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Updated over 10 years ago on . Most recent reply

Tuan L.'s profile image
Tuan L.'s profile image
Tuan L.
  • Real Estate Investor
  • from Cali
  • Member since Nov 3, 2015

User Stats

86
Posts
7
Votes
Tuan L.'s profile image
Tuan L.'s profile image
Tuan L.
  • Real Estate Investor
  • from Cali
  • Member since Nov 3, 2015
Tuan L.
  • Real Estate Investor
  • Cali
7
Votes |
86
Posts
Buying & Selling Real Estate

Typical seller closing cost near Chicago

Tuan L.
  • Real Estate Investor
  • Cali
Posted

Hi BP community,

Excluding the realtor commission, what is a typical closing cost for a 2,500 square feet house near Chicago (near Joliet to be specific)? I read on a website and it mentions

Real Estate Tax Prorations: In Illinois the seller has to credit the purchaser with a real estate tax credit for their unpaid share of taxes.

If you are familiar with Illinois real estate, please explain what this means.

Thank you very much!

 
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