Sam Trachtman's Stak Holdings Acquires Chicago Portfolio For $23M | 5310 North Damen Avenue, 5314 North Damen Avenue, 5330 North Damen Avenue, 7250 North Western Avenue, 2559 West Bryn Mawr Avenue | Danny Logarakis | MultiFamily | Sale

Summary

Sale

ILLINOIS

MultiFamily

131 sqft

Five properties located in Chicago were recently sold in a portfolio sale for a total of $23,000,000. The properties include 5310 North Damen Avenue, 5314 North Damen Avenue, 5330 North Damen Avenue, 7250 North Western Avenue, and 2559 West Bryn Mawr Avenue. The total square footage of the portfolio is 131,475, with a price per square foot of $175.

Summary of transaction details

Property Type: Portfolio Sale
Transaction Amount: $23,000,000
Market: Chicago

The buyer of the portfolio is Sam Trachtman from Stak Holdings. The seller is Joseph Rotter. Danny Logarakis from Kiser Group acted as the broker for this transaction. The financing for the sale was provided by Matt Bowker.

Players

All
2

Agents
1
Agencies
1

Danny Logarakis

Advisor

$82.1M Sold

Kiser Group

Details

Deal Summary

SOLD

IMAGE: Sam Trachtman, Danny Logarakis & Matthew Bowker DATE: 12/21/2022 ADDRESS: 5310 North Damen Avenue, 5314 North Damen Avenue, 5330 North Damen Avenue, 7250 North Western Avenue, 2559 West Bryn Mawr Avenue MARKET: Chicago ASSET TYPE: Portfolio Sale BUYER: Sam Trachtman (@Sam_Trachtman) - Stak Holdings (@StakHoldings) SELLER: Joseph Rotter BROKER: Danny Logarakis - Kiser Group (@KiserGroup) FINANCED: Matt Bowker SALE PRICE: $23,000,000 SF: 131,475 ~ PPSF: $175

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Address5310 North Damen Avenue, 5314 North Damen Avenue, 5330 North Damen Avenue, 7250 North Western Avenue, 2559 West Bryn Mawr Avenue

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