Updated Mar 11, 2025
Mag Mile Capital Provides $4.69M Loan For Multifamily Property On 200-202 E. Walton Street In Chicago
200 East Walton Street, Chicago, Illinois 60611, United States
$4,690,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 23, 2022
About this deal
AI
Located at 200-202 E. Walton Street in Chicago, this closed multifamily property transaction involved a loan amount of $4,690,000. The loan was provided by Mag Mile Capital, with Rushi Shah, Prabhat Jayara, and Francisco Nacorda representing the lender. The loan terms were set for a duration of 5 years.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,690,000
- Lender: Mag Mile Capital - Rushi Shah, Prabhat Jayara & Francisco Nacorda
- Loan Terms: 5 years
Prabhat Jayara, Rushi Shah, and Francisco Nacorda were the key individuals from Mag Mile Capital involved in this transaction. They played a vital role in facilitating the loan for this multifamily property deal at 200-202 E. Walton Street in Chicago.
Players
Chicago MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.38%
Cash-on-Cash
-0.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93