Savoy, IL 61874,Lot 3 CLARENDON CT
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$ 470,000
Est. payment | /mo

1 Acres Lot


Save
$ 470,000
Est. payment | /mo
Save

1 Acres Lot

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

Waterfront false

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

Midwest Real Estate Data (MRED) IDX
Listed by Max Mitchell • RE/MAX REALTY ASSOCIATES-CHA

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