SVN Chicago Commercial Facilitates Sale of 105-Unit Senior Housing Property

SVN Chicago Commercial Facilitates Sale of 105-Unit Senior Housing Property
SVN Chicago Commercial Facilitates Sale of 105-Unit Senior Housing Property

SVN Chicago Commercial Facilitates Strategic Multi-Parcel Sale in Winnetka

SVN Chicago Commercial has completed the sale of a key multi-parcel assemblage located at 911 Green Bay Road in Winnetka, Illinois. The transaction presents a rare mixed-use redevelopment opportunity within the Hubbard Woods business district.

Handled exclusively by John Joyce, CCIM, SIOR, and Steven Hirsch of SVN Chicago Commercial, the sale includes four parcels: 1007 Tower Court, 911-913 Green Bay Road, 907-909 Green Bay Road, and 901-905 Green Bay Road. One of the four properties was the last industrial-zoned parcel in the Village of Winnetka, marking a significant shift in zoning alignment to match evolving market demands in this high-barrier North Shore community.

“This assemblage required four coordinated sales across multiple ownership groups and legal teams. SVN was the only broker involved, delivering a seamless execution of a highly complex transaction,” said Joyce.

SVN Chicago Commercial has also been retained to market the retail portion of the impending redevelopment, contributing to the area’s vision of a revitalized, design-focused mixed-use destination.

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Connect CRE is once again recognizing Commercial Real Estate’s leading investment sales and leasing brokers as part of its annual Top Broker Awards. Now in its ninth year, the initiative honors standout professionals based on their accomplishments over the past year. Nominations are currently open.

This article was originally published by Connect CRE.

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