Associated Bank closes $28.35 million loan for Chicago transit-oriented apartment development
ASB•Project location and timeline
The project sits near the Belmont Red/Purple/Brown Line station. Demolition is set to start shortly, with completion planned for 2027.
Associated Bank closes financing for Chicago apartment project
Associated Bank closed a $28.35 million loan for a Chicago transit-oriented apartment project at 3233-47 N Sheffield Avenue.
Financing covers acquisition of the former Tortenson Glass Co. site and development of a five-story, 99-unit building.
