Updated Jan 15, 2026
SVN Sells Multi-Parcel Assemblage Unlocking Redevelopment Opportunity In Winnetka
1007 Tower Court, 911 Green Bay Road, 913 Green Bay Road, 907 Green Bay Road, 909 South Green Bay Road , 901 Old Green Bay Road & 905 Green Bay Road
Building Size
—
Asset Type
Development Site
Closing
Jan 15, 2026
About this deal
AI
A development site was sold at 1007 Tower Court, 911-913 Green Bay Road, 907-909 Green Bay Road, and 901-905 Green Bay Road in the market of Winnetka. This transaction included a multi-parcel assemblage and involved four coordinated sales, incorporating Winnetka's last industrial-zoned parcel.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not specified
- Address: 1007 Tower Court, 911-913 Green Bay Road, 907-909 Green Bay Road, and 901-905 Green Bay Road
- Market: Winnetka
- Brokers: John Joyce & Steven Hirsch - SVN
John Joyce and Steven Hirsch represented SVN in this transaction, facilitating the sale to unlock a mixed-use redevelopment opportunity in Hubbard Woods, with SVN now actively marketing the retail component associated with the property.
On the Map
Development Site
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Winnetka Development Site Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93