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Greenstone Partners Represents Michigan Development Firm In $2.8M Retail Sale In Chicago

Property Image
SOLD
$2,800,000
Brewster Hague
Tommy (Tom) Galvin

Illinois

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Retail11,300 SF
Sold 12/15/2025
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Property Image
SOLD

Greenstone Partners Represents Michigan Development Firm In $2.8M Retail Sale In Chicago

1419 West Diversey Parkway

See Similar Deals
Retail11,300 SF
Sold 12/15/2025
Brewster Hague
Tommy (Tom) Galvin
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:Retail
Price Per Square Foot:$247
Total Square Footage:11,300 SF
Transaction Type:Sale

The property involved in the transaction is a retail redevelopment site located at 1419 West Diversey Parkway in Chicago’s Lincoln Park neighborhood. The asset comprises a two-story building with a total square footage of 11,300. It was sold for a transaction price of $2,800,000, translating to a price per square foot of $248.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,800,000
  • Address: 1419 West Diversey Parkway
  • Market: Chicago
  • Square Footage: 11,300
  • Price per Square Foot: $248
  • Broker Representatives: Brewster Hague & Tom Galvin - Greenstone Partners

The transaction was brokered by Greenstone Partners, with Brewster Hague and Tom Galvin representing the buyer, a Michigan-based real estate development firm. The building was previously utilized as the headquarters and commissary for Rosebud Restaurants.

Players

Brewster Hague
Greenstone Partners
Brewster Hague
24 deals$71.6M volume
BROKER
Tommy (Tom) Galvin
Greenstone Partners
Tommy Galvin
8 deals$21M volume(630) 748-9416
BROKER
Greenstone Partners
Greenstone Partners
BROKERAGE

Details

SOLD
IMAGE: Brewster Hague & Tom Galvin DATE: 12/15/2025 ADDRESS: 1419 West Diversey Parkway MARKET: Chicago ASSET TYPE: Retail BROKERS: Brewster Hague (@Brewster_Hague) & Tom Galvin - Greenstone Partners (@GreenstonePartners) SALE PRICE: $2,800,000 SF: 11,300 ~ PPSF: $248 NOTE: Greenstone Partners brokered the sale of a retail redevelopment site at 1419 W. Diversey Parkway in Chicago’s Lincoln Park neighborhood.The 11,300-SF, two-story building—formerly home to Rosebud Restaurants’ headquarters and commissary—sold to a Michigan-based real estate development firm, with Brewster Hague and Tom Galvin representing the buyer.

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Debt Service Coverage Ratio (DSCR)

0.94x

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