Old Second National Bank Provides $46M Construction Loan For Retail Property In Wilmette

1515 Sheridan Road

Retail

100,000 SF

Financed 1 year ago

Summary

Loan

ILLINOIS

Retail

100,000 sqft

The retail property located at 1515 Sheridan Rd in Wilmette has undergone a recent transaction. The property spans 100,000 square feet and is owned by WS Development, represented by Jeremy Sclar.

Summary of transaction details

Property Type: Retail
Transaction Amount: $46,000,000
Lender: Old Second National Bank
Loan Type: Construction Loan

The loan for this transaction was provided by Old Second National Bank. The amount of the loan was $46,000,000 and it was a construction loan. Meanwhile, WS Development, represented by Jeremy Sclar, acted as the landlord in this deal.

Players

All
1

Lenders
1

Old Second National Bank

Details

Deal Summary

FINANCED

IMAGE: Jeremy Sclar DATE: 09/09/2022 ADDRESS 1515 Sheridan Rd MARKET: Wilmette ASSET TYPE: Retail ~ SF: 100,000 LENDER: Old Second National Bank LANDLORD: WS Development - Jeremy Sclar LOAN AMOUNT: $46,000,000 LOAN TYPE: Construction Loan

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Address1515 Sheridan Road

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