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Chicago & Midwest  + North Side  + Retail  | 

Greenstone Arranges Irving Park Sale for Adaptive Reuse

Greenstone Partners has arranged the sale of a single-tenant property in Irving Park on Chicago’s Northwest Side. The $2.05-million sale was brokered by Greenstone senior director Brewster Hague, who represented the seller, a funeral home operator, and procured the buyer. 

“This was a rare, adaptive reuse opportunity located just down the road from the planned $150-million Northwestern Medicine Advanced Outpatient Care Center in Old Irving Park, which broke ground earlier this year,” said Hague. “The buyer, a funeral home operator, saw and took advantage of the chance to acquire a premier urban infill land site that will soon reap the transformational benefits Northwestern Medicine will have on the neighborhood.” 

The 17,260-square-foot building is located on a 27,723-square-foot section of property at 3914-3920 W. Irving Park Rd., with 220 feet of prime frontage on Irving Park Road and 123 feet of frontage on Springfield Avenue. 

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Greenstone Partners' Hague

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition