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17 Templeton Court

Lina Shah Of Coldwell Banker Represents Buyer In 3 Acre Land Sale In Oak Brook For $1.36M
SOLDLand

Lina Shah Of Coldwell Banker Represents Buyer In 3 Acre Land Sale In Oak Brook For $1.36M

17 Templeton Court

$1,362,500

Building Size

Asset Type

Land

Closing

Aug 23, 2024

AI

A 3-acre land parcel located at 17 Templeton Court in Oak Brook was sold for $1,362,500. The property is situated in a gated community that features 55 acres of green space and ponds, providing a setting suitable for the construction of custom estate homes.

Summary of transation details:

This transaction left only two lots remaining in the Templeton Reserve development, highlighting the exclusivity of the area. The involvement of Lina Shah and Chris Pequet emphasizes the collaboration between prominent real estate agencies in facilitating the deal.

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

11.64%

Cash-on-Cash

-3.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93