Illinois Real Estate Transfer Tax (2026)
Illinois's real estate transfer tax is 0.15% state + 0.05% county at the state level, which comes to about $800 on a $400,000 home. It's customarily paid by the seller and collected at closing when the deed is recorded. The state rate rose to $0.75/$500 on July 1, 2026. Every county adds $0.25/$500, and home-rule cities pile on — Chicago is ~1.05%.
Verified July 2026 from official sources. How we verify fees.
The transfer tax in Illinois
- Rate: 0.15% state + 0.05% county (state portion)
- On a $400,000 home: ~$800 (state-level)
- Who customarily pays: Seller
- Local county/city add-on: Yes — check your city/county
Good to know
The state rate rose to $0.75/$500 on July 1, 2026. Every county adds $0.25/$500, and home-rule cities pile on — Chicago is ~1.05%. The transfer tax is paid once, at closing, when the deed is recorded — it's separate from your annual property tax. Because counties or cities in Illinois add their own, your total can be higher than the state figure above — confirm the local rate for your city. Compare every state on our transfer tax by state ranking.
Frequently asked questions
How much is the real estate transfer tax in Illinois?
0.15% state + 0.05% county at the state level (plus any local add-on) — about $800 on a $400,000 home.
Who pays the transfer tax in Illinois?
By custom, the seller pays it, though it's usually negotiable in the purchase contract.
Does Illinois have local (city or county) transfer taxes?
Yes — some counties or cities in Illinois add their own transfer tax on top of the state rate, so confirm your specific city and county.