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Lina Shah Of Coldwell Banker Represents Buyer In 3 Acre Land Sale In Oak Brook For $1.36M
SOLD
$1,362,500
Illinois
See Similar DealsLand
Sold 08/23/2024
SOLD
Lina Shah Of Coldwell Banker Represents Buyer In 3 Acre Land Sale In Oak Brook For $1.36M
17 Templeton Court
See Similar DealsLand
Sold 08/23/2024
Summary
ILLINOIS
Asset Type:Land
Transaction Type:Sale
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:
- Property Type: Land
- Transaction Amount: $1,362,500
- Address: 17 Templeton Court
- Market: Oak Brook
- Acres: 3
- Buyer's Representative: Lina Shah - Coldwell Banker
- Seller's Representative: Chris Pequet - Jameson Sotheby's International Realty
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.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$72,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,840.67
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,458.95
Annual Debt Service$77,507.34
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