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Recently Constructed Triplex
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1603 Timber Wolf Lane, Mahomet, IL 61853

Three-unit property beside a small pond with convenient access to Rt. 150 and I-74.

Property SizeContact for details
Days on Market145

Property Features for 1603 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 30 at 11:16AM

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.

Located at 1603 Timber Wolf Lane in Mahomet, this recently constructed property contains three residential units. It is one of four adjoining triplexes offered along the same small pond setting.

The property provides access to Rt. 150 and I-74. The neighboring triplexes at 1605, 1607, and 1609 Timber Wolf Lane are also available, allowing for consideration of the individual property or the adjoining group.

Key Highlights

  • Recently constructed triplex
  • Three residential units at 1603 Timber Wolf Lane
  • One of four adjoining triplexes situated along 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

185
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 beside a small pond with convenient access to Rt. 150 and I-74.
Where is this triplex located?
The property is located at 1603 Timber Wolf Lane Mahomet, IL.
What are key features of this property?
This property features: Recently constructed triplex; Three residential units at 1603 Timber Wolf Lane; One of four adjoining triplexes situated along a small pond
(217) 202-0924 Call to check price and availability
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