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15 Templeton Drive

Updated Dec 4, 2024

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

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

About this deal

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:

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.

On the Map

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$1,380,000

Land

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Players

Chris Pequet

Sotheby's International Realty

Broker

$9.1M

vol

7 deals

Broker
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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

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