STAK Holdings Acquires Glenview, IL Multifamily Portfolio For $1.5M

A two-property portfolio in Glenview, IL has been sold for a total of $1,500,000. The multifamily assets, located at 10382 and 10362 Michael Todd Terrace, comprise a total of 12 units spanning 9,600 square feet. The sale price equates to a per-unit price of $125,000 and a price per square foot of $156. The transaction took place on October 13, 2022.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $1,500,000
• Address: 10382 & 10362 Michael Todd Terrace, Glenview, IL
• Units: 12
• Price per Unit: $125,000
• Square Feet: 9,600
• Price per Square Foot: $156

Congratulations to Anthony Citriglia, Jacob Goldstein, and Steven Livaditis from Essex Realty Group for their involvement in the deal. Citriglia represented the seller, while Goldstein and Livaditis represented the buyer, STAK Holdings, led by Sam Trachtman.

For any inquiries about this sale or to explore suburban investment opportunities, please contact Essex Realty Group.