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Chicago
Real Estate Transfer Tax
When a title
changes hands from one owner to another in Chicago Illinois
a 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 Chicago
Title Insurance Co. 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.
Visit: Chicago
Transfer Tax Blog
|
| Area: |
Tax
Levied: |
Customarily
Paid By: |
Effective
Date: |
| State
of Illinois |
0.50
/1,000.00 |
Seller |
|
| Cook
County |
0.25
/1,000.00 |
Seller |
|
| Alsip |
3.50
/1,000.00 |
Seller |
5/1/94 |
| Bartlett |
|
|
5/1/94 |
| Bedford
Park |
50.00
flat fee |
Seller |
5/11/96 |
| Bellwood |
5.00
/ $1,000.00 |
Seller |
7/18/96 |
| Berkley |
$2.00
flat fee & water certification |
|
3/1/00 |
| Berwyn |
10.00
/ $1,000.00 |
Seller |
10/15/93 |
| Buffalo
Grove |
3.00
/ $1,000.00 |
|
3/1/92 |
| Burbank |
5.00
/ $1,000.00 |
Seller |
6/13/93 |
| Burnham |
5.00
/ $1,000.00 |
Buyer |
2/9/85 |
| Calumet
City |
|
|
7/12/95 |
| Calumet
Park |
5.00
/ $1,000.00 |
Buyer |
1/10/80 |
|
Chicago |
3.00
/ $1,000.00 |
Seller |
4/1/08 |
|
Chicago |
3.75
/ $500.00 |
Buyer |
1/9/88 |
| Chicago
Heights |
4.00
/ $1,000.00 |
|
4/1/93 |
| Cicero |
10.00
/ $1,000.00 |
Seller |
7/19/93 |
| Country
Club Hills |
5.00
/ $1,000.00 |
Seller |
4/11/94 |
| Countryside |
flat
fee $50.00 |
Buyer |
8/12/96 |
| Des
Plaines |
2.00
/ $1,000.00 |
Seller |
4/1/88 |
| Dolton |
Need
Water Certification & Building Inspections |
|
|
| East
Hazel Crest |
$25.00 Flat Fee |
Buyer |
|
| Elgin |
|
Seller |
6/1/95 |
| Elk
Grove Village |
3.00
/ $1,000.00 |
Seller |
7/1/88 |
| Elmhurst |
3.00
/ $1,000.00 |
Seller |
|
| Elmwood
Park |
5.00
/ $1,000.00 ($35.00 For Exempt) |
Seller |
|
| Evanston |
5.00
/ $1,000.00 |
Seller |
4/1/87 |
| Evergreen
Park |
3.00
/ $1,000.00 |
Seller |
11/1/86 |
| Franklin
Park |
Fee
Based Structure |
Seller |
|
| Glenwood |
5.00
/ $1,000.00 |
Seller |
6/15/85 |
| Hanover
Park |
3.00
/ $1,000.00 |
|
1/1/97 |
| Harvey |
4.00
/ $1,000.00 |
Buyer |
12/8/97 |
| Harwood
Heights |
10.00
/ $1,000.00 |
Buyer |
2/11/96 |
| Hillside |
3.75
/ $1,000.00 |
Buyer |
9/3/96 |
| Hoffman
Estates |
3.00
/ $1,000.00 |
Seller |
5/1/86 |
| Maywood |
4.00
/ $1,000.00 |
Buyer |
6/12/94 |
| McCook |
|
Seller |
|
| Morton
Grove |
3.00
/ $1,000.00 |
Seller |
2/1/88 |
| Mount
Prospect |
3.00
/ $1,000.00 |
Buyer |
5/1/90 |
| Niles |
3.00
/ $1,000.00 |
|
6/14/93 |
| Norridge |
Requires
Inspection Certificate |
|
10/28/99 |
| Oak
Lawn |
5.00
/ $1,000.00 |
Seller |
1/1/82 |
| Oak
Park |
8.00
/ $1,000.00 |
Seller |
1/19/83 |
| Park
Forest |
3.00
/ $1,000.00 |
Seller |
8/1/89 |
| Park
Ridge |
2.00
/ $1,000.00 |
Seller |
11/1/87 |
| River
Forest |
.50
/ $1,000.00 |
Seller |
7/1/83 |
| River
Grove |
|
|
6/8/84 |
| Rolling
Meadows |
3.00
/ $1,000.00 |
Seller |
|
| Schaumburg |
1.00
/ $1,000.00 |
Seller |
10/1/94 |
| Skokie |
3.00
/ $1,000.00 |
Seller |
9/1/87 |
| Stickney |
5.00
/ $1,000.00 |
Seller |
8/1/90 |
| Stone
Park |
0.50
/ $500.00 |
Seller |
8/16/87 |
| Streamwood |
3.00
/ $1,000.00 |
Seller |
1/23/89 |
| University
Park |
.50
/ $1,000.00 |
Seller |
10/12/88 |
| Westchester |
$25.00
Flat Fee |
|
|
| Wilmette |
3.00
/ $1,000.00 |
Buyer |
2/22/88 |
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. |
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