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Prime Commercial Lot in Savoy
For Sale
$125,000

103 Calvin Street, Savoy, IL 61874

LAND - Savoy, IL

Property Size3,800 SF
Lot Size0.33 Acres
Price / SF$32.89
Days on Market281

Property Features for 103 Calvin Street

General Information

Property type Land
Property subtype Other
Elementary school Champaign Elementary School
Middle school Champaign Junior High School
High school Champaign High School
Elementary school district 4
Middle school district 4
High school district 4
Directions South on Dunlap, (US 45) to Calvin, Turn west into Calvin, then turn into the south into the Circle K, with the lot being directly behind Sonic.
Subdivision Champaign, Savoy
Standard status Active
APN 032036307013
Size 3,800 SF
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LOT 655A-2 ARBOUR MEADOWS SUB NO 6 REPLAT LOT 655A OF REPLAT OF LOT 655
Tax Annual Amount 969
Legal Description LOT 655A-2 ARBOUR MEADOWS SUB NO 6 REPLAT LOT 655A OF REPLAT OF LOT 655

Utilities

Utilities Water Available
Listing Agency: RE/MAX REALTY ASSOCIATES-CHA · RE/MAX International
Listed By: Max Mitchell · License #471002297
Added: Nov 3, 2025 Changed: Apr 27 Last Checked: Aug 11 at 10:06AM
MLS# 12509589

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property is a commercial lot located in the Village of Savoy, Illinois. The site is approximately 1/3 of an acre and is zoned Neighborhood Commercial with General Retail allowed, providing flexibility for a wide range of businesses. Buildings up to 3,800 square feet are permitted. It is positioned off US 45 (Dunlap Avenue), offering visibility and convenience. The property is surrounded by established businesses, including Circle K, Sonic Drive-In, and take-out restaurants. It is suitable for retail, office, or service-based ventures, such as a small shop, fast-casual dining, or a professional office. The location benefits from consistent local traffic, community support, and a built-in customer base within an active business corridor.

Key Highlights

  • Last available lot in a thriving commercial area of Savoy.
  • High visibility location off US 45 (Dunlap Avenue).
  • Zoned Neighborhood Commercial with General Retail allowed, offering business flexibility.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Auto Parts Store Big Box & Wholesale Store Locksmith Real Estate Agency Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

242
Businesses Nearby

Demographics for 61874, IL

8,739
Population
3,755
Households
2.3
Avg Household Size
36
Median Age
58%
College-Educated
98%
High-School Grad
6.1 sq mi
ZIP Area
1,433
Density / Sq Mi
$88,431
Median Household Income
$52,921
Median Earnings
$954
Median Rent
$274,100
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Last available lot in a thriving Savoy commercial area.
Where is this commercial land located?
The property is located at 103 Calvin Street Savoy, IL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Last available lot in a thriving commercial area of Savoy.; High visibility location off US 45 (Dunlap Avenue).; Zoned Neighborhood Commercial with General Retail allowed, offering business flexibility.
More about this property
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