In May of 2018, Emerald Creek Capital provided a $16,750,000 refinance in the Streeterville neighborhood of Chicago, IL. The loan is secured by a 9,871 square foot retail space within a mixed-use residential and retail tower. The subject property is comprised of 5,160 square feet on the ground floor, 3,708 square feet of mezzanine space, and 1,003 square feet of below-grade storage space. The subject property benefits from a prime retail location on a prominent commercial corridor that runs parallel to the “Magnificent Mile”, Chicago’s famed shopping district. The larger Streeterville area boasts top-rated restaurants, attractions, hotels, and nightlife. The subject property is easily accessible by the Red Line subway at Chicago Avenue.
For more information, please contact:
Mike Cleaver, Managing Director