Essex Realty Group, LLC has been exclusively engaged to market for sale 990 Green Bay Road, located in the exclusive Hubbard Woods Commercial District in Winnetka, Illinois, one of Chicago’s premier North Shore communities.
The Property consists of seven (7) office suites and two (2) ground-floor retail spaces, as well as a separate one-bedroom/one-bathroom cottage situated behind the commercial building. The two retail units—approximately 1,400 and 1,650 square feet—anchor the building’s street presence, while the upstairs office suites range from approximately 240 to 900 square feet, offering flexible configurations well suited to professional and service-oriented tenants.
The Property benefits from its proximity to the Metra Union Pacific North Line—with the Hubbard Woods station located just steps away—which parallels Green Bay Road and provides direct commuter service to downtown Chicago, as well as to the boutique shopping and dining of Winnetka. Winnetka’s affluent demographics and limited commercial supply support durable tenant demand and long-term rent growth.
Winnetka is one of Chicago’s most affluent North Shore suburbs, set along Lake Michigan about 16 miles north of downtown in New Trier Township. Home to roughly 12,400 residents, it ranks among the wealthiest communities in the U.S. — second among Illinois municipalities on Bloomberg’s Richest Places Index — with median household income above $250,000 and a median home value approaching $2 million. The village is overwhelmingly owner-occupied (92% homeownership), anchoring an exceptionally stable, high-spending consumer base drawn generation after generation by nationally top-ranked New Trier High School. Daily life centers on two walkable commercial districts — downtown Winnetka and Hubbard Woods — where boutique retailers, restaurants, and professional-service tenants serve a captive, high-income clientele along the Green Bay Road corridor. With a built-out land base and stringent zoning rendering new commercial development virtually nonexistent, this scarcity of supply — paired with deep-rooted demand and seamless access to downtown via three Metra UP-North stations — gives mixed-use and commercial investors a durable demand base and meaningful protection against occupancy and rent erosion.
- Seven office suites, two ground-floor retail spaces, plus a separate one-bedroom/one-bathroom cottage behind the commercial building
- Two retail units anchor the building’s street presence along the Green Bay Road corridor; flexible upstairs office suites suit professional and service-oriented tenants
- Located in the exclusive Hubbard Woods Commercial District
- Steps from the Metra UP-North Hubbard Woods station, with direct commuter service to downtown Chicago