Calling all Investors!! Check out this awesome real estate opportunity sitting on 1.8 Acres in Mahomet. Could be your future location for a home, flip, OR turn this into a commercial real estate location. Turn the first floor into office space with the second level being a personal residence or rental. Would be an excellent opportunity to use the land to start fresh and turn into an awesome business location. Call Today!
Closed
$210,000
503 S Lake Of The Woods Rd, Mahomet, IL 61853
3beds
3,200sqft
Single Family Residence
Built in 1957
1.81 Acres Lot
$242,600 Zestimate®
$66/sqft
$1,697 Estimated rent
Home value
$242,600
$209,000 - $277,000
$1,697/mo
Zestimate® history
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$1,697/mo
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$1,268/mo
Est. payment
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Est. payment
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Zillow last checked: 8 hours ago
Listing updated: January 04, 2024 at 09:48am
Listing courtesy of:
Nate Evans 217-493-9297,
eXp Realty-Mahomet,
Matt Walters 217-417-1202,
eXp Realty-Mahomet
Bought with:
Nate Evans
eXp Realty-Mahomet
Source: MRED as distributed by MLS GRID,MLS#: 11872122
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Main
- Area: 204 Square Feet
- Dimensions: 17X12
Bedroom 2
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11X11
Bedroom 3
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11X11
Family room
- Level: Second
- Area: 800 Square Feet
- Dimensions: 25X32
Kitchen
- Level: Main
- Area: 216 Square Feet
- Dimensions: 18X12
Living room
- Level: Main
- Area: 352 Square Feet
- Dimensions: 22X16
Heating
- None
Cooling
- None
Features
- Basement: None
Interior area
- Total structure area: 3,200
- Total interior livable area: 3,200 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
Lot
- Size: 1.81 Acres
- Dimensions: 195X290X228X80X120X266
- Features: Corner Lot, Mature Trees
Details
- Parcel number: 151315426005
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1957
Utilities & green energy
- Sewer: Septic Tank
- Water: Shared Well
Community & neighborhood
Community
- Community features: Sidewalks, Street Lights, Street Paved
Location
- Region: Mahomet
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 1/3/2024 | Sold | $210,000-16%$66/sqft |
Source:  MRED as distributed by MLS GRID #11872122 Report a problem | ||
| 11/30/2023 | Pending sale | $250,000$78/sqft |
Source: MRED as distributed by MLS GRID #11872122 Report a problem | ||
| 8/29/2023 | Listed for sale | $250,000$78/sqft |
Source: MRED as distributed by MLS GRID #11872122 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,389 +8.3% | $62,770 +10% |
| 2023 | $4,053 +7.4% | $57,060 +8.5% |
| 2022 | $3,773 +5.3% | $52,590 +5.8% |
Find assessor info on the county website
Neighborhood: 61853
Nearby schools
GreatSchools rating
- 7/10Lincoln Trail Elementary SchoolGrades: 3-5Distance: 0.9 mi
- 9/10Mahomet-Seymour Jr High SchoolGrades: 6-8Distance: 1 mi
- 8/10Mahomet-Seymour High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Mahomet Elementary School
- Middle: Mahomet Junior High School
- High: Mahomet-Seymour High School
- District: 3
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Illinois
- Champaign County
- Mahomet
- 61853
- 503 S Lake Of The Woods Rd