True Mortgage Cost

Illinois Mortgage Guide

Everything you need to know about getting a mortgage in Illinois: property tax landscape, closing costs, and first time buyer programs.

At a glance

Illinois by the numbers

Median home value
$250,000
Effective property tax rate
2.07%
Median annual property tax
$5,055
Avg. homeowners insurance
$1,650/yr
Transfer tax
0.100%
Attorney required at closing
No

Tools

Illinois calculators