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Neighborhood Commercial Development Site
For Sale
$125,000

103 Calvin Street, Savoy, IL 61874

Neighborhood Commercial zoning allows General Retail uses in an established business corridor.

Property SizeContact for details
Days on Market339

Property Features for 103 Calvin Street

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $969
Listing Agency: RE/MAX REALTY ASSOCIATES-CHA
Listed By: Max Mitchell · License #471002297
Source: Compass
Added: Sep 26, 2025 Changed: Aug 30 Last Checked: Aug 30 at 6:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX REALTY ASSOCIATES-CHA

Investment Insights

Based on property information with market context.

This approximately 1/3-acre commercial land parcel is positioned for new development in the Village of Savoy. The site carries Neighborhood Commercial zoning, with General Retail allowed, and the Village permits buildings up to 3,800 square feet. The property can accommodate future retail, office, or service-oriented development subject to applicable requirements.

Located just off US 45, also identified as Dunlap Avenue, the parcel is surrounded by established businesses including Circle K, Sonic Drive-In, and take-out restaurants. Its setting within an active commercial corridor provides convenient access to nearby businesses and supports a range of commercial site-planning options.

Key Highlights

  • Approximately 1/3‑acre commercial land parcel
  • Neighborhood Commercial zoning with General Retail allowed
  • Village permits buildings up to 3,800 square feet

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

43
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Neighborhood Commercial zoning allows General Retail uses in an established business corridor.
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: Approximately 1/3‑acre commercial land parcel; Neighborhood Commercial zoning with General Retail allowed; Village permits buildings up to 3,800 square feet
More about this property
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