1 Acre of Commercial Land for Sale in Savoy, Illinois
Clarendon Ct Savoy, IL 61874
For Sale: Prime 1-Acre Commercial Building Site with Versatile Development Potential Explore a remarkable investment opportunity in the dynamic neighborhood business district of Savoy, adjacent to Champaign. This prime 1-acre site, previously zoned for diverse commercial use, is an ideal location for a 5,000 sq. ft. retail or professional building. Exceptional Opportunity for 1031 Exchange Buyers: This property offers a unique investment prospect for 1031 exchange buyers aiming to expand their portfolio in a high-demand area. Strategic Location: Perfectly situated near key arterial roads, the site provides seamless access to outstanding air transportation, ensuring ease of connectivity and convenience for future businesses. Surrounded by Affluence: This plot is nestled in an upscale region, surrounded by high-end shopping destinations, elite service providers, and a variety of exquisite dining options, catering to a sophisticated clientele. In addition to the main site, two adjoining plots are available, presenting a rare chance for a comprehensive package deal. This opportunity is more than just a building site; it's a pathway to establishing a prominent commercial presence in a rapidly growing and affluent community. Don't miss out on the chance to develop a landmark project in one of the most desirable locations.
Directions
SOUTH ON DUNLAP (SAVOY) OR US 45 TO CALVIN. WEST ON CALVIN TO CLARENDON WHICH IS ON THE NORTH SIDE OF THE ROAD
Property details
- County
- Champaign County
- Community
- Orig Town of Savoy
- School District
- 4
- Elevation
- 738 feet
- MLS Number
- MRED 11955209
- Date Posted
Legal description
LOT 3, SAVOY SQUARE SUB 5, PHASE 2 (NOT YET RECORDED)
Parcels
- 032036326048
Detailed attributes
Listing
- Type
- Land
- Franchise
- RE/MAX International
Nearby schools
Name | Level | District | Description |
---|---|---|---|
Champaign/Middle Call Unit 4 351 | Elementary | 4 | — |
Champaign/Middle Call Unit 4 351 | Middle | 4 | — |
Central High School | High | 4 | — |
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
May 10, 2024 | Price drop | $470,000 | $25,000 -5.1% | MRED |
Jan 4, 2024 | New listing | $495,000 | — | MRED |