Chicago Metropolitan Area - 2026 Transfer Taxes
Municipal Level
Taxing District | Primary Liability | Amount of Tax | Address | Telephone | Comments | Link to Website |
|---|---|---|---|---|---|---|
Oak Forest | N/A | No Transfer Tax- See Comment for Fees | 15440 S. Central Ave. Oak Forest, IL 60452 | (708) 687-4050 | Requirement that Seller provide proof to Buyer that all water bills are paid. No Transfer Tax or stamp imposed as of 6-27-07 | |
Oak Lawn | Seller | 5.00/1000 | 9446 Raymond Oak Lawn, IL 60453 | (708) 636-4400 | Water bill and village debts must be paid Final water reading 3 days prior to closing has local form provide copy of deed at least 7 days prior to closing no personal checks exempt letter required for exempt transaction. | |
Oak Park | Seller | 8.00/1000 | 123 Madison St. Oak Park, IL 60302 | (708) 383-6400 | Final water and sewer reading inspection required if 4+ units has local form copy of contract and unsigned deed required $30 exempt stamp. Email local form, contract, and deed to waterbilling@oak-park.us before obtaining stamp. | https://www.oak-park.us Local Form: https://www.oak-park.us/files/assets/oakpark/v/1/finance/2023-03-13-real_estate_transfer_tax_form.pdf |
Olympia Fields | Seller | No Transfer Tax – See Comment for fees | 20040 Governors Hwy. Olympia Fields, IL 60461 | (708) 503-8000 | Final water bill paid $50 inspection (good for 1 year) | |
Oswego | Buyer | 3.00/1000 | 100 Parkers Mill
Oswego, IL 60543 | (630) 554-3618 | Transfer tax does not apply to current Oswego residents moving within Oswego as long as they’ve lived in their residence for a year or more. Must submit online request; PTAX required; Any open invoices must be paid; original deed required; has exempt stamp. | Transfer tax does not apply to current Oswego residents moving within Oswego as long as they’ve lived in their residence for a year or more. Must submit online request; PTAX required; Any open invoices must be paid; original deed required; has exempt stamp. |
Palatine | A portion of Palatine is within Rolling Meadows Jurisdiction and subject to Rolling Meadows Real Estate transfer tax. Sellers of Palatine property paying Rolling Meadows water are subject to this transfer tax or see page 4 of the RM transfer tax declaration. | Link for those Palatine addresses affected by RM transfer tax (page 4): http://ilrollingmeadows.civicplus.com/DocumentCenter/Home/View/211 | ||||
Palos Hills | Seller | No Trasfer Tax – See Comment for fees | 10335 S. Roberts Rd. Palos Hills, IL 60465 | (708) 598-3400 | Final water bill paid $50 permit charge to seller inspection required on all properties – schedule 2 weeks prior to closing. | |
Park Forest | Seller | 5.00/1000 | 350 Victory Drive Park Forest, IL 60466 | (708) 748-1112 | Sums due must be paid $100 inspection required has local form $15 exempt stampNo personal checks over $15. | |
Park Ridge Rev 7-11-17 | Seller | 2.00/1000 | 505 Butler Place Park Ridge, IL 60068 | (847) 318-5289 | Requirements that must be provided in advance - Full size survey, deed, MyDec/Ptax and title commitment (added 7-11-17)Water bill must be paid zoning inspection required has local form City requiring stamps for Sheriff’s deeds coming out of a foreclosure (added 7-1-10) $25 exempt stamp. | |
Peoria | Seller Customary | 2.50/1000 | 419 Fulton Room 100 Peoria, IL 61602 | (309) 494-8545 | Original notarized deed must be submitted has local form has exempt stamp. | |
Posen | Seller | No Transfer Tax - See Comment for Fees | 2440 W. Walter Zimny Dr. Posen, IL 60469 | (708) 385-0139 | Ordinance requires notice to village clerk of intent to sell any residential property village debts paid; $150 village inspection fee to seller Certificate of Compliance. | |
Richton Park | Seller | No Transfer Tax – See Comment for Fees | 4455 Sauk Trail Richton Park, IL 60471 | (708) 481-8950 | All village debts paid Inspection required ($50 for condo, $75 for single family/townhome, $100 commercial) Must file Occupancy Inspection Application and then schedule inspection 14 days prior to closing. | |
River Forest | Seller | 1.00/1000 | 400 Park Avenue River Forest, IL 60305 | (708) 366-8500 | Water reading required; inspection required; has local form; zoning inspection; Inspections: Mon. & Thurs.; Has exempt stamp (original deed and grantor/grantee statement required). No fee for exempt stamp. | https://www.vrf.us Local Form: https://www.vrf.us/forms/form/41 |
River Grove | Seller | No Transfer Tax - See Comment for Fees | 2621 N. Thatcher Ave. River Grove, IL 60171 | (708) 453-8000 | $50.00 flat fee for single family $100 flat fee for commercial $25 flat fee plus $25 for each unit for apt. bldg Water bill and other obligations must be paid copy of deed, survey, and PTAX required Inspection required has local form. | |
Riverdale | Seller | No Transfer Tax - See Comment for Fees | 157 W. 144TH St. Riverdale, IL 60827 | (708) 841-2200 | All village debts paid $200 inspection Must submit application 14 days prior to closing copy of deed and termite inspection required has exempt stamp (inspection required). | |
Riverside | Both | No Transfer Tax – see comments | 27 Riverside Rd. Riverside, IL 60546 | (708) 447-2700 | Must provide updated survey (within 6 mos.), final inspection and water reading. Start the process 2-3 weeks prior to closing. Cert of Compliance w/Zoning Code and deed must be stamped prior to close. Cost is $325. Has $5 exempt stamp. For exempt stamp need original deed and letter supporting exemption. | |
Robbins | Buyer | No Transfer Tax - See Comment for Fees | 3327 W. 137th St. Robbins IL 60472 | (708) 385-8940 | Inspection required - $25 stamp fee and $80 inspection fee – both Seller fees | |
Rolling Meadows | Seller | 3.00/1000 | 3600 Kirchoff Rolling Meadows, IL 60008 | (847) 394-8500 | Water bill and village debts must be paid copy of deed and PTAX required has local form $50 fee for exempt stamp. | |
Romeoville Rev. Jan 2017 | Buyer | 3.50/1000 | 13 Montrose Dr.
Romeoville, IL 60446 | (815) 866-7200 | Water bill and village debts must be paid local clearance letter issued by Village original deed and PTAX required $40 exempt stamp. | |
Schaumburg | Seller | 1.00/1000 | 101 Schaumburg Ct. Schaumburg, IL 60193 | (847) 895-4500 | Water bill must be paid copy of contract and legal description required PTAX required has local form $10 exempt stamp. |
