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Stephen Rachman

Marcus & Millichap Chicago Apartment Brokers
16 Closed Sales
$17.8M Total Value
$345K - $4M Price Range
$1.1M Average Price
Prior 5 years

About Stephen

Stephen Rachman is a Managing Director of Investments in the Chicago Downtown Office. He began his career with the firm in 2002 as a broker focused on the multifamily housing market in northwest Cook County, Illinois. He was promoted to the position of Sales Manager in the Chicago Downtown office in February 2003. Stephen was appointed Regional Manager of the Chicago Downtown office in February 2004.

Mr. Rachman returned to the sales force in July 2004 and was honored with five Sales Achievement Awards and qualified for the prestigious National Achievement Award in 2005. He was promoted to First Vice President Investments in July 2008. From 2013-2017, Rachman oversaw the operation of the Firm’s Chicago O’Hare Office which had 45 Investment Sales Professionals.

Now a Managing Director of Investments with over his 23+ at Marcus & Millichap, Mr. Rachman has personally closed and overseen the closing of over 550 transactions valued at more than $5,000,000,000.

Stephen received a Bachelor of General Studies degree with dean’s list honors from the University of Iowa.
Home Types: MultiFamily, Commercial, Lot/Land
Years of Experience: 6
Education: University of Iowa

Transaction History

Seller Deals

Total Deals
1
Total Value
$785,000
Average Sale Price
$785,000

Buyer Deals

Total Deals
1
Total Value
$4,030,000
Average Sale Price
$4,030,000

Seller Deals

Total Deals
2
Total Value
$1,567,000
Average Sale Price
$783,500
Price Range
$782K - $785K

Buyer Deals

Total Deals
1
Total Value
$4,030,000
Average Sale Price
$4,030,000

Seller Deals

Total Deals
15
Total Value
$13,812,000
Average Sale Price
$920,800
Price Range
$345K - $2M

Buyer Deals

Total Deals
1
Total Value
$4,030,000
Average Sale Price
$4,030,000

Production Over Time

5 Year View

Stephen's Listings and Deals

Awards and Designations

  • National Achievement Award: 2005
  • Sales Recognition Award: 2022, 2008, 2007, 2006, 2005
  • SIA Induction: 2008
Agent License: Illinois 471.011504
Agent Photo

Stephen Rachman