Old National Bank Provides $9.375M Loan For Retail Property In Elmhurst IL
FINANCED
$9,375,000
Illinois
See Similar DealsRetail74,000 SF
Financed 12/07/2022
FINANCED
Old National Bank Provides $9.375M Loan For Retail Property In Elmhurst IL
559 North York Street
See Similar DealsRetail74,000 SF
Financed 12/07/2022
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$126
Total Square Footage:74,000 SF
Transaction Type:Loan
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $9,375,000
- Address: 559-611 N York Street, Elmhurst, IL
- Market: Elmhurst, IL
- Lender: Old National Bank
- Landlord: Brookline Real Estate
- Broker: Matthew Stearns - Black Bear Capital Partners
Players
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$9,375,000.00
Monthly NOI$62,500.00
Monthly Debt Service$59,256.38
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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