$475,000
1715 Tin Cup Road Mahomet, IL 61853
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$475,000
Est. payment /mo
7 Acres Lot
UPDATED:
10/03/2024 05:07 AM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11903597
Tax Year 2022
Lot Size 7.000 Acres
Lot Dimensions 300X950
Property Description
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.
Location
State IL
County Champaign
Interior
Fireplace N
Exterior
Utilities Available Electric Nearby, Electric to Site, Gas Nearby, Gas to Site, Sanitary Sewer, Sewer-Storm Available, Water-Community, Water to Site, Fiber
Waterfront false
View Y/N true
Schools
Elementary Schools Mahomet Elementary School
Middle Schools Mahomet Junior High School
High Schools Mahomet-Seymour High School
School District 3, 3, 3
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Quentin McNew • eXp Realty,LLC
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