Updated Dec 20, 2023
Berkshire Hathaway HomeServices Chicago Acquires Development Site In Oak Brook For $1.2M
8 Templeton Dr, Oak Brook, IL, USA
$1,200,000
$9/SF
Building Size
130,680 SF
Asset Type
Development Site
Closing
Jan 21, 2021
About this deal
AI
A development site located at 8 Templeton Dr in Oak Brook has been sold for $1,200,000. This 3-acre property has a price per acre of $400,000.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $1,200,000
- Address: 8 Templeton Dr, Oak Brook
- Market: Oak Brook
- Acres: 3
- Price Per Acre: $400,000
The sale of this development site was facilitated by Diana Ivas, Charles Ivas, and Elaine Zannis from Berkshire Hathaway HomeServices Chicago. They represented the parties involved in the transaction.
Players
Oak Brook Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93