Chicago · Commercial sale

Industrial building at 1015 W Pershing Rd in Chicago sells for $5 million

An industrial building at 1015 W Pershing Rd, Chicago sold for $5,000,000 on July 31, 2026. See the seller and buyer net sheets for this sale.

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Aerial view of 1015 W Pershing Rd, Chicago with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: Cook County Assessor. The photo can predate the sale.
Sale price
$5,000,000
Sold
July 31, 2026
Property type
Industrial building
Lot size
219,821 sq ft

The industrial building at 1015 W Pershing Rd in Chicago sold for $5,000,000 on July 31, 2026 — 65% above its market value on record — according to the Cook County Assessor's sales records.

The Assessor's records show a 5.05-acre lot and a market value of $3,023,004. The deed conveys 2 parcels; 1015 W Pershing Rd is the largest one identified.

What this sale costs to close

What does closing cost at this price? Under Cook County custom the seller's larger charges are $15,000 for the chicago transfer tax (CTA portion) and $11,475 for the owner's title insurance policy. The seller's estimated net is $4,903,689 before brokerage commissions and any loan payoff. A cash buyer would need about $4,978,021 at closing.

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1015 W Pershing Rd, Chicago, IL.

Source: Cook County Assessor, parcel sales (Cook County Open Data), document 2622316071. Property details: Cook County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.

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