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Commercial Development Lot
For Sale
$1,050,000

700 Eastwood Drive Mahomet, Mahomet, IL 61853

Shovel-ready commercial lot near a major interstate exit, positioned for visibility and convenient access into town.

Property SizeContact for details
Lot Size1.00 Acre
Days on Market43

Property Features for 700 Eastwood Drive Mahomet

General Information

Standard status Active
Lot size 1.00 Acre
Property subtype Land

Additional Details

Traffic Count 34,000 vehicles/day

Taxes and HOA fees

Annual Taxes $11,430

Amenities

City Street
1 acre
1
No
224.7
Asphalt
Listing Agency:
Listed By: Nora Carrillo · License #475185100
Source: Remaxadream
Added: Jul 8 Changed: Aug 16 Last Checked: Aug 16 at 8:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nora Carrillo

Investment Insights

Based on property information with market context.

A shovel-ready commercial lot is available for sale at 700 Eastwood Drive in Mahomet, Illinois. The property is positioned just off the first exit into town, with the stated goal of maximizing visibility and maintaining straightforward access for customers and deliveries.

The interstate is reported to average 34,000 daily travelers, supporting a high-traffic setting for commercial development. The surrounding area includes well-known national brands such as Starbucks, Arby’s, and Jimmy John’s, reflecting an established retail and dining presence along Mahomet’s commercial corridor.

This site is being marketed for potential retail, office, or restaurant development, with the available materials indicating it is ready to move forward.

Key Highlights

  • 1‑acre commercial lot in Mahomet, IL
  • 224.7 ft frontage on a city street with asphalt road surface
  • Located just off the first exit into town for convenient access

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Building Supply Nail Salon Auto Repair Shop Electrical Service Big Box & Wholesale Store

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

Lease Details

34,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

394
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
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Frequently Asked Questions

What type of property is this?
Commercial land - Shovel-ready commercial lot near a major interstate exit, positioned for visibility and convenient access into town.
Where is this commercial land located?
The property is located at 700 Eastwood Drive Mahomet 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: 1‑acre commercial lot in Mahomet, IL; 224.7 ft frontage on a city street with asphalt road surface; Located just off the first exit into town for convenient access
More about this property
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