Chicago · Commercial sale
Industrial building at 4200 W 40th St in Chicago sells for $18.5 million
An industrial building at 4200 W 40th St, Chicago sold for $18,500,000 on June 29, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $18,500,000
- Sold
- June 29, 2026
- Property type
- Industrial building
- Lot size
- 114,171 sq ft
An industrial building at 4200 W 40th St in Chicago sold for $18,500,000, a price 6.7 times the market value on record. The sale closed June 29, 2026, according to the Cook County Assessor's sales records.
The Assessor's records put that market value at $2,775,004. They also show the property sits on a 2.62-acre lot.
An aerial photo of the property shows its setting: industrial buildings surround it.
What this sale costs to close
What does closing cost at this price? Under Cook County custom the seller's larger charges are $55,500 for the chicago transfer tax (CTA portion) and $38,475 for the owner's title insurance policy. The seller's estimated net is $18,185,336 before brokerage commissions and any loan payoff. A cash buyer would need about $18,448,668 at closing.
Source: Cook County Assessor, parcel sales (Cook County Open Data), document 2619002147. 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.
