Bank Of America Provides $10.5M Loan For Development Site In Chicago

6542 North Clark Street

Development Site

46,875 SF

Financed 1 year ago

Summary

Loan

ILLINOIS

Development Site

46,875 sqft

A development site located at 6542 N. Clark Street in Chicago has recently been involved in a transaction.

Summary of transaction details:

Property Type: Development Site
Transaction Amount: $10,500,000
Address: 6542 N. Clark Street
Market: Chicago
Asset Type: Development Site
Square Footage: 107,000

The lender for this transaction was Bank of America, and the landlord is @United_Group_development.

The loan amount for this transaction was $10,500,000 with a fixed interest rate of 3.25%.

For more information, visit: UnitedGroupDevelopment.com.

Players

All
1

Lenders
1

Bank of America

Details

Deal Summary

FINANCED

IMAGE: Michael Dobrov DATE: 01/07/2021 ADDRESS: 6542 N. Clark Street MARKET: Chicago ASSET TYPE: Development Site SF: 107,000 LENDER: Bank of America LANDLORD: @United_Group_development LOAN AMOUNT: $10,500,000 LOAN TERMS: 3.25% NOTE: For more info - visit: UnitedGroupDevelopment.com

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Address6542 North Clark Street

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