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Commercial Lot in Growing Community
For Sale
$1,500,000

1405 E Oak Street, Mahomet, IL 61853

LAND - Mahomet, IL

Property SizeContact for details
Lot Size3.50 Acres
Days on Market191

Property Features for 1405 E Oak Street

General Information

Property type Land
Property subtype Other
Elementary school Mahomet Elementary School
Middle school Mahomet Junior High School
High school Mahomet-Seymour High School
Elementary school district 3
Middle school district 3
High school district 3
Directions Head toward Lincoln Land Way, turn left onto US150 West into Mahomet, then turn left.
Subdivision Western Champaign County / Piatt & McClean Counties
Standard status Active
APN 151314300012
Lot size 3.50 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LOT 2 MIDDLETOWN SUB
Tax Annual Amount 6353
Legal Description LOT 2 MIDDLETOWN SUB
Listing Agency: The Real Estate Group,Inc
Listed By: Carol Meinhart · License #475127814
Added: Jan 30 Changed: Jul 2 Last Checked: Aug 9 at 1:06PM
MLS# 12557859

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3.5-acre commercial lot is located on Oak Street in Mahomet, Illinois. The parcel is well-situated and offers an excellent opportunity for new construction in a growing community. The lot is ideal for a variety of commercial uses, providing strong visibility and easy access. This build-ready opportunity is located in a prime Mahomet location.

Key Highlights

  • 3. 5‑acre commercial lot
  • Prime location on Oak Street in Mahomet
  • Excellent opportunity for new construction

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Parking Lot & Garage HVAC Service Auto Parts Store Electrical Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

408
Businesses Nearby

Demographics for 61853, IL

14,218
Population
5,338
Households
2.7
Avg Household Size
38
Median Age
52%
College-Educated
97%
High-School Grad
48.0 sq mi
ZIP Area
296
Density / Sq Mi
$114,974
Median Household Income
$56,473
Median Earnings
$1,226
Median Rent
$281,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 3.5-acre commercial lot in Mahomet, ideal for new construction.
Where is this commercial land located?
The property is located at 1405 E Oak Street Mahomet, IL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 3. 5‑acre commercial lot; Prime location on Oak Street in Mahomet; Excellent opportunity for new construction
More about this property
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