Oak Brook Land Acquired For $1.5M With Buyer's Rep Farhan Hasan & Seller's Rep Chris Pequet
11 Templeton Drive
$1,500,000
Building Size
—
Asset Type
Land
Closing
Sep 9, 2023
About this deal
AI
A 3.65-acre land parcel located at 11 Templeton Drive in Oak Brook was successfully sold for $1,500,000. The transaction took place on 09/09/2023. The property is a vacant land and is situated in the Oak Brook market.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,500,000
- Address: 11 Templeton Drive
- Market: Oak Brook
- Asset Size: 3.65 acres
The buyer's representative in this transaction was Farhan Hasan from Guidance Realty, while Chris Pequet, a broker from Jameson Sotheby's International Realty, represented the seller.
On the Map
$1,500,000
Land
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Players
Oak Brook Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93