• 1715 Tin Cup Road Mahomet, IL 61853

  • $595,000
  • 0
    Sq Ft
  • 7
    Acres
  • Listed By: eXp Realty,LLC
  • Source: Midwest Real Estate Data LLC (MRED)

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.

Property Type :

Land

County :

Champaign

Style :

Land

Property Details

 

Lot Information

Lot Dimensions: 300X950

Lot Acres: 7

Lot Size: 6.0-7.99 Acres

Property Information

Property Type: Land

Sub Type: Land

Listing Price Information

Original List Price: $725000

Tax Information

Annual Tax: $0

Tax Year: 2022

Parcel Number: 151314282002

School Information

Elementary School: Mahomet Elementary School

Junior High School: Mahomet Junior High School

Senior High School: Mahomet-Seymour High School

Utility Information

Electric Nearby, Electric to Site, Gas Nearby, Gas to Site, Sanitary Sewer, Sanitary Sewer, Sewer-Storm Available, Water-Community, Water to Site, Fiber

Location Information

City: Mahomet

Direction: West on I-74 to Praireview exit. North on Prairieview Rd. West on Tin Cup Road.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
205 S Ranch Lane, Mahomet, IL,61853 $490,000 -- -- -- 23.41 Acres
605 Isabella Drive, Mahomet, IL,61853 $480,000 4 3 2,387 0.21 Acre
2655 County Road 550 East, Mahomet, IL,61853 $899,900 3 3 3,165 15 Acres
1308 Roberto Road, Mahomet, IL,61853 $67,500 -- -- -- 0.33 Acre
1310 Roberto Road, Mahomet, IL,61853 $113,500 -- -- -- 0.54 Acre
1311 Roberto Road, Mahomet, IL,61853 $89,000 -- -- -- 0.35 Acre
425 County Road 2425 N .., Mahomet, IL,61853 $699,000 -- -- -- 16.94 Acres
716 Cole Lane, Mahomet, IL,61853 $392,715 4 3 2,029 --
508 Wheatley Drive, Mahomet, IL,61853 $429,900 4 3 2,263 0.19 Acre
1305 E White Oak Road, Mahomet, IL,61853 $895,000 5 5 4,025 0.55 Acre

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ByOwner last updated this listing 05/11/2024 @ 18:20

MLS: MRED #11903597
LISTED BY: Quentin McNew, eXp Realty,LLC
SOURCE: Midwest Real Estate Data LLC (MRED)
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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