Home Illinois closing costs Chicago Real Estate Transfer Tax Calculator
Calculator · Illinois
Chicago Real Estate Transfer Tax Calculator
A Chicago closing carries four stamps: city, CTA, state and county. Enter the price and see each stamp and who pays it.
Chicago and Illinois stamps
| Stamp | Rate | Customary payer |
|---|---|---|
| Chicago — city portion | $3.75 per $500 | Buyer |
| Chicago — CTA portion | $1.50 per $500 | Seller |
| State of Illinois | $0.50 per $500 | Seller |
| Cook County | $0.25 per $500 | Seller |
Figures are drawn from the same rate book the calculator runs on.
Questions
Frequently asked
What is the Chicago transfer tax rate?
The city portion is $3.75 per $500, paid by the buyer, and the CTA portion is $1.50 per $500, paid by the seller.
Are state and county stamps added in Chicago?
Yes. The State of Illinois charges $0.50 per $500 and Cook County $0.25 per $500, both customarily paid by the seller.
