Updated Oct 28, 2024
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
About this deal
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.
On the Map
$2,800,000
$176/SF
MultiFamily
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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