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Oak Brook 60523
7 TEMPLETON Drive
$1,500,000
● Land - Off Market

7 TEMPLETON Drive

Oak Brook, IL 60523
bedrooms
Studio
bathrooms
0 Bath
$1,972,604
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

With over fifty-five acres of green fields, large stands of mature trees, wetlands, numerous ponds and Bronswood Creek, Templeton Reserve is comprised of twenty Estate Lots ranging in size from two to four plus acres and one 8,000SF custom designed residence. Templeton Reserve affords residents sophisticated country living with full access to all that Chicago has to offer-a truly perfect family location. An unrivaled opportunity for discriminating buyers to design and build an executive home in a private, gated community. This property is an exceptionally rare opportunity.
Unit Size
-
Days on Market
-
Land Size
3.60 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,040
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11320338)

Price History

Date / Event Date Event Price
Jun 23, 2022 Sold
Premium
Sold
Feb 8, 2022 Listed by Jameson Sotheby's International Realty $1,950,000
Listed by Jameson Sotheby's International Realty

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 156,816
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TEMPLETON RESERVE SUB
  • Land Acres: 0000003600
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: TEMPLETON RESERVE SUB ALL

Neighborhood

  • School District Name: Butler School District 53
  • School Tax School District: OAK BROOK
  • Census Tract: 844601

Geography

  • Parcel: 06-35-301-050
  • Lot: 4
  • Municipality: YORK
  • Latitude: 41.8223
  • Longitude: -87.9485

    Address

  • Full Address: 7 Templeton Dr
  • Address - House Number: 7
  • Address - Street Name: Templeton
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Oak Brook
  • Carrier Code: C066
  • 4-Digit Zip Code: 2700
  • Zip Code: 60523

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,404,638
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 6143

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 1,402,010
  • High Value: 1,616,690
  • Low Value: 1,187,330

    Market Valuation

  • Market Total Value: $1,125,630
  • Market Land Value: $1,125,630

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $375,210
  • Assessed Land Value: $375,210

    Sales

  • Current Sale Contract Date: Jun 23, 2022
  • Current Sale Recording Date: Jun 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 61355
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Oak Brook

Stats & Trends

Median Asking:

$1,186,000

Sale Price/ft²

$336

Below Asking

0.01%

Average Days on Market

53

Average Home Size

6409 ft²

Average Home Age

40.5 years

Currently For Sale

15 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Chris Pequet, Jameson Sotheby's International Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11320338
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 7 Templeton Drive built and last sold?
The property at 7 Templeton Drive was built in and last sold on Jun 23, 2022 for $1,500,000.
How much is this home worth?
The estimated value of the home located at 7 Templeton Drive is $0.
What are some comparable homes to 7 Templeton Drive?
There are currently no comparable homes to 7 Templeton Drive.
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