Chicago · Commercial sale
BR Diversified Industrial Portfolio 9, DST a Delaware Statutory Trust buys 1175 S Wheeling Rd in Wheeling for $16.8 million
An industrial building at 1175 S Wheeling Rd, Wheeling sold for $16,800,000 on June 24, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $16,800,000
- Sold
- June 24, 2026
- Property type
- Industrial building
- Lot size
- 386,116 sq ft
An industrial building at 1175 S Wheeling Rd in Wheeling sold for $16,800,000 on June 24, 2026, according to the Cook County Assessor's sales records. The price represents a 74% jump over the property's $9,650,000 sale in 2023.
The 8.86-acre lot changed hands between IV5 1175 Wheeling Road LLC, a Delaware Limited Liability Company, as the seller and BR Diversified Industrial Portfolio 9, DST, a Delaware Statutory Trust, as the buyer.
What this sale costs to close
What does closing cost at this price? Under Cook County custom the seller's larger charges are $35,075 for the owner's title insurance policy and $16,800 for the state real estate transfer tax. The seller's estimated net is $16,569,224 before brokerage commissions and any loan payoff. A cash buyer would need about $16,632,356 at closing.
Source: Cook County Assessor, parcel sales (Cook County Open Data), document 2619023001. 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.
