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    205 S Ranch Ln Mahomet, IL 61853

    For Sale
    $490,000

    Land - Mahomet, IL

    Lot size:
    23.41 Acres
    Days on Market:
    114
    Last Refresh:
    Dec 9 at 11:06 am

    Property Features for 205 S Ranch Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    SINGL
    APN
    151314251008
    Lot size
    23.41 Acres

    Building Details

    Architectural style
    Other

    eXp Realty, LLC (888) 574-9405 [email protected]

    Listing agent Nate Evans (888) 574-9405 License #475124281

    Listing date Aug 18, 2025

    MLS# 10541804 Listing URL

    Copyright © 2025 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.

    Overview

    Mahomet Land with Development Potential

    This property features over 22 acres of land in Mahomet, Illinois. The lot is completely wooded, characterized by mature trees and scrub brush, with a rolling terrain. It is suitable for a custom build or development, with potential uses ranging from light industrial to residential, commercial, or multifamily projects. The property benefits from access to city amenities. This infill lot presents a rare opportunity, offered at a price below the average development cost.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mahomet
    County
    Champaign
    State
    Illinois
    Longitude
    -88.381264
    Latitude
    40.193339

    Nearby Similar for Sale

    • $275,000
      1,568 SF

      Upgraded Zerolot with Commons View

      Open floor plan with desirable features and convenient location.
      404 S Windwood Ln, Mahomet, IL 61853
      View Details

    FAQs

    What type of property is this?
    Land - Over 22 acres in Mahomet, suitable for various development projects.
    Where is this land located?
    The property is located at 205 S Ranch Ln Mahomet, IL.
    What is the asking price?
    The asking price for this property is $490,000.
    What are key features of this property?
    This property features: - Over 22 acres of wooded land within city limits.; - Versatile zoning allows for residential, commercial, light industrial, or multifamily development.; - Rare infill lot opportunity.
    (888) 574-9405
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    205 S Ranch Ln Mahomet, IL 61853
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    Mahomet, IL 61853
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    205 S Ranch Ln Mahomet, IL 61853
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