For Sale: Prime 2-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. 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.
MLS # | 12267583 |
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Listing Type | For Sale |
Style | Land |
Sub-Type | Resale |
Status | Active |
Days On Site | 161 |
Listing Provided By | RE/MAX REALTY ASSOCIATES-CHA | Max Mitchell |
Zoning | OTHER |
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Acreage | 1.97 |
Utilities | Electricity Available, Natural Gas Nearby, Sewer Nearby |
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Property | 9957 |
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State | IL |
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County | Champaign |
City | Savoy |
Zip Code | 61874 |
Area | Champaign | Savoy |
Community Name | Orig Town of Savoy |
School District | Central High School |
Elementary School | Champaign/Middle Call Unit 4 351 |
Middle School | Champaign/Middle Call Unit 4 351 |
High School | Central High School |
Listing VS Median (in Orig Town of Savoy) | |
Price: $495,000 low | high Med: $0 On site: 161 low | high Med: |