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11 Templeton Drive

Oak Brook Land Acquired For $1.5M With Buyer's Rep Farhan Hasan & Seller's Rep Chris Pequet
SOLDLand

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

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.

Players

Chris Pequet

Sotheby's International Realty

Broker

$9.1M

vol

7 deals

Broker

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