7 Acres of Residential Land for Sale in Mahomet, Illinois
1715 Tin Cup Rd, Mahomet, IL 61853
Approved subdivision in August 2022 that consists of 7 acres that are all DETACHED single family homes. Located right next to public water and public sewer infrastructure tie in points that minimizes development costs. 22 Detached Single Family home lots adjacent to Fox Run neighborhood that COMPS at high price per sq ft due to low density. - 10 R1B lots (80 ft lots) and 12 R1C lots (65 ft lots) for 22 total lots. This is a rare development opportunity located by Lake of The Woods in Mahomet, IL: which is the highest median income household city in Champaign County. Owner is open to developer partner long term due to additional adjacent acreage, diverse land zoning that includes commercial (C1 and C2), and partnering to find highest and best use to demand with absorption rate. Development for low density to keep property value high, have the privacy of single family home living by nature, and enjoy the green space buffers the terrain has to offer. Agent owned.
Directions
West on I-74 to Praireview exit. North on Prairieview Rd. West on Tin Cup Road.
Property details
- County
- Champaign County
- Community
- Bement / Bondville / Cerro Gordo / Cisco / Deland
- School District
- 3
- Elevation
- 741 feet
- MLS Number
- MRED 11903597
- Date Listed
Parcels
- 151314282002
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Mahomet Elementary School | Elementary | 3 | — |
| Mahomet Junior High School | Middle | 3 | — |
| Mahomet-Seymour High School | High | 3 | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 29, 2024 | Price decrease | $595,000 | $40,000 -6.3% | MRED |
| Feb 8, 2024 | Price decrease | $635,000 | $50,000 -7.3% | MRED |
| Dec 18, 2023 | Price decrease | $685,000 | $40,000 -5.5% | MRED |
| Oct 7, 2023 | New listing | $725,000 | — | MRED |