Updated Mar 17, 2025
KeyBank Provides $40.8M Loan For MultiFamily Property In Chicago, IL
1020 W Lawrence Ave, Chicago, IL, 60...
$40,800,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 2, 2017
About this deal
AI
The property at 1020 W Lawrence Ave, Chicago, IL, 60... is a MultiFamily asset. The loan for this property amounted to $40,800,000.00, facilitated by keybank-2-duplicate''>Keybank.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $40,800,000.00
- Address: 1020 W Lawrence Ave, Chicago, IL, 60...
- Market: Chicago
The Managing Director from KeyBank Real Estate Capital represented the lender in this transaction.
The multifamily loan at 1020 W Lawrence Ave, Chicago, IL, 60... in Chicago, Illinois financed for $40.8M in 2017. 1020 W Lawrence Ave, Chicago, IL, 60... is classified as Multifamily on Traded. Named participants on the 1020 W Lawrence Ave, Chicago, IL, 60... loan are Todd Linehan. This page is the Chicago, Illinois file for the 1020 W Lawrence Ave, Chicago, IL, 60... multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Chicago sit in the Market section below. Filter that Chicago multifamily set by closing date to see what else financed near 1020 W Lawrence Ave, Chicago, IL, 60... around 2017. Published consideration for 1020 W Lawrence Ave, Chicago, IL, 60... is $40.8M, dated 2017. Cite this KeyBank Provides $40.8M Loan For MultiFamily Property In Chicago, IL loan when underwriting similar multifamily product around Chicago, Illinois.
Players
Chicago MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.39%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93