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Savoy,IL 61874
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Orig Town Of Savoy
MLS Listing ID 11955209
Tax Year 2022
Lot Size 1.000 Acres
Lot Dimensions 1 ACRE
Property Description
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.
Location
State IL
County Champaign
Area Champaign, Savoy
Zoning OTHER
Interior
Fireplace N
Laundry None
Exterior
Utilities Available Electric to Site,Gas Nearby,Sanitary Sewer,Sewer-Storm Available,Water-Municipal
Building
Dwelling Type Land
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