For Sale
$335,000

1 Clarendon Ct Savoy, IL 61874

0.5-acre prime commercial lot, Savoy, IL

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 0.5-acre commercial lot in Savoy, Illinois, presents a unique investment opportunity. Located in a thriving business district near Champaign, this fee-simple property (APN 032036326048) is zoned for up to an eight-unit apartment building. The property's prime location offers easy access to major arterial roads and exceptional air transportation facilities. Its upscale neighborhood boasts abundant shopping, services, and restaurants. This site is ideal for developers seeking a significant project in a high-growth area and is particularly attractive to 1031 exchange buyers. Two additional adjoining plots are available for purchase separately or as a package deal, creating an expansive development opportunity. This combined property offers a chance to create a landmark investment in a flourishing district. The address is Lot 1 Clarendon Ct, Savoy, IL 61874. The asking price is $335,000.

Highlights

  • $335,000 asking price.
  • 0.5-acre commercial land parcel.
  • Located at Lot 1 Clarendon Ct, Savoy, IL 61874 (APN: 032036326048).
  • Fee simple ownership.
  • Zoned for up to an 8-unit apartment building.

Property Details for 1 Clarendon Ct

Property type
Land
Lot Size (sq. ft)
21,780 SF

Location Insight

City
Savoy
County
Champaign
State
Illinois
Latitude
40.0603125
Longitude
-88.2528699

FAQs

What type of property is this?
Land - 0.5-acre prime commercial lot, Savoy, IL
Where is the land located?
The property is located at 1 Clarendon Ct Savoy, IL.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: $335,000 asking price.; 0.5-acre commercial land parcel.; Located at Lot 1 Clarendon Ct, Savoy, IL 61874 (APN: 032036326048).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1 Clarendon Ct
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