Retail · Round Lake Beach, Illinois
Eagle Creek Plaza
Eagle Creek Plaza is financed with a $4.1M CMBS loan at 5.14% that reaches maturity on February 6, 2029, in 2 years and 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $4,119,140
- Original balance (same notes)
- $4,700,000
- Interest rate
- 5.14% fixed
- Originated
- January 24, 2019
- Maturity
- February 6, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- June 5, 2021
- Master servicer
- Trimont LLC
- Originator
- Barclays Capital Real Estate Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 300-400 West Rollins Road, Round Lake Beach, IL 60073
- Metro
- Chicago-Naperville-Elgin, IL-IN
- Rentable area
- 62,379 sq ft
- Built
- 1980, renovated 1994
- Largest tenants
- Dollar General; Alexander's Jewelry & Loan Ltd.; Rey Del Pollo
- Value at securitization
- $6.5M (Jan 2019)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 1.52x | 0.27x |
| Occupancy | 100% | 41% |
| Net operating income | $467K | $83K |
| Debt yield | 2.0% |
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 Wells Fargo Commercial Mortgage Trust 2019-C50 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage below 1.00x
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- NOI down 20% or more from securitization
- Largest tenant's lease ends within 12 months
On the cmbs.news watch list in every report since November 2025.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- Occupancy has fallen from 100% when the loan was securitized to 41%.
- Net operating income is 82% below the underwritten figure ($83K a year against $467K).
- Debt service coverage moved from 1.52x at securitization to 0.27x on the latest statements.
- At 0.27x, the property's reported NOI does not cover its debt service.
- The filing gives Jul 2027 as the lease end date for the largest tenant (Dollar General), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $4.1M | Current | No | 0.27x | 41% |
| August 2026 | $4.1M | Current | No | 0.27x | 41% |
| July 2026 | $4.1M | Current | No | 0.27x | 41% |
| June 2026 | $4.1M | Current | No | 0.27x | 41% |
| May 2026 | $4.1M | Current | No | 0.27x | 41% |
| April 2026 | $4.2M | Current | No | 0.68x | 41% |
| March 2026 | $4.2M | Current | No | 0.68x | 41% |
| February 2026 | $4.2M | Current | No | 0.68x | 41% |
| January 2026 | $4.2M | Current | No | 0.68x | 41% |
| December 2025 | $4.2M | Current | No | 0.68x | 41% |
| November 2025 | $4.2M | Current | No | 0.68x | 41% |
| October 2025 | $4.2M | Current | No | 1.26x | 91% |
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 |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2019-C50 | 57 | $4,119,140 | Sep 2026 | SEC filing, September 29, 2026 |
Other Chicago-Naperville-Elgin loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Millennium Park Plaza | Chicago, IL | Mixed use | $210.0M | 3.66% | Aug 2029 | 1.66x | 73% | Current |
| 101 45th Street | Munster, IN | Industrial | $138.8M | 3.231% | Dec 2029 | n/a | n/a | Current |
| City Hyde Park | Chicago, IL | Multifamily | $108.7M | 4.70% | Oct 2029 | 1.03x | 83% | Current |
| 5452-5466 S. Ellis Avenue | Chicago, IL | Multifamily | $106.8M | 4.554% | Feb 2029 | n/a | n/a | Current |
| 3500 Lacey Road | Downers Grove, IL | Office | $85.8M | 4.35% | Dec 2029 | 2.39x | 95% | Current |
| Lakeside Apartments | Lisle, IL | Multifamily | $70.0M | 4.935% | Mar 2029 | 1.98x | 95% | Current |
| Hilton Garden Inn & Canopy - Chicago Central Loop | Chicago, IL | Healthcare | $65.0M | 7.60% | Jun 2029 | 1.93x | 74% | Current |
| The Elston Retail Collection | Chicago, IL | Retail | $57.1M | 3.65% | Nov 2029 | 1.40x | 100% | With the special servicer |
All loans maturing in 2029 · 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.