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
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