Real Estate Transfer Tax

Tax Rate

The Real Estate Transfer Tax was implemented in May of 1992 at an original rate of $3 per $1,000 increment of value on the sale or transfer of real estate within the City. The rate was reduced in May of 1995 and remains at $1.50 per $1,000.

Tax Refunds

Pursuant to Elmhurst Municipal Code, Real Estate Transfer Tax refunds are available if the payer of the tax previously owned and occupied a home in Elmhurst and within 180 days of the closing, purchases and occupies a new residence in Elmhurst.

Steps for Closing on a Sale of Property in Elmhurst

Real Estate Transfer Resources