Residential Development Land
For Sale
$47,000
508 County Road 2490 North, Mahomet, IL 61853
Flexible land holding in Mahomet suited for residential development or private estate planning.
Property SizeContact for details
Days on Market74
Property Features for 508 County Road 2490 North
General Information
Standard status
Active
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$962
Listing Agency:
Nate Evans Group
(217) 239-7113
Listed By:
Nate Evans · License #475124281
(217) 239-7113
Source:
Compass
Added: May 28
Changed: Aug 8
Last Checked: Jul 16 at 6:22AM
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 Nate Evans Group
Investment Insights
Based on property information with market context.
This offering is a land parcel identified as Residential land & home lots, presented as a for-sale opportunity. The property can be used to support residential development plans, or structured for a private estate concept, depending on the buyer’s intended design and end use.
The parcel is located in the Mahomet area, with access described as convenient to nearby schools, shopping, and commuter routes. The surrounding community appeal is positioned as a key consideration for buyers looking for a livable residential setting.
For buyers, this land provides a practical foundation for constructing a new home or developing multiple residential improvements, subject to applicable planning and permitting requirements. It may also appeal to buyers seeking a longer-term ownership strategy for a residential use in Mahomet, given the property’s stated suitability for residential and estate-style applications.
The parcel is located in the Mahomet area, with access described as convenient to nearby schools, shopping, and commuter routes. The surrounding community appeal is positioned as a key consideration for buyers looking for a livable residential setting.
For buyers, this land provides a practical foundation for constructing a new home or developing multiple residential improvements, subject to applicable planning and permitting requirements. It may also appeal to buyers seeking a longer-term ownership strategy for a residential use in Mahomet, given the property’s stated suitability for residential and estate-style applications.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
173
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Flexible land holding in Mahomet suited for residential development or private estate planning.
Where is this residential land & home lot located?
The property is located at 508 County Road 2490 North Mahomet, IL.
What is the asking price?
The asking price for this property is $47,000.
