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Kun Liu Of Compass Represents Buyer In $1.38M Land Sale In Oak Brook

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SOLD
$1,380,000

Illinois

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Land
Sold 06/10/2024
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SOLD

Kun Liu Of Compass Represents Buyer In $1.38M Land Sale In Oak Brook

15 Templeton Drive

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Land
Sold 06/10/2024
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Summary

ILLINOIS
Asset Type:Land
Transaction Type:Sale

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:

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

Chris Pequet
7 deals$9.1M volume
BROKER

Details

SOLD
IMAGE: Chris Pequet DATE: 06/10/2024 ADDRESS: 15 Templeton Drive MARKET: Oak Brook ASSET TYPE: Land ~ ACRES: 3.23 BUYER'S REP: Kun Liu - Compass (@Compass) SELLER'S REP: Chris Pequet (@Chris_Pequet) - Jameson Sotheby's International Realty (@JamesOnSIR) SALE PRICE: $1,380,000 NOTE: Kun Liu of Compass represented the buyer in the $1.38 million purchase of vacant land at 15 Templeton Drive in Oak Brook. Chris Pequet from Jameson Sotheby's International Realty acted as the seller's representative in the transaction for one of the Estate Lots within the Templeton Reserve, offering exclusive country living near Chicago.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$73,600.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,902.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,541.90
Annual Debt Service$78,502.85