exempt stamp – $50 inspection fee Seller
Glenwood $5.00/1000 - $100 inspection fee Seller
Hainesvill $40 inspection fee Seller
Hanover Park $3.00/1000.00. An exempt stamp is $10.00 Seller
Harvey $4.00/1000 - $75 inspection fee Split Equally
Harwood Heights $10/1000 -$50 inspection fee Buyer
Highland Park $5.00/1000 Seller
Highwood (only Ft. Sheridan) $5.00/1000 Seller
Hillside $3.75/500 -$50 inspection fee Buyer
Hoffman Estates $3.00/1000 Seller
Island
Lake
$50 fee to seller for electrical compliance inspection Seller
Joliet $3.00/1000 Seller
Lake Forest $4.00/1000 - $150 inspection fee Buyer
Lincolnshire $3.00/1000 Buyer
Lynwood $100 inspection fee Seller
Lyons $100 Inspection required Seller
Markham $400-Inspection required Seller
Maywood $4.00/1000 - $90 inspection fee Seller
McCook $5.00/1000 (minimum of $1000) – $50 inspection fee Seller
Melrose
Park
Inspection required- $75 and up Seller
Mettawa $5.00/1000 Buyer
Morton Grove $3.00/1000 Seller
Mount Prospect $3.00/1000 Buyer
Naperville $1.50/500 Buyer
Niles $3.00/1000 - $25 inspection fee Buyer
Norridge $25 inspection fee Seller
North Chicago $5.00/1000 - $50 inspection fee Buyer
Northlake Inspection required and $200 compliance stamp Seller
Oak Lawn $5.00/1000 Seller
Oak Park $8.00/1000 Seller
Olympia Fields $50 inspection fee Seller
Palos Hills $50 inspection fee Seller
Park Forest $5.00/1000 - $100 inspection fee Seller
Park Ridge $5.00/1000 - inspection required Seller
Peoria $2.50/1000 Buyer
Posen $150 and inspection required Seller
Richton Park $75 inspection fee Seller
Riverdale $200 and inspection required Seller
River Forest $1.00/1000 and inspection required Seller
River Grove $50 for Single Family- $25 plus $25 for each unit if Apartment building- $100 other properties Seller
Robbins $25 Stamp Fee- $80 Inspection Fee -Inspection required Seller
Rolling Meadows $3.00/1000 Seller
Romeoville $1.75/500 -$40 fee for exempt stamp Buyer
Round Lake Beach $60 inspection fee Seller
Round Lake Heights $75 inspection fee Seller
Round Lake Park $50 inspection fee Seller
Sauk Village $50 inspection fee Seller
Schaumburg $1.00/1000 -$10 fee for exempt stamp Seller
Skokie $3.00/1000 -$15 fee for exempt stamp Seller
Stickney $5.00/1000- $25 fee for exempt stamp Seller
Stone Park $2.00/500 +50 inspection fee per residence Seller
Streamwood $3.00/1000 -$10 fee for exempt stamp Seller
Sycamore $5.00/1000 Buyer
University Park $1.00/1000 plus inspection fee of $250 Seller
Wauconda $50 inspection fee Seller
Westchester $150 plus $75 inspection fee Seller
West Chicago $200 Inspection fee Seller
Wheaton $2.50/1000 Buyer
Wilmette $3.00/1000 Buyer
Woodridge $2.50/1000 -$10 fee for exempt stamps Seller

 

We do not guarantee the accuracy or timeliness of any information on this site. Use at your own risk. This data has been compiled from multiple government and commercial sources. Data last updated 06/2010.

Please let us know if you notice any errors or needed updates.