WINNETKA, ILL. — SVN Chicago Commercial has negotiated the sale of a multi-parcel assemblage anchored at 911 Green Bay Road in the Chicago suburb of Winnetka, creating a mixed-use redevelopment opportunity in the city’s Hubbard Woods business district. The assemblage includes 1007 Tower Court, 911-913 Green Bay Road, 907-909 Green Bay Road and 901-905 Green Bay Road.
John Joyce and Steven Hirsch of SVN Chicago brokered the transaction. One of the four properties sold was the last industrial-zoned parcel in Winnetka, marking a pivotal shift in land use. According to SVN, the last major redevelopment in the Hubbard Woods business district occurred in 1980 with McDonald’s. In recent years, the village has completed streetscape and infrastructure improvements, rebranding the corridor as the Hubbard Woods Design District.
The assemblage required four coordinated sales across multiple ownership groups and legal teams. SVN was the only broker involved and has been retained to market the retail component of the redevelopment.