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Illinois seller net sheet and closing costs

An Illinois seller pays about $20,145 to close on a $325,000 home. That is 6.2% of the price, with a 5% commission. Without the commission, costs are about $3,895, including $488 of transfer tax. $325,000 is close to the typical home value in Illinois.

See what an Illinois seller keeps after commission, loan payoffs, title and transfer taxes. We checked Illinois rates and customs on 2026-09-30. The calculator applies them down to the county.

Rates last checked September 2026. Reviewed by Harrison Farrell, founder. How we get these numbers

Free Illinois seller net sheet calculator Plans and pricing

Free Illinois seller net sheet calculator

Change any number and the local costs update.

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Real estate commission (5%)−$16,250
First mortgage payoff−$195,000
State real estate transfer tax−$325
County real estate transfer tax−$163
Release / satisfaction recording−$107
Title insurance and settlement−$3,250
Other closing fees−$50
Estimated net to seller$109,856

Set for a July 1 closing. The full calculator adds your own date, credits, a PDF and email. Open the full net sheet
State transfer tax
$0.50 per $500
Owner's title policy
Seller pays
Seller costs on $325,000
About $20,145

How much does it cost to sell a house in Illinois?

An Illinois seller pays about $20,145 to close on a $325,000 sale. That is 6.2% of the price. It counts a 5% commission. The table also takes out a $195,000 mortgage payoff, which leaves about $109,856. The calculator above shows the same sale.

LineSeller
Sale price$325,000
First mortgage payoff−$195,000
Real estate commission (5%)−$16,250
State real estate transfer tax−$325
County real estate transfer tax−$162.50
Owner's title insurance policy−$1,400
Settlement / closing fee−$600
Seller's attorney fee−$700
Survey−$550
Release / satisfaction recording−$107
Wire / courier / payoff processing−$50
Estimated net before the property tax split$109,855.50
 Title and settlement fees are typical estimates, not quotes.

Run it with your own numbers. Pick the county to add local taxes. Enter the closing date to split property taxes.

Does Illinois have a transfer tax?

Yes. Illinois charges the state real estate transfer tax. The rate is $0.50 per $500. The seller usually pays it. 75 county or city transfer taxes also apply in parts of the state. The calculator adds them when you pick the county.

TaxLevelRateWho usually pays
State real estate transfer tax35 ILCS 200/31-10: $0.50 per $500 or fraction.State$0.50 per $500Seller
County real estate transfer taxCounty$0.25 per $500Seller
Chicago real property transfer tax (city portion)City$3.75 per $500 (buyer)Buyer
Chicago transfer tax (CTA portion)City$1.50 per $500 (seller)Seller
Evanston transfer taxCity$5 / $7 / $9 per $1,000 by bracketSeller
Oak Park transfer taxCity$8 per $1,000Seller
Naperville transfer taxCity$3 per $1,000Buyer
Aurora transfer taxCity$3 per $1,000Seller
Skokie transfer taxCity$3 per $1,000Seller
Highland Park transfer taxCity$5 per $1,000Seller
Joliet transfer taxCity$3 per $1,000Seller
Bolingbrook transfer taxCity$7.50 per $1,000Split 50/50
Berwyn transfer taxCity$10 per $1,000Seller
Cicero transfer taxCity$10 per $1,000Seller
Elk Grove Village transfer taxCity$3 per $1,000Seller
Wheaton transfer taxCity$2.50 per $1,000Buyer
Oak Lawn transfer taxCity$5 per $1,000Seller
Park Ridge transfer taxCity$2 per $1,000Seller
Des Plaines transfer taxCity$2 per $1,000Seller
Mount Prospect transfer taxCity$3 per $1,000Buyer
Schaumburg transfer taxCity$1 per $1,000Seller
Morton Grove transfer taxCity$3 per $1,000Seller
Niles transfer taxCity$3 per $1,000Buyer
Wilmette transfer taxCity$3 per $1,000Buyer
Buffalo Grove transfer taxCity$3 per $1,000Seller
Hoffman Estates transfer taxCity$3 per $1,000Seller
Romeoville transfer taxCity$3.50 per $1,000Buyer
Woodridge transfer taxCity$2.50 per $1,000Seller
Glen Ellyn transfer taxCity$3 per $1,000Seller
Carol Stream transfer taxCity$3 per $1,000Seller
Hanover Park transfer taxCity$3 per $1,000Seller
Streamwood transfer taxCity$3 per $1,000Seller
Bartlett transfer taxCity$3 per $1,000Seller
Rolling Meadows transfer taxCity$3 per $1,000Seller
Sycamore transfer taxCity$5 per $1,000Buyer
Country Club Hills transfer taxCity$5 per $1,000Seller
Park Forest transfer taxCity$5 per $1,000Seller
Dolton transfer taxCity$5 per $1,000Seller
Harvey transfer taxCity$5 per $1,000Split 50/50
Bellwood transfer taxCity$5 per $1,000Seller
Maywood transfer taxCity$4 per $1,000Seller
Elmhurst transfer taxCity$1.50 per $1,000Seller
Addison transfer taxCity$2.50 per $1,000Buyer
Alsip transfer taxCity$3.50 per $1,000, $100 minimumSeller
Burbank transfer taxCity$5 per $1,000, $100 minimumSeller
Burnham transfer taxCity$5 per $1,000Buyer
Calumet Park transfer taxCity$5 per $1,000Buyer
Channahon transfer taxCity$3 per $1,000Buyer
Chicago Heights transfer taxCity$4 per $1,000Seller
Elmwood Park transfer taxCity$5 per $1,000, $35 minimumSeller
Evergreen Park transfer taxCity$5 per $1,000, $100 minimumSeller
Freeport transfer taxCity$2 per $500Seller
Glendale Heights transfer taxCity$3 per $1,000, $25 minimumSeller
Glenwood transfer taxCity$5 per $1,000Seller
Harwood Heights transfer taxCity$10 per $1,000Buyer
Hillside transfer taxCity$3.75 per $500Buyer
Lake Forest transfer taxCity$4 per $1,000Buyer
Lincolnshire transfer taxCity$3 per $1,000Buyer
McCook transfer taxCity$5 per $1,000, $100 minimumSeller
Mettawa transfer taxCity$5 per $1,000Buyer
North Chicago transfer taxCity$5 per $1,000Buyer
Oswego transfer taxCity$3 per $1,000Buyer
Peoria transfer taxCity$2.50 per $1,000Seller
River Forest transfer taxCity$1 per $1,000Seller
Stickney transfer taxCity$5 per $1,000Seller
Stone Park transfer taxCity$2 per $500Seller
University Park transfer taxCity$1 per $1,000Seller
Calumet City transfer taxCity$8 per $1,000 under $2M, rising to $16 per $1,000 over $20M; buyer and seller splitSplit 50/50
Bedford Park transfer stampCity$50 flatSeller
Countryside transfer stampCity$50 flatSeller
East Hazel Crest transfer stampCity$25 flatBuyer
Robbins transfer stampCity$100 flatSeller
Blue Island transfer stampCity$100 flat (certificate of occupancy)Seller
Markham transfer stampCity$100 flat (compliance stamp)Seller
Northlake transfer stampCity$250 flat (compliance stamp)Seller
Lincolnwood transfer stampCity$20 flatSeller
 Who pays is local custom. The contract can change it. Rates checked 2026-09-30.
Sale priceSeller paysBuyer paysTotal
$250,000$375$0$375
$500,000$750$0$750
$1,000,000$1,500$0$1,500
 No county or city chosen. Split by local custom. Some counties and cities charge a different or extra rate.

