Summary
422 NIAGRA STREET, PARK FOREST, IL is a $65,920 loan offering structured as a first lien position on a purchase & renovation project in PARK FOREST, IL listed on Groundfloor.
The offering carries a stated rate of 9%, a term of 12 months, a loan-to-value of 57.3%, and a minimum investment of $10.
It is secured by Real estate at 422 NIAGRA STREET, IL, and the borrowing entity is Prestige Housing Solutions Inc..
According to the offering circular, the loan is a first lien, on the property at 422 NIAGRA STREET, with a 12-month term, a 9% rate to the borrower.
AltStreet tracks 9 other Groundfloor offerings in PARK FOREST, IL, with disclosed rates ranging from 7% to 16%, and across 4,355 tracked Groundfloor offerings the median disclosed rate is 10.5%.
Terms shown here are drawn from SEC filing 0001104659-20-114770 and were captured by AltStreet on 2026-05-31. Figures are as disclosed at the time of the offering and are not updated for subsequent performance.
Disclosed Terms
- Offering amount
- $65,920
- Stated rate
- 9%
- Term
- 12 months
- Loan-to-value
- 57.3%
- Position
- First Lien
- Minimum investment
- $10
- Project type
- Purchase & Renovation
- Collateral
- Real Estate
- Return type
- Interest
- Borrowing entity
- Prestige Housing Solutions Inc.
- Status
- Active
- Target return
- 9%
- Collateral in place at close
- Yes
- Property address
- 422 NIAGRA STREET
- Lien position
- First Lien
- Loan term
- 12 months
- Rate to borrower
- 9%
- Loan-to-ARV
- 57.3%
- Loan principal
- $65,920
- Maximum offering
- $65,920
- Offering circular
- Form 1-A POS 0001104659-20-114770
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
9%
Above 18% of peers, median 10.5%. Low for the book.
Hold period
12 mo
Above 19% of peers, median 12 mo. Low for the book.
Loan to value
57.3%
Above 14% of peers, median 67.9%. Low for 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
422 NIAGRA STREET, PARK FOREST, IL is offered under Groundfloor's Regulation A (Form 1-A) program, a single SEC registrant that covers 1,266 tracked offerings. The program's filing history runs from 1-A on Mar 24, 2023 to 1-K on Apr 1, 2026. Those filings describe the program, not this loan; the terms above are this offering's own.
13 audited annual statements are on file for this issuer.
From SEC EDGAR, as filed. Issuer filing history.
Other Offerings by the Same Borrowing Entity
173 WESTWOOD DRIVE, PARK FOREST, IL
PARK FOREST, IL · Real Estate
137 HAY STREET, PARK FOREST, IL
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327 FARRAGUT STREET, PARK FOREST, IL
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406 SANDBURG STREET, PARK FOREST, IL
PARK FOREST, IL · Real Estate
Terminal Analysis
Terminal analysis for this offering
Terminal access unlocks rate, LTV, and term percentiles against every tracked peer, the borrower's prior-loan repayment record, the full valuation and cost stack, and more.
Access full researchQuestions About This Offering
What is 422 NIAGRA STREET, PARK FOREST, IL?
422 NIAGRA STREET, PARK FOREST, IL is a $65,920 loan offering structured as a first lien position on a purchase & renovation project in PARK FOREST, IL listed on Groundfloor. The offering carries a stated rate of 9%, a term of 12 months, a loan-to-value of 57.3%, and a minimum investment of $10. It is secured by Real estate at 422 NIAGRA STREET, IL, and the borrowing entity is Prestige Housing Solutions Inc..
What interest rate does 422 NIAGRA STREET, PARK FOREST, IL pay?
The offering carries a stated rate of 9% over a term of 12 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 422 NIAGRA STREET, PARK FOREST, IL?
The disclosed loan-to-value is 57.3% on the property in PARK FOREST, 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 422 NIAGRA STREET, PARK FOREST, IL?
The securities are issued by GRE1.
What property backs 422 NIAGRA STREET, PARK FOREST, IL?
The offering circular identifies the property as 422 NIAGRA STREET. The loan is a first lien. Loan-to-after-repair-value is disclosed as 57.3%.
What is the minimum investment for 422 NIAGRA STREET, PARK FOREST, IL?
The disclosed minimum is $10. Eligibility, availability, and the current status of this offering are determined by Groundfloor, not by AltStreet.
Is 422 NIAGRA STREET, PARK FOREST, IL still open to investors?
AltStreet's record shows the offering as active. AltStreet tracks this offering from SEC filings, last captured 2026-05-31. Offering status changes without a corresponding filing in many cases, so current availability should be confirmed directly with Groundfloor before acting.
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