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    1401 Regency Dr E Ste D Savoy Savoy, IL 61874

    For Sale
    $295,000

    2,544 SF office condo with Class A finishes.

    Property size:
    2 SF

    Property Features for 1401 Regency Dr E Ste D Savoy

    General Information

    Size
    2 SF

    Building Details

    Year built
    1990

    Source: Zach Wetherell, CCIM Agent Zach Wetherell, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Class A Office Condo Suite

    This 2,544 SF office condo suite, constructed in 1990, is located on the second floor of the building. The second floor is ADA accessible via a wheelchair lift on the southwest side of the building. The office condo features Class A finishes, including an inviting reception area, a copy/file storage room, six large individual offices, a conference room, a full kitchen/breakroom, two restrooms, and a coffee bar area. Ample parking is available around the building. Condo fees are $301.20 per month, covering building maintenance, insurance on the structure, utilities in common hallways, landscaping, water, garbage, sanitary services, snow removal, and lawn care.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Engineering & Research Int'l, ... Engineering Consultant Fuhrmann Engineering, Inc. Engineering Consultant Cardani Andrea Doctor Maurer Jim Family Counselor Washo Christine Social Worker

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Savoy
    County
    Champaign
    State
    Illinois
    Longitude
    -88.2539452
    Latitude
    40.0717577

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      2,544 SF Office Condo For Sale

      2,544 SF Office Condo For Sale
      1401 Regency Dr E Ste D, Savoy, IL 61874
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    FAQs

    What type of property is this?
    Office space - 2,544 SF office condo with Class A finishes.
    Where is this office space located?
    The property is located at 1401 Regency Dr E Ste D Savoy Savoy, IL.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: - Class A office finishes create a professional and inviting environment.; - The 2,544 SF space includes six private offices, a conference room, full kitchen/breakroom, and reception area.; - ADA accessibility via wheelchair lift ensures inclusivity.
    (217) 403-3374
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1401 Regency Dr E Ste D Savoy Savoy, IL 61874
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