1 year on rocket

1715 Tin Cup Rd, Mahomet, IL, 61853

$475,000

7.00 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #11903597
Lot Size7.00 Acres
StatusActive

About 1715 Tin Cup Rd

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 Details

Property Features

Listing Office:

  • Office Name: eXp Realty,LLC
  • Office Phone: (888) 574-9405
  • Listing Agent: Quentin McNew

Lot Features

Lot Information:

  • Lot Size: 7.00 Acres

Other

Directions Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
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Housing Market Comparison

See how this home compares to others in Mahomet, IL.

Med. Sold Price

$389.4K

Med. Price/SqFt

$186

Avg. Days On Market

46

# of Sold Homes

12

1715 Tin Cup Rd vs Mahomet

407 DAYS ON ROCKET

+361 Days

$475,000

+$85.5K More

KEY TAKEAWAY

This property is $85.5K more than the Median Sold Price in Mahomet, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11903597

Listing Office:

  • Office Name: eXp Realty,LLC
  • Office Phone: (888) 574-9405
  • Listing Agent: Quentin McNew

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 1:15:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 19, 2000Home Sold
$599,000

History based on county public records data.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-409227
7
/10
  • Lincoln Trail Elementary School

  • 102 E State St

  • 1.66 miles

  • Public District Grades 3-5

school-card-donut-409228
3
/10
  • Garden Hills Elementary School

  • 2001 Garden Hills Dr

  • 6.77 miles

  • Public District Grades KG-5

school-card-donut-409229
6
/10
  • Kenwood Elementary School

  • 1001 Stratford Dr

  • 7.66 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,626. The most common annual income of people living in Mahomet, IL is between $35k-100k. Most families are married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1715 Tin Cup Rd

What is the listing price of this property?

The listing price of 1715 Tin Cup Rd property is $475,000.

What type of property is this?

The property 1715 Tin Cup Rd is land located in Mahomet, Illinois, 61853.

Is this property for sale now?

Active Listing: 1715 Tin Cup Rd is For Sale (Active/New) which means the seller is accepting offers.

When was this property sold last time and for how much?

The last sale was on April 19, 2000 for $599,000. (source: MLS/tax record).

How much acreage is this property?

The property 1715 Tin Cup Rd is 7.00 acres.
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Rocket HomesIllinoisChampaign CountyMahomet618531715 Tin Cup Rd

This home is located at 1715 Tin Cup Rd in Mahomet, IL and zip code 61853. This home sits on a 7.00 acre lot. It has been listed on Rocket Homes since October 07, 2023 and is currently priced at $475,000.

While more than 1 listings in Mahomet, IL in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 8 were sold below. The number of homes for sale in Mahomet, IL decreased by 14.5% between September 2024 and October 2024. In October 2024 median list price was $389,450 and the average listing age was 46 days.

From Rocket Homes Real Estate and based on county public records data.

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