Exchange Cost Estimator
Calculate QI fees, escrow costs, title insurance, recording fees, and other closing costs for your 1031 exchange. Use this tool to budget for your exchange transaction.
Exchange Cost Estimator
Calculate QI fees, escrow costs, title insurance, recording fees, and other closing costs for your 1031 exchange.
The value of the property in the exchange
Typical range: 0.5% - 1.5% of property value
Escrow or closing agent fees
Typical range: 0.5% - 1.0% of property value
Recording fees vary by county. Illinois does not impose a state real estate transfer tax.
Cost Components
- QI Fee: Qualified Intermediary fees typically range from 0.5% to 1.5% of property value.
- Escrow Fee: Closing agent or escrow company fees vary by transaction size and complexity.
- Title Insurance: Protects against title defects. Rates vary by state and property value.
- Recording Fees: County recording fees for deed and mortgage documents. Illinois does not impose a state real estate transfer tax.
Educational content only. Not tax, legal, or investment advice. Results are estimates only. Consult a qualified intermediary and tax advisor before making decisions. Illinois does not impose a state real estate transfer tax. Recording fees and title insurance premiums still apply.
Related Resources
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Contact our team to discuss your 1031 exchange needs in Chicago, IL. We'll help you navigate the 45-day identification deadline and 180-day closing requirement.