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Recently Constructed Triplex
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1607 Timber Wolf Lane, Mahomet, IL 61853

Three-unit property with a pond setting and access to Route 150 and I-74.

Property SizeContact for details
Days on Market145

Property Features for 1607 Timber Wolf Lane

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Gross Income $48,000
Highway Access Yes
Multifamily Units 3

Building Details

Buildings 1
Listing Agency: Mr. Landman
Listed By: Jon Fisher · License #IN RB18000549
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 11:03PM

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 Mr. Landman

Investment Insights

Based on property information with market context.

The property at 1607 Timber Wolf Lane is a recently constructed triplex in Mahomet, Illinois. It is offered individually and is part of a group of four continuous triplexes, with neighboring properties at 1603, 1605, and 1609 Timber Wolf Lane. The four buildings are situated on a small pond.

The property provides access to Route 150 and I-74 and is currently generating rental income. Buyers may consider the individual triplex or the full group of four properties.

Key Highlights

  • Recently constructed triplex
  • Three‑unit residential income property
  • Situated on a small pond

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Auto Parts Store HVAC Service Parking Lot & Garage

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

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

180
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property with a pond setting and access to Route 150 and I-74.
Where is this triplex located?
The property is located at 1607 Timber Wolf Lane Mahomet, IL.
What are key features of this property?
This property features: Recently constructed triplex; Three‑unit residential income property; Situated on a small pond
(217) 202-0924 Call to check price and availability
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