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.
Listing courtesy of Quentin Mcnew at
Property Details
Price:
$685,000
MLS #:
2960353725
Status:
Active
Baths:
0
Address:
1715 Tin Cup Rd
Type:
Land
City:
Mahomet
Listed Date:
Oct 7, 2023
State:
IL
ZIP:
61853
Lot Size:
304,920 sqft / 7.00 acres (approx)
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- Address1715 Tin Cup Rd Mahomet IL
- CityMahomet
- Zip Code61853
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1715 Tin Cup Rd
Mahomet, IL
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