Marcus & Millichap

Steve Rachman


Stephen Rachman is a First 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. 

Chicago Downtown
Steve Rachman

Steve Rachman

First Vice President Investments
Tel: (312) 327-5400
Fax: (312) 327-5410

License:  IL  471.011504

International Council of Shopping Centers
Harold Eisenberg Foundation - Mentor / Case Challenge Advisor
Chicagoland Apartment Association - Associate Director
Rogers Park Builders Group - Director

Associate Member - National Multi Housing Group

  • Started with Marcus & Millichap in September 2002
  • Appointed Sales Manager, Chicago O'Hare in January 2003
  • Promoted to Regional Manager, Downtown Chicago (New Office Opening) in January 2004
  • Returned to Sales Force in June 2004
  • Promoted to Associate in March 2005
  • Promoted to Senior Associate in November 2005
  • Promoted to Vice President Investments in July 2008
  • Appointed to Regional Manager, Chicago  O'Hare in March 2013
  • Named First Vice President Investments in September 2017

National Achievement Award: 2005
Sales Recognition Award: 2008, 2007, 2006, 2005

  • National Achievement Award: 2005
  • Seven-Figure Club: 2008
  • Awarded Company Sales Plaque: 2008, 2007, 2006, 2005
  • Awarded Company Sales Plaque-Gross 550K: 2006, 2005