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    Savoy, IL
    1031 Exchange

    Savoy, IL 1031 Exchange Properties for Sale

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    Champaign, IL Urbana, IL Tolono, IL East Peoria, IL Peoria, IL Seymour, IL Saint Joseph, IL Mahomet, IL
    Commercial Land with Site Plans
    Updated: Oct 29, 2025
    Commercial Land with Site Plans

    612 CLARENDON Court, Savoy, IL 61874

    $450,000
    1.97 AC lot
    1.97‑acre commercial land parcel in Savoy, IL
    Village‑approved site plans included
    Concrete parking pads already installed
    Suitable for a 5,000 sq ft retail or professional building
    Direct access to major arterial roads
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Savoy, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    34-Room Motel with Expansion Land
    34-Room Motel with Expansion Land

    1824 E Main St, Danville, IL 61832

    $500,000
    20,077 sqft 0.92 AC lot

    Operating hospitality property with exterior-entry rooms, an apartment, vacant parcels, and a recently installed roof.

    View details
    Leased Office Complex
    Leased Office Complex

    1523 Essington Road, Joliet, IL 60435

    $2,495,000
    1.27 AC lot

    The property combines medical and office occupancy with tenant-managed utilities and insurance.

    View details
    34-Room Motel with Expansion Land
    34-Room Motel with Expansion Land

    1824 E Main Street, Danville, IL 61832

    $500,000
    0.92 AC lot

    Operating exterior-entry motel with an on-site apartment and additional parcels along Danville’s East Main Street corridor.

    View details
    Multi-Tenant Office Building
    Multi-Tenant Office Building

    1513 Essington Road, Joliet, IL 60435

    Contact for pricing
    11,842 sqft

    Fully leased office property with medical-sector occupancy and flexible lease structures across multiple suites.

    View details

    Savoy, IL 1031 Exchange Properties Market Trends and Statistics

    Explore 1 1031 exchange properties for sale in Savoy, IL on our real estate platform.

    Sale prices for 1031 exchange properties in Savoy, IL average $450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    1031 exchange properties 1

    Demographics Overview

    Population 8,602
    Population Growth (5Y) +5.6%
    Median Household Income $88,431
    College Educated 91.0%

    High-Yield Neighborhoods for Investment

    Identify Savoy submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61874 $450K

    Taxes & Financing

    Tax Rate (average for all types) 7.82%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Champaign County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Savoy fall within the 2,500 to 5,000 square foot range.

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