American Street Capital Arranges $4.36M Loan For Multifamily Property In Countryside, IL

Igor Zhizhin of American Street Capital facilitated a loan for a multifamily property located at 6300 Joliet Rd in Countryside, IL. The loan was closed on July 20, 2021.

Summary of transaction details

• Property Type: Multifamily
• Loan Amount: $4,360,000
• Loan Terms: 5-year Fixed Term, 30-year Amortization with a step-down prepayment penalty
• Broker: Igor Zhizhin - American Street Capital

The loan amount for this multifamily property was $4,360,000. The loan terms included a 5-year fixed term and a 30-year amortization schedule. The prepayment penalty had a step-down feature. Igor Zhizhin, representing American Street Capital, played a key role in facilitating this loan deal.