Building

4421 N Sheridan

4421 N Sheridan Rd · Uptown Built 1972 48 units

Ownership

Syndicated

Occupancy

93.8%

45 of 48 units occupied

T12 NOI

$552K

Avg rent $1,950 · Cap 6.00%

Valuation

$9.2M

Equity $3.3M · LTV 64%

DSCR

1.24x

Covenant 1.20x · Buffer 3%

T12 NOI

Monthly NOI vs occupancy

Loan

Debt summary

Outstanding

$5,900,000

Rate

7.10%

Maturity

Dec 15, 2026

Months to maturity

7 mo

Annual debt service

$445K

DSCR (covenant 1.20x)

1.24x

Rent Roll

Live unit detail

Sample rent roll only loaded for the demo building (1247 N Damen). AppFolio sync will populate the rest.

Capex

YTD capital projects

$88,000

Standard turnover and unit refresh costs.

Documents

Linked files

Loan agreement

4421 N Sheridan Loan Agreement 2025.pdf

AI-parsed

Insurance

4421 N Sheridan Policy 2026.pdf

AI-parsed

PPM

4421 N Sheridan Operating Agreement.pdf

AI-parsed