Mixed use · Lincolnshire, Illinois
Lincolnshire Commons
Lincolnshire Commons is financed with a $40.5M CMBS loan at 4.46% that reaches maturity on August 11, 2027, in 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $40,530,797
- Original balance (same notes)
- $43,500,000
- Interest rate
- 4.46% fixed
- Originated
- July 18, 2017
- Maturity
- August 11, 2027
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ends
- May 10, 2027
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 900, 910, 920, 930, 940, 950, 960, 970 Milwaukee Avenue; 225 Aptakisic Road, Lincolnshire, IL 60069
- Metro
- Chicago-Naperville-Elgin, IL-IN
- Rentable area
- 133,024 sq ft
- Built
- 2005, renovated 2016
- Largest tenants
- Northshore University Health System; The Cheesecake Factory Restaurants Inc.; Fat Rosie's OpCo LLC
- Value at securitization
- $58.3M (Jun 2017)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.44x | 1.21x |
| Occupancy | 91% | 70% |
| Net operating income (annualized from 6 months) | $3.8M | $3.2M |
| Debt yield | 7.9% |
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 2017-C39 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Occupancy down 10 points or more from securitization
- Matures within 12 months
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 91% when the loan was securitized to 70%.
- Net operating income is 15% below the underwritten figure ($3.2M a year against $3.8M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.44x at securitization to 1.21x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $40.5M | Current | No | 1.21x | 70% |
| August 2026 | $40.6M | Current | No | 1.30x | 70% |
| July 2026 | $40.7M | Current | No | 1.30x | 70% |
| June 2026 | $40.7M | Current | No | 1.18x | 76% |
| May 2026 | $40.8M | Current | No | 1.18x | 76% |
| April 2026 | $40.9M | Current | No | 1.18x | 76% |
| March 2026 | $40.9M | Current | No | 1.18x | 76% |
| February 2026 | $41.0M | Current | No | 1.18x | 76% |
| January 2026 | $41.1M | Current | No | 1.20x | 75% |
| December 2025 | $41.1M | Current | No | 1.20x | 75% |
| November 2025 | $41.2M | Current | No | 1.20x | 75% |
| October 2025 | $41.2M | Current | No | 1.20x | 75% |
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 2017-C39 | 9 | $40,530,797 | Sep 2026 | SEC filing, September 29, 2026 |
Other Chicago-Naperville-Elgin loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Old Chicago Post Office | Chicago, IL | Office | $125.0M | 3.47% | Jan 2027 | n/a | n/a | Current |
| University Center Chicago | Chicago, IL | Multifamily | $120.6M | 3.92% | Aug 2027 | 3.25x | 99% | Current |
| Prudential Plaza, Chicago (2027 maturity), loan 5 in CD 2017-CD3 Mortgage Trust | Chicago, IL | Office | $65.0M | 4.61% | Aug 2027 | 1.82x | 63% | Current |
| Radisson Blu Aqua Hotel | Chicago, IL | Hotel | $64.0M | 4.597% | Nov 2027 | 2.19x | 70% | Current |
| Prudential Plaza, Chicago (2027 maturity), loan 3 in JPMDB Commercial Mortgage Securities Trust 2017-C5 | Chicago, IL | Office | $60.4M | 4.61% | Aug 2027 | 1.82x | 63% | Current |
| Crossings at Hobart | Merrillville, IN | Retail | $45.5M | 4.84% | Mar 2027 | 1.26x | 93% | Current |
| Calumet Business Center | Chicago, IL | Industrial | $28.5M | 4.305% | Feb 2027 | 1.08x | 81% | Current |
| Hilton Garden Inn Chicago/north Loop | Chicago, IL | Hotel | $27.8M | 4.80% | Jun 2027 | 2.24x | 77% | Current |
All loans maturing in 2027 · 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.