Who pays closing costs in Illinois?

In Illinois, the seller usually pays the agent commission, their own loan payoff, the state real estate transfer tax and the owner's title policy. The buyer usually pays the lender fees and the lender's title policy. Each side pays its own settlement or escrow fee.

The seller usually pays for the owner's title policy in Illinois. In Illinois, each title insurer files its own rates. So prices differ between title companies. The net sheet uses typical rates. The title company that runs the closing gives the final quote. An attorney usually handles the closing. By custom, an attorney is required.

Attorney closings; seller pays owner's title, survey (single-family), state/county stamps and the CTA portion of the Chicago tax; buyer pays the city portion of the Chicago tax and lender's policy.

NetSheet.org is not tied to any title company. The net sheet works with any title or escrow company. See how it compares with title company net sheet tools.

How are property taxes split at closing in Illinois?

Each side pays the taxes for the days it owns the home. Property taxes in Illinois are paid in arrears, after the period they cover. So the seller usually credits the buyer for unpaid days up to closing. Taxes run about 2.1% of the home's value per year. By county, they run from 2% to 2.1%. Taxes are paid a year in arrears (Cook County installments Mar 1 and Aug 1 for the prior year); the seller credits the buyer for the prior year if unpaid plus Jan 1 through closing, customarily at 105%-110% of the last bill.

Sources

Checked 2026-09-30. A net sheet is an estimate. It is not a closing statement or tax advice. The title or escrow company gives the final figures. See a rate that looks wrong? Email [email protected].

Illinois net sheet questions

Does Illinois have a real estate transfer tax?

Yes. Illinois charges the state real estate transfer tax. The rate is $0.50 per $500. The seller usually pays it. 75 county or city transfer taxes also apply in parts of the state. The calculator adds them when you pick the county.

How much is the transfer tax on a $500,000 home in Illinois?

About $750, with no county or city chosen. The seller usually pays it. Some counties and cities charge a different or extra rate.

How much are seller closing costs in Illinois?

About $20,145 on a $325,000 sale with a 5% commission. That is 6.2% of the price. The commission is $16,250 of it. Without the commission, closing costs are about $3,895. Local taxes and the property tax split change the final number.

Who pays for title insurance in Illinois?

The seller usually pays for the owner's title policy in Illinois. The buyer pays for the lender's policy.

Who handles the closing in Illinois?

An attorney usually handles the closing. By custom, an attorney is required.

How are property taxes prorated when you sell a home in Illinois?

Each side pays the taxes for the days it owns the home. Property taxes in Illinois are paid in arrears, after the period they cover. So the seller usually credits the buyer for unpaid days up to closing. Taxes run about 2.1% of the home's value per year. By county, they run from 2% to 2.1%. Taxes are paid a year in arrears (Cook County installments Mar 1 and Aug 1 for the prior year); the seller credits the buyer for the prior year if unpaid plus Jan 1 through closing, customarily at 105%-110% of the last bill.

Illinois net sheets by county

Each county page shows local taxes and a net sheet at the county's typical price.

Illinois net sheets by city

These are the 80 largest of 237 Illinois cities with a page. Each county page lists its own cities.

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