Does Schaumburg IL Have a Real Estate Transfer Tax?

Real Estate Agent with Keller Williams Team Realty

Schaumburg Tansfer Tax:  $1 per $1000 of sales price  

Who Typically Pays:   Seller  

Like many municipalites the Village of Schaumburg has imposed a real estate transfer tax.  Schaumburg charges $1 per $1000 of purchase price.  For example on a $300,000 home the transfer tax would be $300.  In Schaumburg this is commonly a fee paid by the seller. 

It should be noted that on certain types of transaction the buyer may end up paying the transfer tax.  Please check with your attorney or real estate agent to make sure if you are a buyer you are not expected to pay. 

For more information you may contact Village of Schaumburg via phone at 847-923-4539.

Your attorney should give you a form that is filled out and you may need to go to the Village to pick up the transfer the Village Hall is located at: 101 Schaumburg Court, Schaumburg, IL 60193-1899 and here is there general phone number 847.895.4500 and fax 847.895.7806.

View Larger Map

Any questions please do not hesitate to contact me for help.

John Ziemba


Learn more about Schaumburg Real Estate or start your search for Homes of Sale in Schaumburg IL


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Real Estate General Information
Illinois Cook County Schaumburg
schaumburg transfer tax
schaumburg il transfer tax
sellers transfer tax

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


John Ziemba

Professional Service for Professional Cleints
Learn how to make the best decesions.
Spam prevention

Additional Information