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Ohio-Based Investment Firm Acquires 19,000-Square-Foot Retail Center In Skokie For $3.875M

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Arjav (AJ) Patel
Brewster Hague

Illinois

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Retail19,000 SF
Leased 05/04/2026
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Ohio-Based Investment Firm Acquires 19,000-Square-Foot Retail Center In Skokie For $3.875M

8824 Gross Point Road

See Similar Deals
Retail19,000 SF
Leased 05/04/2026
Arjav (AJ) Patel
Brewster Hague
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:Retail
Total Square Footage:19,000 SF

The asset involved in the transaction is a retail center located at 8800-8824 Gross Point Road in Skokie, Illinois. The sale price of the property was $3,875,000. The retail center encompasses a total of 19,000 square feet and was sold at a price per square foot of $204. At the time of the sale, the property was 67% occupied, providing potential for increased returns through leasing of 6,000 square feet of vacant space.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,875,000
  • Address: 8800-8824 Gross Point Road
  • Market: Skokie
  • Square Footage: 19,000
  • Price per Square Foot: $204
  • Occupancy: 67%
  • Vacant Space: 6,000 square feet

The transaction was brokered by Brewster Hague and AJ Patel from Greenstone Partners. They facilitated the sale to an investment firm based in Ohio, offering a value-add opportunity in a supply-constrained suburban market.

Players

Brewster Hague
Greenstone Partners
Brewster Hague
24 deals$71.6M volume
BROKER
Arjav (AJ) Patel
Greenstone Partners
Arjav Patel
8 deals$34.3M volume
BROKER

Details

IMAGE: Brewster Hague & AJ Patel DATE: 05/04/2026 ADDRESS: 8800-8824 Gross Point Road MARKET: Skokie ASSET TYPE: Retail BROKERS: Brewster Hague (@Brewster_Hague) & AJ Patel (@Arjav.Patel) - Greenstone Partners (@GreenstonePartners) SALE PRICE: $3,875,000 SF: 19,000 ~ PPSF: $204 NOTE: Greenstone Partners brokered the $3.875 million sale of Gross Point Crossing, a 19,000-square-foot retail center in Skokie, Illinois, to an Ohio-based investment firm.The property was 67% occupied at the time of the deal, offering the buyer a value-add opportunity to increase returns by leasing 6,000 square feet of vacant space in a supply-constrained suburban market.

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