Both buyers and sellers pay closing costs in Illinois, but they pay for very different things. In general, sellers tend to pay more in total because their share includes real estate commissions and transfer taxes. Buyers pay mostly for costs tied to their mortgage and title insurance. If you are buying or selling a home in 2026, working with our Grayslake, IL residential real estate lawyers can help you understand exactly what you will owe before you ever sit down at the closing table.
What Does the Seller Typically Pay When Closing a Home in Illinois?
Sellers in Illinois generally carry the larger share of closing costs. Examples include commissions, transfer taxes, and more.
Real Estate Commissions
The single largest expense for most sellers is the real estate agent commission. In Illinois, the total commission typically runs around five to six percent of the sale price, split between the listing agent and the buyer’s agent. On a $300,000 home, that could be $15,000 to $18,000 coming out of the seller’s proceeds.