Savoy, IL Commercial
501 Commerce Drive Savoy, IL 61874
501 Commerce Drive, Savoy, IL, 61874
$1,850,000
For Sale
$1,850,000
COMMERCIAL - Savoy, IL
Property Size3,365 SF
Lot Size1.30 Acres
Price / SF$549.78
Days on Market166
Property Features for 501 Commerce Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- COMMR
- Standard status
- Active
- APN
- 032036326039
- Size
- 3,365 SF
- Lot size
- 1.30 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Lot 4 Savoy Square Sub 4
- Tax Annual Amount
- 34173
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 2019
- Floors in Building
- 1
- Number of units
- 5
Listing Agency
Green Street Realty
(217) 356-8750
510 S. Neil St., Champaign, IL
Listed by
Shannon Collins · License #ILLINOIS475.178418
(217) 356-8750
Added: Feb 2 Checked: Jul 18 at 5:06 am
MLS# 12559173
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.
Available for sale and lease, this prime commercial space is located on Commerce Drive in Savoy, Illinois. The well-maintained shopping center consists of two separate buildings with a mix of established tenants, including Domino's and El Rancho Grande. Currently, three commercial spaces are leased, with 3,365 square feet available for lease. The available space can be demised for multiple tenants and offers the potential for a drive-through. This provides flexibility for office, retail, or restaurant use. The property is located just off US-45 and behind Aldi, benefiting from strong visibility, easy accessibility, and steady traffic flow. The site features a well-lit parking lot and convenient access from surrounding streets. It is situated within a high-end commercial corridor surrounded by national and regional retailers. The property is zoned C-1 (Neighborhood Commercial), allowing for a wide range of business uses. The lot size is approximately 1.2994 acres.
Key Highlights
- Prime commercial space in a thriving Savoy location with high visibility and easy access off US‑45, behind Aldi.
- Excellent investment and leasing opportunity with established tenants like Domino's and El Rancho Grande.
- 3,365 SF of available space, divisible for multiple tenants, suitable for office, retail, or restaurant use.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Shopping centers
Similar Off Market Nearby
- Quick-Tag — Walmart Supercenter, 505 S Dunlap Ave, Savoy, IL 61874
FAQs
What type of property is this?
Shopping center - Prime commercial space in a thriving Savoy location!
Where is this shopping center located?
The property is located at 501 Commerce Drive Savoy, IL.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Prime commercial space in a thriving Savoy location with high visibility and easy access off US‑45, behind Aldi.; Excellent investment and leasing opportunity with established tenants like Domino's and El Rancho Grande.; **3,365 SF of available space, divisible for multiple tenants, suitable for office, retail, or restaurant use.**
