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$ 750,000
Est. payment | /mo
1.97 Acres Lot
$ 750,000
Est. payment | /mo
1.97 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 12267583
Annual Tax Amount $9,957
Tax Year 2023
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 Description
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.
Location
State IL
County Champaign
Zoning OTHER
Interior
Fireplace N
Laundry None
Exterior
Utilities Available Electric to Site, Gas Nearby, Sanitary Sewer, Sewer-Storm Available, Water-Municipal
View Y/N true
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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Listed by Max Mitchell • RE/MAX REALTY ASSOCIATES-CHA