REAL ESTATE
When the taxes are paid, revenue stamps are issued and attached to the deed or other transfer document.
SOME TRANSACTIONS ARE EXEMPT FROM THE TAX - CONSULT YOUR LAWYER FOR DETAILS
EVEN THOUGH SOME TRANSACTIONS ARE EXEMPT FROM THE TRANSFER TAXES, YOU MIGHT STILL NEED TO PURCHASE AN "EXEMPT" TRANSACTION STAMP! !
| TRANSFER TAXES - COOK COUNTY | |||
| TAX LEVIED | PAID BY | EFFECTIVE DATE | |
| State of Illinois | 0.50 /1,000.00 | Seller | . |
| Cook County | 0.25 /1,000.00 | Seller | . |
| . | . | . | . |
| Alsip | 3.50 /1,000.00 | Seller | 5/1/94 |
| Bartlett | 5/1/94 | ||
| Bedford Park | 50.00 flat fee | Seller | 5/11/96 |
| Bellwood | 5.00 / $1,000.00 | Seller | 7/18/96 |
| Berkley | $25.00 flat fee & water certification | . | 3/1/00 |
| Berwyn | 10.00 / $1,000.00 | Seller | 10/15/93 |
| Buffalo Grove | 3.00 / $1,000.00 | . | 3/1/92 |
| Burbank | 5.00 / $1,000.00 | Seller | 6/13/93 |
| Burnham | 5.00 / $1,000.00 | Buyer | 2/9/85 |
| Calumet City | 7/12/95 | ||
| Calumet Park | 5.00 / $1,000.00 | Buyer | 1/10/80 |
| Chicago | 3.75 / $500.00 1.50 / $500.00 |
Buyer Seller |
1/9/88 3/1/08 |
| Chicago Heights | 4.00 / $1,000.00 | 4/1/93 | |
| Cicero | 10.00 / $1,000.00 | Seller | 7/19/93 |
| Country Club Hills | 5.00 / $1,000.00 | Seller | 4/11/94 |
| Countryside | flat fee $50.00 | Buyer | 8/12/96 |
| Des Plaines | 2.00 / $1,000.00 | Seller | 4/1/88 |
| Dolton | need water cert & bldg inspections | ||
| East Hazel Crest | flat fee $25.00 | Buyer | |
| Elgin | Seller | 6/1/95 | |
| Elk Grove Village | 3.00 / $1,000.00 | Seller | 7/1/88 |
| Elmhurst | 3.00 / $1,000.00 | Seller | |
| Elmwood Park | 5.00 / $1,000.00 ($35.00 for exempt) |
Seller | |
| Evanston | 5.00 / $1,000.00 | Seller | 4/1/87 |
| Evergreen Park | 3.00 / $1,000.00 | Seller | 11/1/86 |
| Franklin Park | fee based on structure | Seller | |
| Glenwood | 5.00 / $1,000.00 | Seller | 6/15/85 |
| Hanover Park | 3.00 / $1,000.00 | 1/1/97 | |
| Harvey | 4.00 / $1,000.00 | Buyer | 12/8/97 |
| Harwood Heights | 10.00 / $1,000.00 | Buyer | 2/11/96 |
| Hillside | 3.75 / $1,000.00 | Buyer | 9/3/96 |
| Hoffman Estates | 3.00 / $1,000.00 | Seller | 5/1/86 |
| Maywood | 4.00 / $1,000.00 | Buyer | 6/12/94 |
| McCook | Seller | ||
| Midlothian | no fee | Seller | 6/1/07 |
| Morton Grove | 3.00 / $1,000.00 | Seller | 2/1/88 |
| Mount Prospect | 3.00 / $1,000.00 | Buyer | 5/1/90 |
| Niles | 3.00 / $1,000.00 | 6/14/93 | |
| Norridge | requires inspection certificate | 10/28/99 | |
| Oak Lawn | 5.00 / $1,000.00 | Seller | 1/1/82 |
| Oak Park | 8.00 / $1,000.00 | Seller | 1/19/83 |
| Park Forest | 3.00 / $1,000.00 | Seller | 8/1/89 |
| Park Ridge | 2.00 / $1,000.00 | Seller | 11/1/87 |
| River Forest | .50 / $1,000.00 | Seller | 7/1/83 |
| River Grove | 6/8/84 | ||
| Rolling Meadows | 3.00 / $1,000.00 | Seller | |
| Schaumburg | 1.00 / $1,000.00 | Seller | 10/1/94 |
| Skokie | 3.00 / $1,000.00 | Seller | 9/1/87 |
| Stickney | 5.00 / $1,000.00 | Seller | 8/1/90 |
| Stone Park | 0.50 / $500.00 | Seller | 8/16/87 |
| Streamwood | 3.00 / $1,000.00 | Seller | 1/23/89 |
| University Park | .50 / $1,000.00 | Seller Seller | 10/12/88 |
| Westchester | flat fee $25.00 | ||
| Wilmette | 3.00 / $1,000.00 | Buyer | 2/22/88 |
