Naperville, IL real estate: buy or sell with a local AXEN agent
In Naperville the buyer buys the city transfer stamp, not the seller. Inside city limits the city also runs your electric, not ComEd. And the town sits in two counties, DuPage and Will, so your county sets who assesses the home and who sends the tax bill.
What are the popular neighborhoods in Naperville?
Popular Naperville neighborhoods include Downtown Naperville, Historic District, Cress Creek, White Eagle, Tall Grass and Ashbury. Each one prices differently, so ask your agent for recent sales in the ones you like.
Also near Naperville:
What should you know before buying a home in Naperville?
In Naperville the buyer pays the city transfer stamp, at $1.50 for each $500 of price. Inside city limits the city runs your electric and water, and short-term rentals are banned. Check if the home is in DuPage or Will County, because that sets your tax office.
The rules that apply everywhere in Illinois are on the Illinois page. These are the Naperville details that trip people up.
Get pre-approved →- The buyer pays the city stamp. Naperville charges $1.50 for each $500 of price, rounded up to the next $500. By city rule the buyer buys this stamp. It is on top of the state and county stamps.
- Only homes inside city limits need it. The city stamp applies only to homes in incorporated Naperville. Some homes with a Naperville mailing address are not in the city. The city has an address tool to check before you budget.
- The city runs your power and water. Inside city limits, Naperville gives you electric, water and wastewater. Outside the city, ComEd gives you power. Gas comes from Nicor either way. Send the move-in form 2 to 5 business days before you need service. A deposit may be due.
- You cannot rent it out for short stays. Naperville banned short-term home rentals in 2020 under Ordinance 20-087. Fines start at $1,000 a day. Do not buy here counting on nightly rental income.
- Check which county the home is in. Part of Naperville is in DuPage County and part is in Will County. Each county has its own assessor, tax bill and appeal dates. Both reassess every 4 years, with 2023 a general year and 2027 the next one.
What should you do before selling a home in Naperville?
Before you sell in Naperville, ask the city for the Statement of Open Accounts at least 7 business days before closing. Stamp packets can take up to 7 business days. A trust or name change still needs a free exempt stamp.
Ask for the Statement of Open Accounts early.
The city wants this request no later than 7 business days before closing. Late requests can push your date.
Plan for up to 7 business days.
Stamp packets online or in person can take up to 7 business days to process. Your buyer needs the contract or PTAX form signed by both sides plus a copy of the deed.
Exempt deeds still need a stamp.
A trust change, name change or refinance needs an exempt stamp. There is no fee for it, but the deed will not record without it.
Naperville real estate questions
Who pays the Naperville transfer tax?
The buyer. The city charges $1.50 for each $500 of price, rounded up to the next $500. This is separate from the state and county stamps, which the seller usually pays.
Is every Naperville address inside the city?
No. The stamp and city services apply only inside city limits. Some homes with a Naperville mailing address are not in the city. Use the city's address tool or ask your agent before you budget.
Can I Airbnb my Naperville home?
No. The City Council banned short-term home rentals in 2020 under Ordinance 20-087. Fines are $1,000 a day, and $2,500 a day for a repeat within 12 months.
Who do I call to turn on the lights?
Inside city limits, the City of Naperville. It runs electric, water and wastewater. Fill out the city's move-in form 2 to 5 business days before you need service. Outside the city, power comes from ComEd.
Is Naperville in DuPage or Will County?
Both. The north part is in DuPage and the south part is in Will. Your county decides who assesses the home, who mails the tax bill and when you can appeal. Check the parcel number, not the mailing address.
Buying or selling in Naperville? Talk to a local agent.
An AXEN agent who works in Naperville answers your questions for free. No cost to talk. No pressure to sign anything.