Illinois Recent DSCR Fundings
Real Investments. Real Results.
Real estate investors in the Prairie State are turning to DSCR Loans as a strategic tool to expand and manage their investment property portfolios. DSCR loans allow investors to secure financing based on the property's ability to generate income (rather than an investor's individual credit profile). In a market like Illinois, where real estate prices have shown steady growth and rental demand remains steady, DSCR loans offer investors a flexible and effective means to acquire new properties, improve existing ones, or refinance their assets. Easy Street Capital is proud to be a leading provider of DSCR loans for Illinois real estate investors looking to build rental portfolios! Check out our most recently funded DSCR loans in the Land of Lincoln below:
Single-Family Residence
Dolton, IL
$101,250 Illinois DSCR Rental Loan for an Acquisition of a rental property in Dolton. Located in a well-established residential neighborhood, this property is within good proximity to schools, parks, local shopping centers, and a variety of supporting facilities.
Single-Family Residence
Elmhurst, IL
$2,293,000 Illinois DSCR Rental Loan for a Cash-Out Refinance of a rental property in Elmhurst. Located blocks away from Elmhurst University, this property has been fully renovated within the past year to allow for large additions to the house.
Multifamily (6-Unit)
Springfield, IL
$243,700 Illinois DSCR Rental Loan for an Acquisition of a rental property in Springfield. This property is within walking distance to the Illinois State Museum and Illinois State Capitol Building, which is in the safest neighborhood in Downtown Springfield. Upon acquisition, the property will be utilized as a long-term rental property.
Single-Family Residence
Maywood, IL
$225,000 Illinois DSCR Rental Loan for an Acquisition of a rental property in Maywood. The property values in the market are stable and located only 12 miles from downtown Chicago, this property is a great location for someone who wants the privacy and space of a suburb but wants easy access to one of the largest cities in the United States. Developed along one of the oldest railway lines that led from Chicago, Maywood has attracted people for decades with its luscious grass prairie and ancient trees.
Duplex
Chicago, IL
$240,000 Illinois DSCR Rental Loan for a Cash-Out Refinance of a rental property in Chicago. Located in the Englewood neighborhood which provides easy access to all essential services such as schools, hospitals, transportation, and shopping the property is just 20 minutes southwest of downtown Chicago, a cultural hub for financial and manufacturing industries.
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