REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

- -

melanie@mccluskyteam.com

$450,000

Est. payment - /mo

1.97 Acres Lot

Save

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Pending

Purchase Type For Sale

Subdivision Orig Town Of Savoy

MLS Listing ID 12506656

Annual Tax Amount $8,058

Tax Year 2024

Lot Size 1.970 Acres

Lot Dimensions 83.76 X 38.1 X 185.24 X 188.84 X 81.48 X 139.97 X 258.04 X 13.5 X 159.43

Property Sub-Type Land

Property Description

Discover a premier commercial development opportunity in one of Savoy's most sought-after growth corridors. This 1.97-acre parcel is zoned for a wide range of commercial uses and is ideally suited for a 5,000 sq ft retail or professional building. Located in a high-visibility area with direct access to major arterial roads and just minutes from Willard Airport, the property offers an excellent location for businesses targeting both local and regional clientele. What sets this site apart is its proximity to upscale retail, elite service providers, and high-end dining-making it a natural fit for businesses catering to an affluent, discerning customer base. Concrete parking pads have already been installed, significantly reducing initial development time and cost. Additionally, village-approved site plans are included, streamlining the path to construction and eliminating potential entitlement delays. This property is also ideal for 1031 exchange investors seeking strong long-term growth potential in a supply-constrained market. The area continues to see robust economic development, with increasing demand for commercial space driven by population growth and rising consumer spending in the region. Whether you're an investor or owner-occupant, this is a rare chance to secure a foothold in a thriving business hub with strong fundamentals and high upside. Position your next project for success in one of Central Illinois's fastest-growing, business-friendly communities. This isn't just a site-it's a springboard to establish a long-term presence in a strategic, high-demand location.

Location

State IL

County Champaign

Area Champaign, Savoy

Zoning OTHER

Rooms

Basement None

Interior

Fireplace N

Laundry None

Exterior

Utilities Available Electric to Site, Natural Gas Nearby, Sewer Nearby

Building

Dwelling Type Land

Sewer Storm Sewer

Water Municipal Water

Schools

Elementary Schools Champaign/Middle Call Unit 4 351

Middle Schools Champaign/Middle Call Unit 4 351

High Schools Central High School

School District 4 , 4, 4

Others

Ownership Fee Simple

Special Listing Condition None

Read Less Info

Listed by Max Mitchell of RE/MAX REALTY ASSOCIATES-CHA

Nearby School & Business

Get More Information

- -

Broker License ID: -

Quick Search

612 CLARENDON CT Savoy, IL 61874

- -