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2315 North Milwaukee Avenue
FINANCED

American Street Capital Arranges $8.2M Bridge Loan For Mixed-Use Property In Logan Square, Chicago

2315 North Milwaukee Avenue

Mixed-use
27,650 SF
clock iconFinanced 1 year ago
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Summary

Loan
ILLINOIS
Mixed-use
27,650 sqft

A bridge loan in the amount of $8,175,000 has been secured for a mixed-use property located at 2315 N Milwaukee Ave in Logan Square, Chicago. The property consists of 37 units.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $8,175,000
  • Address: 2315 N Milwaukee Ave
  • Market: Logan Square, Chicago
  • Units: 37

Igor Zhizhin of American Street Capital represented the parties involved in the deal as the broker.

The bridge loan obtained for this transaction is a non-recourse 3-year floating term loan with interest-only payments.

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Igor Zhizhin's profile picture
Igor Zhizhin
American Street Capital-image
Principal & Founder

Details

Deal Summary
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FINANCED
IMAGE: Igor Zhizhin DATE: 09/28/2021 ADDRESS: 2315 N Milwaukee Ave MARKET: Logan Square, Chicago ASSET TYPE: Mixed-use ~ UNITS: 37 BROKER: Igor Zhizhin - American Street Capital (@AmericanStreetCapital) LOAN AMOUNT: $8,175,000 LOAN TYPE: Bridge LOAN TERMS: Non-recourse 3-year floating term bridge loan with interest only-payments

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Address2315 North Milwaukee Avenue

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