Mag Mile Capital Provides $1.15M Loan For Industrial Property In Skokie

Located at 5115 Church Street in Skokie, this industrial property spans a total of 30,500 square feet. The asset type is industrial, making it suitable for various commercial and business purposes.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $1,150,000
• Address: 5115 Church Street, Skokie
• Market: Skokie
• Loan Amount: $1,150,000
• Lender: Mag Mile Capital - Cody Harper
• Loan Terms: 3.95% fixed interest rate, ten-year loan term, and fifteen-year amortization schedule

The loan for this transaction was provided by Mag Mile Capital, with Cody Harper representing the lending agency. The loan amount was $1,150,000, and it comes with favorable terms, including a fixed interest rate of 3.95%, a ten-year loan term, and a fifteen-year amortization schedule. These terms provide stability and affordability for the borrower.