Closing Cost Calculator for Illinois: Seller Averages
This free calculator can help home sellers in Illinois estimate their closing costs and net proceeds. To get a ballpark idea of the cost of selling a house in the Prairie State, enter the information for each of the input fields above. You can see typical or state averages for most Illinois seller closing costs below.
Home Selling Price: $286,000
How does your home compare to the state’s median selling price of $286,000? To determine your listing price, you can:
- Get a preliminary estimate with HomeLight’s free Home Value Estimator
- Request a Comparative Market Analysis (CMA) from a top Illinois agent
- Purchase a pre-listing home appraisal (typically $550 in Illinois)
- Visit this HomeLight map link to compare recently sold homes in Illinois
Mortgage Payoff Amount: $197,904
According to the credit experts at Experian, the average mortgage balance for Illinois homeowners is $197,904. To find your exact payoff amount, check your latest mortgage statement or contact your mortgage servicer.
Listing Agent Fee: $7,150–$8,580
A typical listing agent commission in Illinois is 2.5% to 3% of the home’s selling price. On a $286,000 house, your agent’s fee might range from $7,150–$8,580.
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