This simple calculator can help home sellers in Cook County estimate their transfer taxes. To get a ballpark idea of the transfer fees you might pay in the [location nickname], enter your home’s estimated selling price above.
Need a selling price? Try HomeLight’s free Home Value Estimator to see what your house might be worth. To receive a more accurate listing price, contact a top Cook County real estate agent and request a Comparative Market Analysis (CMA), a report that will compare your home against nearby listed and recently sold properties.
A top real estate agent can provide you with a Seller’s Net Sheet that breaks down all the costs of selling your home, along with an estimate of the proceeds you can expect. Use HomeLight’s free Agent Match platform to find a trusted local agent with excellent reviews and a proven track record.See a full cost and proceeds breakdown
How the Cook County Transfer Tax is Calculated
Cook County’s transfer tax, known as a Real Estate Transfer Tax, is calculated at a rate of $0.50 per $1,000 of the property’s sale price.
For example, if you sold your home for $350,000 (Cook County’s median home price), you could expect to pay $175 in county transfer taxes.
Another Transfer Tax Cook County Sellers Typically Pay
Cook County sellers will also have to pay any state transfer taxes. Illinois charges $0.50 per $1,000 of the property’s sale price.
»Learn more: Understanding Cook County’s Transfer Tax
English (US) · 