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4200 W 40th St 44,432 SF Industrial Building Chicago, IL 60632 $75,000,000 ($1,687.97/SF)

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EXECUTIVE SUMMARY

Flexible terms: Available to Purchas or Wholesale Colocation
• Low capital investment compared to expense of building your own facility
• An institutionally built and owned data center
• Disaster proof - designed to withstand hurricane force winds and other natural disasters
• Professionally maintained: maintenance, inspections and replacements routinely performed
• Speed to market - our data center is ready for you to customize and move into
• Leverage the Cogent backbone for customer connectivity, or use other carriers
• Available wave services to provide low-latency connectivity to your other facilities

PROPERTY FACTS

Price $75,000,000
Price Per SF $1,687.97
Sale Type Investment or Owner User
Sale Condition Lease Option
Property Type Industrial
Property Subtype
Building Class C
Lot Size 2.63 AC
Rentable Building Area 44,432 SF
No. Stories 1
Year Built 1988
Tenancy Single
Zoning 5-93

AMENITIES

  • Raised Floor

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Information
  • -
  • -
  • -

Cogent Communications was founded on the principle that bandwidth could be commoditized—produced at scale and sold based on price. By leveraging innovative technologies, Cogent built its own IP data network, independent of the traditional voice-based infrastructure owned by regional bell operating companies (RBOCs). This strategic move enabled the company to deliver high-quality bandwidth at unprecedented cost efficiency. Today, Cogent is recognized as one of the world’s largest carriers of Internet traffic, offering Internet access and data transport over its award-winning, fiber-optic, IP-only network.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Information - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-03-200-026-0000
Land Assessment
$285,428
Improvements Assessment
$408,323
Total Assessment
$693,751
  • Listing ID: 34716606

  • Date on Market: 2/4/2025

  • Last Updated:

  • Address: 4200 W 40th St, Chicago, IL 60632

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