Thank you
Max Mitchell
RE/MAX REALTY ASSOCIATES-CHA
217-352-5700
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.
Lot Dimensions: 1 ACRE
Lot Acres: 1
Lot Size: 1.0-1.99 Acres
Property Type: Land
Sub Type: Land
Original List Price: $495000
Annual Tax: $0
Tax Year: 2022
Parcel Number: 032036326048
Tax Exemption: None
Elementary School: Champaign/Middle Call Unit 4 351
Junior High School: Champaign/Middle Call Unit 4 351
Senior High School: Central High School
Electric to Site, Gas Nearby, Sanitary Sewer, Sewer-Storm Available, Water-Municipal
Subdivision: Orig Town of Savoy
City: Savoy
Direction: SOUTH ON DUNLAP (SAVOY) OR US 45 TO CALVIN. WEST ON CALVIN TO CLARENDON WHICH IS ON THE NORTH SIDE OF THE ROAD
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1403 Warwick Drive, Savoy, IL,61874 | $58,000 | -- | -- | -- | -- |
1415 Warwick Drive, Savoy, IL,61874 | $58,000 | -- | -- | -- | -- |
1503 Warwick Drive, Savoy, IL,61874 | $58,000 | -- | -- | -- | -- |
112 Shiloh Drive, Savoy, IL,61874 | $58,000 | -- | -- | -- | -- |
89 Shiloh Drive, Savoy, IL,61874 | $474,900 | 3 | 3 | 1,788 | -- |
1403 Winterberry Drive, Savoy, IL,61874 | $499,900 | 4 | 4 | 2,403 | -- |
303 Sutton Street, Savoy, IL,61874 | $485,500 | 3 | 4 | 2,238 | -- |
100 E Church Street, Savoy, IL,61874 | $995,000 | -- | -- | -- | 1.44 Acres |
502 Capitol Street, Savoy, IL,61874 | $499,900 | 3 | 3 | 2,010 | 0.36 Acre |
LOTS 1-79 Arlington Road, Savoy, IL,61874 | $1,630,000 | -- | -- | -- | -- |
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Based on information submitted to the MLS GRID as of 04/26/2024 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.
ByOwner last updated this listing 04/26/2024 @ 18:20
MLS: MRED #11955209
LISTED BY: Max Mitchell, RE/MAX REALTY ASSOCIATES-CHA
SOURCE: Midwest Real Estate Data LLC (MRED)
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.