Industrial · Chicago, Illinois
2233 South Throop Street
2233 South Throop Street is financed with a $15.0M CMBS loan at 3.34% that reaches maturity on October 6, 2026, this month. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $15,000,000
- Original balance (same notes)
- $15,000,000
- Interest rate
- 3.34% fixed
- Originated
- September 29, 2021
- Maturity
- October 6, 2026
- Payments
- Interest only for the full term
- Master servicer
- KeyBank Real Estate Capital
- Originator
- SMC
Status
- Payment status
- Not reported
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2233 South Throop Street, Chicago, IL 60608
- Metro
- Chicago-Naperville-Elgin, IL-IN
- Rentable area
- 428,828 sq ft
- Built
- 1926
- Largest tenants
- Moishes Mini Storage of Chicago; K2Towers; New Liberty Insurance
- Value at securitization
- $36.5M (Aug 2021)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | n/a | 3.09x |
| Occupancy | 100% | 100% |
| Net operating income | n/a | $1.6M |
| Debt yield | 10.5% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the BBCMS Mortgage Trust 2021-C12 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Past maturity
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $15.0M | Not reported | No | 3.09x | 100% |
| August 2026 | $15.0M | Not reported | No | 3.09x | 100% |
| July 2026 | $15.0M | Not reported | No | 3.09x | 100% |
| June 2026 | $15.0M | Not reported | No | 3.09x | 100% |
| May 2026 | $15.0M | Not reported | No | 3.17x | 100% |
| April 2026 | $15.0M | Not reported | No | 3.17x | 100% |
| March 2026 | $15.0M | Not reported | No | 4.54x | 100% |
| February 2026 | $15.0M | Not reported | No | 4.54x | 100% |
| January 2026 | $15.0M | Not reported | No | 4.54x | 100% |
| December 2025 | $15.0M | Not reported | No | 4.09x | 100% |
| November 2025 | $15.0M | Not reported | No | 4.09x | 100% |
| October 2025 | $15.0M | Not reported | No | 4.09x | 100% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2021-C12 | 24 | $15,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Chicago-Naperville-Elgin loans due in 2026
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Aon Center | Chicago, IL | Office | $136.0M | 4.627% | Jul 2026 | 4.11x | 66% | Past maturity and not performing |
| Riverway | Rosemont, IL | Office | $114.6M | 4.96% | Dec 2026 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Gurnee Mills | Gurnee, IL | Retail | $89.0M | 3.99% | Oct 2026 | 2.27x | 91% | Current |
| 181 West Madison Street | Chicago, IL | Office | $84.4M | 3.90% | Dec 2026 | n/a | n/a | With the special servicer |
| 625 North Michigan Avenue | Chicago, IL | Office | $50.6M | 4.63% | Mar 2026 | 1.33x | 64% | Past maturity and not performing |
| Mariano's - Bronzeville | Chicago, IL | Retail | $19.0M | 4.155% | Nov 2026 | n/a | n/a | Current |
| Cicero Industrial | Cicero, IL | Industrial | $16.7M | 4.25% | Nov 2026 | 3.22x | 93% | Current |
| Ontario City Centre | Chicago, IL | Mixed use | $14.5M | 4.72% | Dec 2026 | 2.36x | 100% | Current |
All loans maturing in 2026 · All Chicago-Naperville-Elgin loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.