1411 NORTH LONG AVENUE

1411 NORTH LONG AVENUE

Purchase & Renovation

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Location
CHICAGO, IL
Loan to ARV
70%
No. Investors
5412
Projected Return
11.5%
Term
15 months
Total Project Costs
$259,730

Key Deal Facts

The Borrower was advanced the money it needed to purchase this property on December 8, 2023 by Groundfloor Finance Inc. (“Groundfloor,” “we,” “us,” or “our”) or a wholly-owned subsidiary of Groundfloor. The Borrower is now in possession of the property. If this offering is fully subscribed, Groundfloor will continue to administer and service the loan as further described in the Offering Circular., The renovation of the property may be extensive, and therefore subject to delays and other unexpected issues., The renovation will require permitting, and permits may not be obtained on time or may be denied., Please consult the
Offering Circular
for further discussion of general risk factors.

Management Team / Advisory Board Bios

Melissa Lawson - principal
Available to Invest : $7
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