Prime Commercial Lot in
For Sale
$1,050,000
700 Eastwood Drive, Mahomet, IL 61853
LAND - Mahomet, IL
Property SizeContact for details
Lot Size1.00 Acre
Days on Market342
Property Features for 700 Eastwood Drive
General Information
Property type
Land
Property subtype
Other
Elementary school
Mahomet Elementary School
Middle school
Mahomet Junior High School
High school
Mahomet-Seymour High School
Elementary school district
3
Middle school district
3
High school district
3
Directions
US Hwy 150, north on S Lombard St, east on Eastwood Dr
Subdivision
Western Champaign County / Piatt & McClean Counties
Standard status
Active
APN
151315251032
Lot size
1.00 Acre
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot pt 2 Sub of the NE 1/4 Sec. 15-20-7, Lot pt 4 Sub of the NE 1/4 Sec. 15-20-7, Lot pt A Dowell, J.B., Sub
Tax Annual Amount
11430
Legal Description
Lot pt 2 Sub of the NE 1/4 Sec. 15-20-7, Lot pt 4 Sub of the NE 1/4 Sec. 15-20-7, Lot pt A Dowell, J.B., Sub
Utilities
Utilities
Water Available
Listing Agency:
Taylor Realty Associates
(217) 355-0700
Listed By:
Russell Taylor · License #471001422
(217) 355-0700
Added: Sep 2, 2025
Changed: May 13
Last Checked: Aug 9 at 2:06PM
MLS# 12445089
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This is a 1-acre commercial lot for sale in Mahomet, Illinois. The property is located just off the first exit into town. The location benefits from high traffic, with the interstate averaging 34,000 daily travelers. The surrounding area includes established national brands such as Starbucks, Arby's, and Jimmy John's. The site is suitable for retail, office, or restaurant development. The property is described as shovel-ready and offers potential for investors or businesses looking to capitalize on Mahomet's expanding commercial corridor.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
394
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?
Commercial land - High-visibility 1-acre lot near interstate and national brands.
Where is this commercial land located?
The property is located at 700 Eastwood Drive 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.
