For Sale
$335,000

2 Clarendon Ct Savoy, IL 61874

Prime Savoy location, 8-unit potential.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a 0.5-acre commercial land parcel in Savoy, Illinois, located at Lot 2 Clarendon Ct, 61874. Currently vacant, this property is zoned for the development of up to an eight-unit apartment building. The site boasts a prime location near major arterial roads, offering convenient access to excellent air transportation facilities. Its upscale neighborhood is surrounded by numerous shopping options, high-quality service providers, and diverse restaurants. This property is ideal for 1031 exchange buyers seeking a substantial investment in a high-growth area. The offering includes the 0.5-acre lot, with the possibility of acquiring two additional adjoining plots (sold separately or as a package). This presents a unique chance to develop a comprehensive project in a thriving community. The combined properties offer a significant amount of prime real estate in a highly desirable location. This is a rare opportunity to create a landmark investment in a flourishing district.

Highlights

  • $335,000 asking price.
  • 0.5-acre vacant commercial land parcel.
  • Zoned for up to an 8-unit apartment building.
  • Located in Savoy, IL, near major roads and Champaign.
  • Adjacent plots available for purchase separately or together.

Property Details for 2 Clarendon Ct

Property type
Land
Units
8

Location Insight

City
Savoy
County
Champaign
State
Illinois
Latitude
40.0603125
Longitude
-88.2528699

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FAQs

What type of property is this?
Land - Prime Savoy location, 8-unit potential.
Where is the land located?
The property is located at 2 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 vacant commercial land parcel.; Zoned for up to an 8-unit apartment building.
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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Contacts

Max Mitchell
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Clarendon Ct
Savoy, IL 61874

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Clarendon Ct
Savoy, IL 61874

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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2 Clarendon Ct
  • Max Mitchell
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