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.
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Bolingbrook – $7.50 (buyers and sellers split)
Countryside – $50 flat fee
Lake Forest – $4
ABOUT THE AUTHOR
Fran Bailey shows, previews and tracks downtown Chicago homes for sale giving her the insights needed to help her clients negotiate the best price and terms. Fran has been quoted in numerous Chicago and national publications. To schedule showings of listings regardless of broker or to contact Fran email her at fran.bailey@bairdwarner.com or call 773.793.4516. Learn More
Fran Bailey, Realtor
