Closing costs are one of the most common surprises for sellers, especially if it has been several years since their last sale. After 23 years as a real estate professional and as Broker Owner at Helen Oliveri Real Estate, I make sure Mundelein sellers understand closing costs early so there are no last minute questions. In Lake County IL real estate 2025, clarity upfront leads to smoother closings.
With over 3000+ homes sold and 311 Google 5-star reviews, I have guided sellers through thousands of transactions. While closing costs vary slightly from sale to sale, most follow a predictable structure.
Typical Seller Closing Costs in Mundelein
Real estate commissions
Commission is often the largest closing cost for sellers. It covers professional marketing, negotiation, transaction management, and exposure to qualified buyers. At Helen Oliveri Real Estate, commission is tied to strategy and service, not just listing a home.
Transfer taxes and recording fees
In Illinois, sellers typically pay state, county, and local transfer taxes. In Mundelein, these fees are based on the sale price and are standard across transactions.
Attorney and title related fees
Illinois is an attorney review state, so sellers generally have legal representation. Title related fees may also apply depending on the transaction structure.
Other Costs Sellers Should Plan For
Prorated property taxes
Property taxes are prorated through the day of closing. Since Lake County IL homes for sale often use estimated tax figures, this can affect your final net proceeds.
Credits negotiated during inspection
Repair credits or concessions negotiated after inspection may also impact your bottom line. Preparation before listing can help reduce these surprises, which is why I often recommend this resource:
https://helenoliveri.com/preparing-your-home-for-a-hot-market/
How Pricing and Strategy Affect Net Proceeds
Pricing accuracy influences more than just buyer interest. It impacts negotiations, inspection requests, and ultimately your net. Sellers frequently review this guide when evaluating both pricing and closing costs together:
https://helenoliveri.com/your-guide-to-pricing/
As a 23 year veteran real estate agent, I remind sellers that the goal is not just the sale price, but the net proceeds after closing.
Planning Ahead Creates Confidence
Understanding closing costs allows you to plan your next move with confidence. If you are also buying in Lake County IL 2025, knowing your net helps you make informed decisions.
Helen Oliveri real estate focuses on transparency, preparation, and helping Mundelein sellers move forward without surprises.
Helen Oliveri
Broker Owner | Helen Oliveri Real Estate
23 year veteran real estate agent
Over 3000+ homes sold | 311 Google 5-star reviews
Contact Helen Oliveri at Helen Oliveri Real Estate | (847) 401-0136 | www.helenoliverirealestate.com/ for a FREE 2025 Market Strategy Session