Commercial Land for Sale in Savoy, Illinois

Clarendon Ct Savoy, IL 61874

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$335,000
Active sale$14k dropEst $2,401/mo

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

Community
Orig Town of Savoy
School District
4
Elevation
738 feet
MLS Number
MRED 11955192
Date Posted

Legal description

Parcels

  • 032036326048

This property is located at Clarendon Ct Lot 2 in Savoy, IL 61874. The property is currently available for sale for $335,000. Listing data is sourced from Midwest Real Estate Data # 11955192.

Verify sale details at the property source or contact RE/MAX Realty Associates-Cha at (217) 373-4964.

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Copyright (C) 2024 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.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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