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Loan · MultiFamily

Updated Nov 12, 2026

Christof Schramm Of Schramm Commercial Capital Lends $1,729,000 For Multifamily Refinance In Chicago Suburbs
FINANCEDMultiFamily

Christof Schramm Of Schramm Commercial Capital Lends $1,729,000 For Multifamily Refinance In Chicago Suburbs

$1,729,000

Building Size

—

Asset Type

MultiFamily

Closing

Oct 27, 2026

About this deal

AI

A portfolio of seven residential investment properties throughout Chicago's western and southwestern suburbs is involved in this transaction. The properties consist of rental homes, a townhome, and a duplex interest. The addresses are 2631 Southwind Drive, 1159 Quail Run Drive, 619 North Pinecrest Road, 210 South Ardmore Avenue, 238 West Pomeroy Street, 1478 Oxford Street, and 755 Clearwood Court. The aggregate appraised value of the portfolio is approximately $2,470,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,729,000
  • Loan Type: Refinance
  • Loan Terms: 30 years
  • Lender: Schramm Commercial Capital
  • Originator: Christof Schramm
  • Market: New Lenox, Bolingbrook, Villa Park, West Chicago, Carol Stream & Aurora
  • Loan-to-value Ratio: 70%
  • Financing Arranged By: Christof Schramm
  • Company: Schramm Commercial Capital LLC
  • NMLS: 2433367

The financing arrangement highlights the experience of Christof Schramm in structuring portfolio-level financing, facilitating the investor's ability to manage debt efficiently. This approach enables established real estate investors to leverage equity across multiple properties through a single blanket loan. The transaction reflects opportunities for increasing liquidity and capital deployment for future investments.

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Players

Christof Schramm
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Christof Schramm

Originator

$5.3M

vol

3 deals

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Market 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

9.17%

Cash-on-Cash

-2.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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