CMBS properties in Illinois
293 property records in 48 deals. Largest cities: Chicago (118), Rockford (7), Peoria (7), Riverdale (6), Normal (6).
293Property records
$7.34BAppraised value (checked records)
48Deals
Median implied cap rate by property type
| Type | n | Median cap rate |
|---|---|---|
| Retail | 70 | 6.9% |
| Industrial | 30 | 6.0% |
| Hotel | 28 | 7.0% |
| Multifamily | 24 | 6.7% |
| Office | 22 | 7.0% |
| Self Storage | 19 | 6.0% |
| Mixed Use | 8 | 6.5% |
| Manufactured Housing | 7 | 5.7% |
Largest properties by appraised value
| Property | Type | City | Appraised | Occ. | Deal |
|---|---|---|---|---|---|
| Prudential Plaza | Office | Chicago | $700.0M | 79.7% | CD 2016-CD2 |
| Prudential Plaza | Office | Chicago | $700.0M | 77.1% | JPMDB 2017-C5 |
| One North Wacker | Office | Chicago | $664.0M | 81.3% | BANK 2021-BNK36 |
| Gurnee Mills | Retail | Gurnee | $417.0M | 91.1% | CD 2017-CD6 |
| McDonald’s Global HQ | Office | Chicago | $409.0M | 97.3% | BANK 2020-BNK30 |
| McDonald’s Global HQ | Office | Chicago | $409.0M | 97.3% | BANK 2021-BNK36 |
| 900 North Michigan | Mixed Use | Chicago | $315.0M | 88.8% | BANK 2024-BNK48 |
| Civic Opera Building | Office | Chicago | $220.0M | 92.4% | JPMBB 2015-C31 |
| Sentral Michigan Avenue | Multifamily | Chicago | $208.8M | 91.5% | WFCM 2024-5C2 |
| Riverway | Office | Rosemont | $176.2M | 95.0% | JPMCC 2017-JP5 |
| Westbrook Corporate Center | Office | Westchester | $136.0M | 83.7% | MSC 2018-H3 |
| Chicago Ridge Mall | Retail | Chicago Ridge | $129.7M | 94.7% | COMM 2012-CCRE2 |
| Radisson Blu Aqua Hotel | Hotel | Chicago | $117.5M | 75.6% | BMARK 2018-B1 |
| 111 West Jackson | Office | Chicago | $111.7M | 85.8% | JPMCC 2013-C10 |
| Solo Cup | Industrial | University Park | $87.7M | 100.0% | COMM 2014-UBS3 |
| 3M Distribution Facility | Industrial | DeKalb | $72.3M | 100.0% | MSC 2018-H3 |
| 3M Distribution Facility | Industrial | DeKalb | $72.3M | 100.0% | MSC 2018-L1 |
| Highland Landmark I | Office | Downers Grove | $64.6M | 87.4% | JPMBB 2015-C31 |
| Preferred Freezer Services - Chicago II | Industrial | Chicago | $54.0M | 100.0% | JPMBB 2015-C31 |
| Chicago Business Center | Industrial | Chicago | $49.0M | 100.0% | BBCMS 2022-C14 |
| Forest Plaza | Retail | Rockford | $48.2M | 93.4% | BANK 2019-BNK21 |
| Hampton Inn Majestic Chicago | Hotel | Chicago | $43.8M | 91.1% | CD 2017-CD6 |
| Aurora Marketplace | Retail | Aurora | $43.5M | 86.2% | BMO 2025-5C9 |
| White Oaks Plaza | Retail | Springfield | $42.2M | 94.2% | BANK 2019-BNK21 |
| Forest Hills Village | Manufactured Housing | Loves Park, Machesney Park | $41.1M | 92.6% | MSC 2012-C4 |
| Oak Creek Center | Office | Lombard | $40.3M | 87.3% | JPMCC 2013-C10 |
| East Peoria Embassy Suites | Hotel | East Peoria | $40.2M | 74.0% | WFCM 2024-5C2 |
| Fullerton Plaza | Retail | Chicago | $38.6M | 96.5% | JPMDB 2017-C7 |
| Follett School - McHenry, IL | Industrial | McHenry | $37.6M | 100.0% | BBCMS 2024-5C29 |
| DeKalb Student Housing | Multifamily | DeKalb | $35.1M | 95.2% | BBCMS 2024-5C29 |
