Retail · Bolingbrook, Illinois
Shops at Lily Cache Creek
Shops at Lily Cache Creek is financed with a $4.0M CMBS loan at 6.20% that reaches maturity on September 1, 2034, in 7 years and 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $4,007,280
- Original balance (same notes)
- $4,100,000
- Interest rate
- 6.20% fixed
- Originated
- August 6, 2024
- Maturity
- September 1, 2034
- Payments
- Amortizing over 30 years
- Prepayment lockout ended
- September 30, 2026
- Prepayment premium ends
- February 28, 2034 (yield maintenance)
- Master servicer
- Wells Fargo Bank, NA
- Originator
- MSBNA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 741 East Boughton Road, Bolingbrook, IL 60440
- Metro
- Chicago-Naperville-Elgin, IL-IN
- Rentable area
- 17,960 sq ft
- Built
- 2003
- Largest tenants
- Five Guys Enterprises LLC; Simonmed Imaging Inc.; Milan Laser
- Value at securitization
- $6.7M (Jun 2024)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.68x | 1.61x |
| Occupancy | 93% | 87% |
| Net operating income (annualized from 6 months) | $506K | $489K |
| Debt yield | 12.2% |
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 BANK 2024-BNK48 filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
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 93% when the loan was securitized to 87%.
- The filing gives Jun 2025 as the lease end date for the largest tenant (Five Guys Enterprises LLC), 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 | $4.0M | Current | No | 1.61x | 87% |
| August 2026 | $4.0M | Current | No | 1.70x | 87% |
| July 2026 | $4.0M | Current | No | 1.70x | 87% |
| June 2026 | $4.0M | Current | No | 1.68x | 87% |
| May 2026 | $4.0M | Current | No | 1.60x | 87% |
| April 2026 | $4.0M | Current | No | 1.60x | 87% |
| March 2026 | $4.0M | Current | No | 1.60x | 87% |
| February 2026 | $4.0M | Current | No | 1.60x | 87% |
| January 2026 | $4.0M | Current | No | 1.60x | 87% |
| December 2025 | $4.0M | Current | No | 1.60x | 87% |
| November 2025 | $4.0M | Current | No | 1.60x | 87% |
| October 2025 | $4.1M | Current | No | 1.60x | 87% |
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 |
|---|---|---|---|---|
| BANK 2024-BNK48 | 32 | $4,007,280 | Sep 2026 | SEC filing, October 1, 2026 |
Other Chicago-Naperville-Elgin loans due in 2034
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 900 North Michigan | Chicago, IL | Mixed use | $180.0M | 6.853% | Aug 2034 | 1.54x | 90% | Current |
| River East Garage | Chicago, IL | Other | $66.7M | 7.755% | Dec 2034 | n/a | n/a | Current |
| Phoenix | Phoenix, IL | Industrial | $38.8M | 6.21% | Oct 2034 | n/a | n/a | Current |
| Spark by Hilton O'Hare | Des Plaines, IL | Hotel | $8.4M | 7.535% | Nov 2034 | 2.68x | 70% | Current |
| Atrium Point | New Lenox, IL | Mixed use | $8.3M | 6.87% | Dec 2034 | n/a | n/a | Late, less than 30 days |
| 3122 Broadway | Chicago, IL | Mixed use | $5.1M | 7.005% | Jun 2034 | n/a | n/a | Current |
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.