North & West Suburbs Buyer Transfer Tax Update

by on November 6, 2007 · 0 comments

in Home Buying Tips,Property Taxes

Last year I wrote about the city of Chicago and 11 north and west Chicago suburbs that tax buyers when they purchase a home (see “Chicago and Suburban Buyer Property Transfer Taxes“). Here are some more north and west suburbs to add to the list. Taxes rates are per $1,000 of sale price (e.g. a house that sells for $300,000 with a tax rate of $3 has a buyer transfer tax of $900 (3 * 300). As I mentioned last year, tax rates do change so check current rates before buying.

    Bolingbrook – $7.50 (buyers and sellers split)
    Countryside – $50 flat fee
    Lake Forest – $4

Recommend this on Google

ABOUT THE AUTHOR

Fran BaileyFran Bailey shows, previews and tracks downtown Chicago homes for sale. Fran has been quoted in numerous Chicago and national publications. To schedule showings regardless of broker or to contact Fran email her at fran.bailey@bairdwarner.com or call 773.793.4516. Learn More

Leave a Comment

Previous post:

Next post: