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    700 Eastwood Dr Mahomet, IL 61853

    For Sale
    $1,050,000

    Land - Mahomet, IL

    Lot size:
    1.00 Acre
    Days on Market:
    105
    Last Refresh:
    Dec 15 at 7:06 am

    Property Features for 700 Eastwood Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    151315251032
    Lot size
    1.00 Acre

    Building Details

    Architectural style
    Other

    Taylor Realty Associates (217) 355-0700 [email protected]

    Listing agent Russell Taylor (217) 355-0700 License #471001422

    Listing date Sep 2, 2025

    MLS# 12445089 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

    Prime Commercial Lot in Mahomet

    A 1-acre commercial lot is available for sale in Mahomet, Illinois. The property is located just off the first exit into town. The interstate near the property averages 34,000 daily travelers. The location is surrounded by established national brands including Starbucks, Arby's, and Jimmy John's. The site is suitable for retail, office, or restaurant development. The property is located within Mahomet's expanding commercial corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mahomet
    County
    Champaign
    State
    Illinois
    Longitude
    -88.3979775
    Latitude
    40.1964515

    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?
    Commercial land - High-visibility 1-acre commercial lot near established national brands.
    Where is this commercial land located?
    The property is located at 700 Eastwood Dr Mahomet, IL.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: - Prime 1-acre commercial lot with high visibility and easy access off the first exit into Mahomet, Illinois.; - High-traffic location with 34,000 daily interstate travelers.; - Surrounded by established national brands like Starbucks, Arby's, and Jimmy John's.
    (217) 355-0700
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    700 Eastwood Dr 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
    700 Eastwood Dr Mahomet, IL 61853
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