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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 IxclQsCDC2nCEX711rcvrQ==

<SEC-DOCUMENT>0001246360-05-000543.txt : 20050504
<SEC-HEADER>0001246360-05-000543.hdr.sgml : 20050504
<ACCEPTANCE-DATETIME>20050504121048
ACCESSION NUMBER:		0001246360-05-000543
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050502
FILED AS OF DATE:		20050504
DATE AS OF CHANGE:		20050504

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GATX CORP
		CENTRAL INDEX KEY:			0000040211
		STANDARD INDUSTRIAL CLASSIFICATION:	TRANSPORTATION SERVICES [4700]
		IRS NUMBER:				361124040
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		500 W MONROE ST
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60661
		BUSINESS PHONE:		3126216200

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GENERAL AMERICAN TRANSPORTATION CORP
		DATE OF NAME CHANGE:	19750722

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			McGrath Mark G
		CENTRAL INDEX KEY:			0001311010

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-02328
		FILM NUMBER:		05797820

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		(312) 551-3703

	MAIL ADDRESS:	
		STREET 1:		21 SOUTH CLARK STREET
		STREET 2:		SUITE 2900
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60603
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2005-05-02</periodOfReport>

    <notSubjectToSection16>false</notSubjectToSection16>

    <issuer>
        <issuerCik>0000040211</issuerCik>
        <issuerName>GATX CORP</issuerName>
        <issuerTradingSymbol>GMT</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001311010</rptOwnerCik>
            <rptOwnerName>McGrath Mark G</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O 500 W. MONROE ST.</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>CHICAGO</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60661</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>true</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>false</isTenPercentOwner>
            <isOther>false</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <transactionDate>
                <value>2005-05-02</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>836.788</value>
                    <footnoteId id="F2"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>32.565</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1005.7361</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Includes 3.6032 shares acquired pursuant to a dividend reinvestment feature of the GATX Directors Phantom Stock Plan (&quot;Phantom Stock Plan&quot;) and 2.4045 shares acquired pursuant to a dividend reinvestment feature of the Directors Deferred Fee Plan (&quot;Deferred Fee Plan&quot;).</footnote>
        <footnote id="F2">Includes that portion of (a) the quarterly payment of the annual directors fee (437.5864 shares) credited to an account established for each director under the GATX Directors Phantom Stock Plan (&quot;Phantom Stock Plan&quot;) and (b) the annual retainer and meeting fee (399.2016 shares) which the reporting person elected to invest in units of phantom stock under the Directors Deferred Fee Plan (&quot;Deferred Fee Plan&quot;), which in each case will be settled in common stock upon the expiration of the directors service on the Board.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Lisa M. Ibarra, by Power of Attorney on behalf of Mark G. McGrath</signatureName>
        <signatureDate>2005-05-04</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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