facebook
Traded Co logo
Submit

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

Property Image
SOLD
$1,500,000
Jacob Goldstein
Anthony Citriglia
Steven (Steve) Livaditis
+ 1

Illinois

See Similar Deals
MultiFamily19,200 SF
Sold 10/13/2022
the dealplayerscompscontact
Property Image
SOLD

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

10382 Michael Todd Terrac & 10362 Michael Todd Terrace

See Similar Deals
MultiFamily19,200 SF
Sold 10/13/2022
Jacob Goldstein
Anthony Citriglia
Steven (Steve) Livaditis
+ 1
the dealplayerscompscontact
Contact now

Summary

ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$78
Total Square Footage:19,200 SF
Transaction Type:Sale

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.

Players

Steven (Steve) Livaditis
Essex Realty Group
Steven Livaditis
40 deals$195.2M volume
BROKER
Anthony Citriglia
Essex Realty Group
Anthony Citriglia
30 deals$93.4M volume
BROKER
Jacob Goldstein
Greenstone Partners
Jacob Goldstein
20 deals$46.6M volume(847) 385-8181
BROKER
Sam Trachtman
Sam Trachtman
6 deals$56.9M volume
BUYER

Details

SOLD
IMAGE: Anthony Citriglia, Steven Livaditis, Jacob Goldstein & Sam Trachtman DATE: 10/13/2022 ADDRESS: 10382 & 10362 Michael Todd Terrace MARKET: Glenview, IL ASSET TYPE: Multifamily BUYER: STAK Holdings (@STAKHoldings) - Sam Trachtman (@Sam_Trachtman) BROKERS: Anthony Citriglia (@Mr_multifamily), Jacob Goldstein (@J3tinvestments) & Steven Livaditis - Essex Realty Group (@EssexRealtyGroupInc) SALE PRICE: $1,500,000 UNITS: 12 ~ PPU: $125,000 SF: 9,600 ~ PPSF: $156 NOTE FROM BROKERS: Congratulations to Anthony Citriglia (@mr_multifamily), Jacob Goldstein (@jt3investments) and Steven Livaditis on the sale of this two property portfolio in Glenview, IL. Citriglia represented the seller, and Goldstein & Livaditis represented the buyer, STAK Holdings - Sam Trachtman. Please contact Essex (@essexrealtygroupinc) with any questions regarding this sale, or to learn more about their suburban investment opportunities.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$79,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,329.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,110.77
Annual Debt Service$85,329.18