Commercial Land for Sale in Savoy, Illinois
Clarendon Ct Savoy, IL 61874
![Commercial Land for Sale in Savoy, Illinois](https://cdn.landsearch.com/listings/4xcT2/large/savoy-il-113491801.jpg)
Prime Commercial Building Site with Additional Adjoining Plots Discover an exceptional investment opportunity in the thriving neighborhood business district of Savoy, adjacent to Champaign. This offering includes a key 1/2-acre site recently zoned for the development of up to an 8-unit apartment building, along with two additional adjoining plots, which being sold separately or could be packaged as one total. Together, they create an expansive package deal for a comprehensive development project. Ideal for 1031 Exchange Buyers: This combined property presents an unparalleled chance for 1031 exchange buyers seeking a significant investment in a high-potential area. Prime Location: Located near major arterial roads, this site ensures easy access to exceptional air transportation facilities, blending connectivity with convenience. Center of Prosperity: Nestled in an upscale area, these plots are surrounded by a plethora of shopping options, premium service providers, and a variety of restaurants, epitomizing a high-end lifestyle. This is a rare opportunity to own a significant portion of prime real estate in one of the most sought-after locations. Offering more than just a building site, this is a gateway to a transformative project in a rapidly growing community. Seize the chance to make a landmark investment in a flourishing district.
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 11955192
- Date Posted
Legal description
LOT 2, SAVOY SQUARE SUB 5, PHASE 2 (NOT YET RECORDED)
Parcels
- 032036326048
Detailed attributes
Listing
- Type
- Lots And 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 decrease | $335,000 | $14,000 -4% | MRED |
Jan 4, 2024 | New listing | $349,000 | — | MRED |