# 1405 E Oak Street, Mahomet, IL 61853

> **TL;DR:** land, $1,500,000. Est. $8,023/mo. Listed 271 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,500,000 |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 271 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $7,585 |
| Estimated Insurance | $438 |
| **Total** | **$8,023** |

## Nearby Schools

- **Elementary:** Mahomet Elementary School
- **Middle:** Mahomet Junior High School
- **High:** Mahomet-Seymour High School

## Description

### Agent Description
Great 3.5-acre commercial lot located on Oak Street in Mahomet! This well-situated parcel offers an excellent opportunity for new construction in a growing community. Ideal for a variety of commercial uses, the lot provides strong visibility and easy access, making it a smart choice for your next development project. Don't miss this build-ready opportunity in a prime Mahomet location.

## Location

- **Address:** 1405 E Oak Street, Mahomet, IL 61853
- **County:** Champaign
- **Coordinates:** 40.186424, -88.384399
- **Google Maps:** https://www.google.com/maps?q=40.186424,-88.384399

## Listing Agent

- **Name:** Carol Meinhart
- **Brokerage:** The Real Estate Group LLC
- **Broker Phone:** (217) 898-9204
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1405-E-Oak-St_Mahomet_IL_61853_M97729-18535?f=listhub&s=MREDIL&m=12557859&c=propsimple)

## Photos

![1405 E Oak Street - Photo 1](http://lh.rdcpix.com/a4e0914cb67148503ee508f9aacea491l-f1421678837r.jpg)

![1405 E Oak Street - Photo 2](http://lh.rdcpix.com/a4e0914cb67148503ee508f9aacea491l-f2555251784r.jpg)

---

**MLS#:** 12557859 | **Updated:** 2026-10-20
**Source:** listhub

*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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/1405-e-oak-street-mahomet-il-61853-5fbb8943131c4c7bb3f557dbde24a1aa)

---

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