Transfer Taxes

The State, County and these municipalities all impose taxes on the privilege of buying or selling real estate. Most transfer taxes are assessed based on the sales price.

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 3.00/1,000 Seller 5/1/94
Bedford Park 50.00 flat fee Seller 5/11/96
Bellwood 5.00 / $1,000.00 Seller 7/18/96
Berkley $300 plus .Seller 3/1/00
Berwyn 10.00 / $1,000.00 Seller 10/15/93
Buffalo Grove 3.00 / $1,000.00 Seller. 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 8.00 / $1,000.00 Either 7/12/95
Calumet Park 5.00 / $1,000.00 Buyer 1/10/80
Chicago 3.75 / $500.00
1.25 / $500.00
Buyer
Seller
1/9/88
Chicago Heights 4.00 / $1,000.00 Seller 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 5.00 / $1,000.00 Seller
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 1.50 / $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 5.00 / $1,000.00 Seller 11/1/86
Forest Park inspection requires Seller 10/1/02
Franklin Park fee based on structure Seller
Glenwood 5.00 / $1,000.00 Seller 6/15/85
Hanover Park 3.00 / $1,000.00 Seller 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 7.50 / $1,000.00 Buyer 9/3/96
Hoffman Estates 3.00 / $1,000.00 Seller 5/1/86
Lincolnwood 20.00 flat fee Seller 5/18/06
Maywood 4.00 / $1,000.00 Buyer 6/12/94
Markham 50.00 flat fee Seller 6/1/89
McCook 5.00 / $1,000.00 Seller 6/1/89
Melrose Park unknown Seller 1/1/01
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 Buyer 6/14/93
Norridge requires inspection certificate + 25.00 Seller 10/28/99
Northlake inspection Seller 12/5/05
Oak Lawn 5.00 / $1,000.00 Seller 1/1/82
Oak Park 8.00 / $1,000.00 Seller 1/19/83
Park Forest 5.00 / $1,000.00 Seller 8/1/89
Park Ridge 2.00 / $1,000.00 Seller 11/1/87
Riverdale Village inspection & fee Seller
River Forest 1.00 / $1,000.00 Seller 7/1/83
River Grove fee is property based Seller 6/8/84
Robbins $25 flat fee Buyer 3/26/02
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 4.00 / $1,000.00 Seller 8/16/87
Streamwood 3.00 / $1,000.00 Seller 1/23/89
University Park 1.00 / $1,000.00 Seller 10/12/88
Westchester Inspection certifictae & water bill Seller
Wheeling Transfer Cert Seller 6/13/05
Wilmette 3.00 / $1,000.00 Buyer 2/22/88