Elliott Quigley Of Essex Capital Markets Secures $1,150,000 Refinance Loan In Chicago
7101 North Clark Street
$1,150,000
Building Size
—
Asset Type
Mixed-use
Closing
May 14, 2026
AI
The property involved in this transaction is a mixed-use asset located at 7101 North Clark Street & 1734 West Estes Avenue in the Chicago market, featuring a total of 26 units. The transaction includes a refinance loan amounting to $1,150,000.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $1,150,000
- Loan Type: Refinance
- Capital Markets Advisors: Elliott Quigley- Essex Capital Markets
Elliott Quigley from Essex Capital Markets played a key role in facilitating the refinance for this property, representing the interests of the capital markets in the transaction.
Chicago Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93