JD3 Property Secures $7M Loan For 87,000 SF Industrial Property In Cicero | 1331 S. 55th Court⁠, Cicero, IL 60804 | Prabhat Jayara, Heather Madsen | Industrial | Loan

Summary

Loan

ILLINOIS

Industrial

87,000 sqft

The industrial property located at 1331 S. 55th Court in Cicero has recently undergone a closed transaction. The property spans an area of 87,000 square feet and consists of 997 units. The landlord of the property is JD3 Property.

Summary of transaction details

Property Type: Industrial
Transaction Amount: $7,000,000
Loan Amount: $7,000,000
Loan Terms: 36-month

The deal was facilitated by brokers Prabhat Jayara and Heather Madsen from Mag Mile Capital. They represented the buyer and seller in the transaction. The loan amount for the deal was set at $7,000,000 with a loan term of 36 months.

Players

All
3

Agents
2
Agencies
1

Prabhat Jayara

Vice President, Underwriting & Originations

Heather Madsen

Senior Vice President

Mag Mile Capital

Details

Deal Summary

FINANCED

IMAGE: Prabhat Jayara & Heather Madsen⁠ DATE: 12/21/2020⁠ ADDRESS: 1331 S. 55th Court⁠ MARKET: Cicero⁠ ASSET TYPE: Industrial⁠ SF: 87,000⁠ UNITS: 997⁠ ⁠ LANDLORD: JD3 Property⁠ BROKERS: Prabhat Jayara & Heather Madsen - Mag Mile Capital⁠ ⁠ LOAN AMOUNT: $7,000,000⁠ LOAN TERMS: 36-month⁠

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Address1331 S. 55th Court⁠, Cicero, IL 60804

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