Commercial Land for Sale in Savoy, Illinois
Clarendon Ct Savoy, IL 61874
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
- 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 | $335,000 | $14,000 -4% | MRED |
Jan 4, 2024 | New listing | $349,000 | — | MRED |