$490,000
$50K PRICE DROP

205 Ranch Ln Mahomet, IL 61853

Estimated payment $2,822/month

Total Views 8,730
23.41 Acres
$20,931 Price per Acre
1,019,740 Sq Ft Lot

About This Lot

Here it is! Over 22 acres with access to city amenities in Mahomet! Lot is completely wooded with some mature trees and scrub brush. Lot is rolling and full of character. Perfect lot for a custom build or development. Potential use anything from light industrial to residential, commercial or multifamily. Infill Lots like these hardly exist anymore and this is one of the last few remaining opportunities. Offered up at just below the average development cost. The last lot like this in town went for far more per acre.

Listing Agent

Nate Evans

eXp Realty-Mahomet License #475124281 Listed on: 10/08/2019

eXp Realty-Mahomet

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,823

Lot Details

  • 23.41 Acre Lot
  • Property is zoned SINGL

Schools

  • Mahomet Elementary School
  • Mahomet Junior High School
  • Mahomet-Seymour High School

Property Details

Property Type

Land

Est. Annual Taxes

$1,823

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Other
  • General Information: None
  • Legal Description: LOT 4B, REPLAT OF LOT 4 OF SHREEVES 1ST SUB
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: None
  • Possible Use: Commercial, Industrial, Office, Development, Recreational, Multi-Family, Single Family
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 293
  • Frontage Type: City Street, Public Road
  • List Price: 490000
  • Waterfront: No

Utilities

  • Utilities: Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby

Schools

  • Elementary School: Mahomet Elementary School
  • High School: Mahomet-Seymour High School
  • Middle/Junior School: Mahomet Junior High School
  • Middle/Junior School District: 3

Lot Info

  • Lot Size Acres: 23.41
  • Lot Dimensions: 981621.1
  • Zoning: SINGL
  • Lot Size: 10.0-24.99 Acres
  • Special Assessments: N
  • Estimated Land Sq Ft: 981,621.1
  • Land Description: Pasture,Rolling Rural,Wooded

Rental Info

  • Board Number: 22
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 1823.1
  • Tax Year: 2021
  • Tax Exemptions: None

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,055 $28,560 $25,450 $3,110
2023 $2,055 $25,970 $23,140 $2,830
2022 $1,916 $23,940 $21,330 $2,610
2021 $1,823 $22,630 $20,160 $2,470
2020 $1,793 $22,250 $19,820 $2,430
2019 $1,750 $21,900 $19,510 $2,390
2018 $1,703 $21,430 $19,090 $2,340
2017 $1,642 $20,410 $18,180 $2,230
2016 $1,634 $20,410 $18,180 $2,230
2015 $1,644 $20,410 $18,180 $2,230
2014 $1,572 $19,590 $17,450 $2,140
2013 $1,570 $19,590 $17,450 $2,140
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 For Sale $490,000 0.0% --
08/16/2025 08/16/25 Off Market $490,000 -- --
08/15/2025 08/15/25 For Sale $490,000 0.0% --
06/30/2025 06/30/25 Off Market $490,000 -- --
12/24/2023 12/24/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $490,000 0.0% --
03/21/2023 03/21/23 Pending -- -- --
12/09/2022 12/09/22 Price Changed $490,000 -9.3% --
10/08/2019 10/08/19 For Sale $540,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 10541804

Midwest Real Estate Data (MRED)

APN: 15-13-14-251-008