Kun Liu Of Compass Represents Buyer In $1.38M Land Sale In Oak Brook
15 Templeton Drive
$1,380,000
Building Size
—
Asset Type
Land
Closing
Jun 10, 2024
AI
The transaction involved the sale of a 3.23-acre vacant land located at 15 Templeton Drive in Oak Brook. The property was part of the Estate Lots within the Templeton Reserve, offering exclusive country living near Chicago. The sale price for this land was $1,380,000.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,380,000
- Address: 15 Templeton Drive
- Market: Oak Brook
- Buyer's Representative: Kun Liu - Compass
- Seller's Representative: Chris Pequet - Jameson Sotheby's International Realty
Kun Liu of Compass acted as the buyer's representative in the transaction, facilitating the $1.38 million purchase of the land. On the other side, Chris Pequet, from Jameson Sotheby's International Realty, represented the seller in this deal, ensuring a successful transaction for one of the Estate Lots within the Templeton Reserve.
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
11.49%
Cash-on-Cash
-3.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93