1715 Tin Cup Rd Mahomet, IL 61853
Property profile & analytics
1715 Tin Cup Rd, Mahomet, IL 61853
- Warehouses
- 3,414 SF
Property ID
US28-0695207
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Tincup RV Park Inc / Campground & RV Park
- Tin Cup Village / Campground & RV Park
Property Details for 1715 Tin Cup Rd
- Property type
- Warehouses
- APN
- 151314282001
- APU
- 151314282001
Description
This exceptional 7-acre property, located at 1715 Tin Cup Rd, Mahomet, IL 61853 (APN 151314276005), presents a rare development opportunity. Approved in August 2022, this fee-simple land is zoned for residential use and offers 22 detached single-family home lots. Ten lots measure 80 feet, and twelve measure 65 feet, providing a mix of options for potential buyers. The subdivision is situated adjacent to the Fox Run neighborhood, known for its high price per square foot due to low density. The property boasts convenient access to public water and sewer infrastructure, minimizing development costs. Its location near Lake of the Woods in Mahomet, a city with a high median household income in Champaign County, makes it highly attractive. The owner is open to long-term partnerships with developers, given the availability of additional adjacent acreage and diverse zoning that includes commercial (C1 and C2) designations. This allows for exploration of the highest and best use to meet market demand and absorption rates. The development plan emphasizes low density to maintain high property values, ensuring the privacy of single-family living and preserving the natural green space buffers. The property offers a family-friendly environment with easy access to I-74, excellent schools, recreational facilities, and the amenities of downtown Mahomet. This prime location provides a convenient commute to neighboring towns and cities, making it an ideal opportunity for building custom homes. Asking price is $475,000.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Mahomet
- County
- Champaign
- State
- Illinois
- Longitude
- -88.3758
- Latitude
- 40.1948
- CBSA code
- 16580
- CBSA name
- CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,316
$186,230
$45,200
$231,430
-
$558,690
$135,600
$694,290
