612 CLARENDON Court new

Savoy,IL 61874

$ 450000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

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

Zoning OTHER

Rooms

Basement None

Interior

Fireplace N

Laundry None

Exterior

Utilities Available Electricity Available,Natural Gas Nearby,Sewer Nearby

View Y/N true

Building

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

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