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:
- 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.
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
11.64%
Cash-on-Cash
-3.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93