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Stephen Rachman

Chicago, IL
Marcus & Millichap Chicago Apartment Brokers
18 Closed Sales
$15.5M Total Value
$650K - $2M Price Range
$863.1K Average Price
Prior five years

About Stephen

Stephen Rachman is a Senior Vice President 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 four Sales Achievement Awards and qualified for the prestigious National Achievement Award in 2005. He was promoted to Vice President Investments in July 2008. Now a First Vice President Investments, Rachman has aligned with Kyle Stengle to further grow the team's presence in the sale of Chicagoland Multifamily and Mixed Use properties. Over his 15+ year career with Marcus & Millichap, Mr. Rachman has personally closed and overseen the closing of over 500 transactions valued well in excess of 4.5 billion dollars.

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: 5

Transaction History

Seller Deals

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

Seller Deals

Total Deals
3
Total Value
$2,467,000
Average Sale Price
$822,333
Price Range
$782K - $900K

Seller Deals

Total Deals
17
Total Value
$14,489,000
Average Sale Price
$852,294
Price Range
$339K - $2M

Buyer Deals

Total Deals
3
Total Value
$3,202,000
Average Sale Price
$1,067,333
Price Range
$955K - $1.2M

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 #471011504
Agent Photo

Stephen Rachman