1240 EDGEWOOD DR, CALUMET CITY, IL

Summary

1240 EDGEWOOD DR, CALUMET CITY, IL is a $94,230 loan offering structured as a first lien position on a purchase & renovation project in CALUMET CITY, IL listed on Groundfloor.

The offering carries a stated rate of 11%, a term of 15 months, a loan-to-value of 67.3%, and a minimum investment of $10.

It is secured by Real estate at 1240 EDGEWOOD DR, IL.

According to the offering circular, the loan is a first lien, on the property at 1240 EDGEWOOD DR, CALUMET CITY, IL 60409, with a 15-month term, a 11% rate to the borrower.

AltStreet tracks 6 other Groundfloor offerings in CALUMET CITY, IL, with disclosed rates ranging from 10% to 11.5%, and across 4,355 tracked Groundfloor offerings the median disclosed rate is 10.5%.

Terms shown here are drawn from SEC filing 0001104659-23-125260 and were captured by AltStreet on 2026-06-01. Figures are as disclosed at the time of the offering and are not updated for subsequent performance.

Disclosed Terms

Offering amount: $94,230
Stated rate: 11%
Term: 15 months
Loan-to-value: 67.3%
Position: First Lien
Minimum investment: $10
Project type: Purchase & Renovation
Collateral: Real Estate
Return type: Interest
Status: Active
Target return: 11%
Collateral in place at close: Yes
Property address: 1240 EDGEWOOD DR, CALUMET CITY, IL 60409
Lien position: First Lien
Loan term: 15 months
Rate to borrower: 11%
Loan-to-ARV: 67.3%
Loan principal: $94,230
Maximum offering: $94,230
Offering circular: Form 1-A POS 0001104659-23-125260

Terms as disclosed at the time of the offering. AltStreet does not update these figures for subsequent performance, and a disclosed rate is not a realized return.

Where It Sits in Groundfloor's Book

Disclosed rate

11%

Above 57% of peers, median 10.5%. Near the middle of the book.

Hold period

15 mo

Above 65% of peers, median 12 mo. Near the middle of the book.

Loan to value

67.3%

Above 47% of peers, median 67.9%. Near the middle of the book.

Compared against 4,323 other Groundfloor real estate offerings with a disclosed rate. 199 of them are in IL, where the median disclosed rate is 10.5%. A percentile places a disclosed term, not a result. Browse the full Groundfloor book.

Filing Record

1240 EDGEWOOD DR, CALUMET CITY, IL is offered under Groundfloor's Regulation A (Form 1-A) program, a single SEC registrant that covers 3,079 tracked offerings. The program's filing history runs from 1-A on Oct 4, 2022 to 1-K on Apr 1, 2026. Those filings describe the program, not this loan; the terms above are this offering's own.

7 supplements with pricing figures and 19 audited annual statements are on file for this issuer.

From SEC EDGAR, as filed. Issuer filing history.

Terminal Analysis

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Questions About This Offering

What is 1240 EDGEWOOD DR, CALUMET CITY, IL?

1240 EDGEWOOD DR, CALUMET CITY, IL is a $94,230 loan offering structured as a first lien position on a purchase & renovation project in CALUMET CITY, IL listed on Groundfloor. The offering carries a stated rate of 11%, a term of 15 months, a loan-to-value of 67.3%, and a minimum investment of $10. It is secured by Real estate at 1240 EDGEWOOD DR, IL.

What interest rate does 1240 EDGEWOOD DR, CALUMET CITY, IL pay?

The offering carries a stated rate of 11% over a term of 15 months, as disclosed at the time of the offering on Groundfloor. Stated rates are not guaranteed returns; repayment depends on the borrower and the underlying collateral.

What is the loan-to-value on 1240 EDGEWOOD DR, CALUMET CITY, IL?

The disclosed loan-to-value is 67.3% on the property in CALUMET CITY, IL. For fix-and-flip and construction lending, this ratio is typically measured against after-repair value rather than the current as-is value, so it reflects a projected valuation rather than a realized one.

Who is the issuer of 1240 EDGEWOOD DR, CALUMET CITY, IL?

The securities are issued by GF Finance.

What property backs 1240 EDGEWOOD DR, CALUMET CITY, IL?

The offering circular identifies the property as 1240 EDGEWOOD DR, CALUMET CITY, IL 60409. The loan is a first lien. Loan-to-after-repair-value is disclosed as 67.3%.

What is the minimum investment for 1240 EDGEWOOD DR, CALUMET CITY, IL?

The disclosed minimum is $10. Eligibility, availability, and the current status of this offering are determined by Groundfloor, not by AltStreet.

Is 1240 EDGEWOOD DR, CALUMET CITY, IL still open to investors?

AltStreet's record shows the offering as active. AltStreet tracks this offering from SEC filings, last captured 2026-06-01. Offering status changes without a corresponding filing in many cases, so current availability should be confirmed directly with Groundfloor before acting.