American Street Capital Arranges $3.9M Loan For Multifamily Property In Logan Square, Chicago
American Street Capital brokers loan for $3,900,000 in Logan Square, Chicago
MultiFamily
Financed 1 year ago
Summary
A multifamily property in Logan Square, Chicago, has recently undergone a closed transaction. The property consists of 32 units, offering a desirable living space for residents in the area.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,900,000
- Market: Logan Square, Chicago
- Broker: Igor Zhizhin - American Street Capital
The loan for this transaction amounted to $3,900,000. The terms of the loan include a 20-year duration, with a 10-year fixed rate followed by a 10-year floating rate. The loan is structured with a 30-year amortization schedule, allowing for a manageable repayment plan.
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American Street Capital brokers loan for $3,900,000 in Logan Square, Chicago
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