| Ace Hardware HQ | Office | Oak Brook | $35.0M | 100.0% | BMARK 2018-B1 |
| The Otis | Multifamily | Chicago | $29.8M | 93.5% | BMO 2025-5C9 |
| Best Western Plus Hawthorne Terrace | Hotel | Chicago | $29.0M | 75.3% | COMM 2014-CCRE15 |
| Oakridge Court Shopping Center | Retail | Algonquin | $27.7M | 98.4% | COMM 2012-CCRE2 |
| Normal Marriott Hotel | Hotel | Normal | $27.7M | 69.0% | WFCM 2024-5C2 |
| Village Square | Retail | Lake Zurich | $27.6M | 96.2% | COMM 2014-UBS3 |
| Chicago Marketplace | Industrial | Chicago | $26.0M | 99.7% | BBCMS 2022-C14 |
| ECD Lincolnshire | Hotel | Lincolnshire | $25.4M | 77.0% | JPMCC 2013-C10 |
| Rockford, IL | Industrial | Rockford | $23.3M | 55.1% | BBCMS 2022-C18 |
| 475 Bond Street | Industrial | Lincolnshire | $23.0M | 100.0% | BANK5 2026-5YR22 |
| 3700 S Kedzie Avenue | Industrial | Chicago | $21.8M | 100.0% | BMO 2026-5C15 |
| Lake Park Pointe Shopping Center | Retail | Chicago | $20.7M | 92.2% | BANK 2017-BNK5 |
| Chatham Grove Apartments | Multifamily | Chicago | $20.5M | 93.8% | BANK5 2026-5YR20 |
| 1602 Vincent Drive | Industrial | Sauget | $20.3M | 100.0% | BANK5 2026-5YR22 |
| 1602 Vincent Drive | Industrial | Sauget | $20.3M | 100.0% | BMO 2026-5C15 |
| 1114-1126 Lake Street | Retail | Oak Park | $19.9M | 91.7% | BMARK 2018-B1 |
| 1430 South Wolf Road | Industrial | Wheeling | $19.7M | 100.0% | BANK5 2026-5YR22 |
| 1430 South Wolf Road | Industrial | Wheeling | $19.7M | 100.0% | BMO 2026-5C15 |
| 1351 S. Wheeling Road | Industrial | Wheeling | $19.6M | 100.0% | BMO 2026-5C15 |
| 1000 Knell Road | Industrial | Montgomery | $18.6M | 100.0% | BANK5 2026-5YR22 |
| 1000 Knell Road | Industrial | Montgomery | $18.6M | 100.0% | BMO 2026-5C15 |
| Grandview Court | Retail | Waukegan | $18.4M | 75.9% | BANK 2021-BNK36 |
| US StorageMart Portfolio - 1015 North Halsted Street | Self Storage | Chicago | $18.3M | 87.4% | MSBAM 2015-C23 |
| 3264 N Clark | Multifamily | Chicago | $18.0M | 100.0% | BBCMS 2026-M1 |
| Deerpath Court | Retail | Lake Zurich | $17.2M | 100.0% | COMM 2014-UBS3 |
| Loves Park Tech Center | Industrial | Loves Park | $17.0M | 80.4% | BMO 2023-C5 |
| Home2 Suites - Loves Park Rockford | Hotel | Loves Park | $16.9M | 85.0% | BANK 2022-BNK41 |
| Carbondale | Industrial | Carbondale | $16.9M | 100.0% | BMO 2023-C4 |
| U-Haul Lincoln Park | Self Storage | Chicago | $16.6M | 93.6% | JPMDB 2017-C7 |
| U-Haul Lincoln Park | Self Storage | Chicago | $16.6M | 93.6% | CD 2017-CD6 |
Deals with the most Illinois properties
| Deal | Filed | Records here |
|---|---|---|
| JPMCC 2017-JP6 | 2017-06-16 | 18 |
| JPMCC 2017-JP5 | 2017-03-29 | 17 |
| MSC 2018-H3 | 2018-07-12 | 17 |
| JPMBB 2015-C31 | 2015-08-28 | 16 |
| BBCMS 2022-C16 | 2022-06-28 | 14 |
| BBCMS 2024-5C29 | 2024-09-18 | 14 |
| JPMCC 2013-C10 | 2013-03-11 | 13 |
| BANK 2021-BNK36 | 2021-10-07 | 12 |
| BMO 2026-5C15 | 2026-06-16 | 12 |
| COMM 2012-CCRE2 | 2012-08-21 | 11 |
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.