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205 S Ranch Lane, Mahomet, IL 61853

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For Sale
Sale Pending

$490,000

23.41 acres

Estimated Payment

$ 2,663 /mo. †

6.63% APR for 30 yrs.
$1,823 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 23.4 acres
    Lot size

Explore this Property

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.
MLS# 10541804

Courtesy Of eXp Realty, LLC

(888) 574-9405

Property Features

  • Architecture Style
    Other
  • Lot Size
    23.41 Acres

Map and Directions

Directions to 205 S Ranch Lane, Mahomet, IL 61853

Home seller CENTURY 21 Quest

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Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $2,511
  • Property Taxes
    $151
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $2,663

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Middletown Prairie Elementary School

Grades PK-2 Public School

Mahomet, IL 61853 0.8 miles
1301 s bulldog dr

738 total students

School Details

Lincoln Trail Elementary School

Grades 3-5 Public School

Mahomet, IL 61853 1.4 miles
102 e state st

719 total students

School Rating: B

School Details

Mahomet-seymour Jr High School

Grades 6-8 Public School

Mahomet, IL 61853 1.5 miles
201 w state st

753 total students

School Rating: A

School Details

Mahomet-seymour High School

Grades 9-12 Public School

Mahomet, IL 61853 1.7 miles
302 w state st

987 total students

School Rating: A

School Details
Other Nearby Schools Distance Type Grades School Rating
First School 0.5 miles Private PK-T1
Education For Employment Sys 330 6.4 miles Public 9-12

First School

Distance: 0.5 miles

Type Private

Grades: PK-T1

Education For Employment Sys 330

Distance: 6.4 miles

Type Public

Grades: 9-12

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Mahomet, IL 61853

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Mahomet, IL 61853

This community’s employment is highest in the food and administrative support industries. The area’s overall household expenses are above the national average.

86° July
Hottest Average Month
16° January
Coldest Average Month
4,286 Total Households in Area
1.7% Increase in population since the year 2010
41.7%
of households
have children
20 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Mahomet, IL 61853

Mahomet, IL 61853 has a population of 11,733 people in 4,286 households with a median age of 36.2 years old.

1.7%
Increase in population
since the year 2010
Population is Trending up
4,195
Total households as of 2010
5%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 36.2 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 90%
Hispanic 3%
Asian 2%
Black <1%
Other <1%
Native American <1%
The most prevalent ethnicity is White at 90%, followed by Hispanic at 3%, Asian at 2%, and Black at <1%.

Economics
for Mahomet, IL 61853

272 /sq mi
Population Density
$109,809 /yr
Median Household Income
$315,000
Median Sales Price
20 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $150-199,999k representing 15.99% of the households.

Transportation to Work

  • Drive 89%
  • Work from Home 10%
  • Walk or Bike 1%
  • Public Transit 0%

Occupancy by Type

Owned 3,686 80%
Rented 600 13%
Vacant 298 7%

White vs Blue Collar Jobs







White Collar 85%
Blue Collar 15%

Family & Education Facts
for Mahomet, IL 61853

36.2 Median Age

Average Household Size

2.7
persons per
household

73.7%

Married Households

Community Population By Education

Bachelors Degree 29%
Graduate Degree 19%
High School Graduate 19%
Some College 18%
Associates Degree 13%
Some High School <1%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 29.45% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
41.7% of households have children

Weather
for Mahomet, IL 61853

The weather for this area ranges from a high of 86° F in July to a low of 16° F in January

86° July
Hottest Average Month
16° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
16°
33°
Feb
20°
38°
Mar
30°
49°
Apr
40°
62°
May
51°
74°
Jun
60°
83°
Jul
64°
86°
Aug
62°
84°
Sep
54°
78°
Oct
43°
66°
Nov
32°
51°
Dec
22°
38°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Mahomet, IL 61853!
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Copyright © 2025 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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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