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2601 West Jarlath Street

Sam Trachtman's STAK Holdings LLC Acquires Multifamily Property For $2.8M In Chicago
SOLDMultiFamily

Sam Trachtman's STAK Holdings LLC Acquires Multifamily Property For $2.8M In Chicago

2601 West Jarlath Street

$2,800,000

$176/SF

Building Size

15,900 SF

Asset Type

MultiFamily

Closing

Nov 2, 2022

AI

The multifamily property located at 2601 W Jarlath St in Chicago was recently sold for a price of $2,800,000. The property consists of 18 units, with an average price per unit of $155,556. The total square footage of the property is 15,900, resulting in a price per square foot of $176.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $2,800,000
  • Units: 18
  • Price per Unit: $155,556
  • Square Footage: 15,900
  • Price per Square Foot: $176
  • Address: 2601 W Jarlath St, Chicago

The buyer of the property is Sam Trachtman, representing STAK Holdings LLC. The broker involved in the transaction is Danny Logarakis from Kiser Group.

Players

Danny Logarakis

Kiser Group

Broker

$82.1M

vol

15 deals

Broker
Sam Trachtman

Sam Trachtman

STAK Holdings

Buyer

$56.9M

vol

6 deals

Buyer

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.67%

Cash-on-Cash

-1.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93