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Savoy Retail Space For Rent
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501 Commerce Dr, Savoy, IL 61874

High-end retail space available in Savoy, Illinois.

Space SizeContact for details
Property Size5,000 SF
Days on Market1443

Property Features for 501 Commerce Dr

General Information

Standard status Active
Size 5,000 SF
Property subtype Retail, Office
Lease Type NNN

Building Details

Building Size 5,000 SF
Year Built 2020
Tenancy Multiple

Spaces For Lease

at 501 Commerce Dr Contact us

Available Space 1

Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Available Space 2

Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Green Street Reality
Listed By: Shannon Collins · License #Illinois 475.178418
Source: Crexi
Added: Aug 30, 2022 Changed: Aug 8 Last Checked: Aug 11 at 2:03PM

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 Green Street Reality

Investment Insights

Based on property information with market context.

Located off US-45 in Savoy, this high-end strip center offers 3,365 square feet of available space. The property is conveniently situated behind Aldi and Christie Clinic. The space is currently in a cold dark shell condition. The owner is willing to provide an allowance in lieu of a vanilla box or deliver the space in vanilla box condition. The space can be divided to fit specific needs.

Key Highlights

  • High‑end strip center location off US‑45 in Savoy.
  • Located behind Aldi and Christie Clinic.
  • 3,365 available SF, divisible to fit needs.**

Property Analytics

Current Use

Strip malls

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - High-end retail space available in Savoy, Illinois.
Where is this strip mall located?
The property is located at 501 Commerce Dr Savoy, IL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: High‑end strip center location off US‑45 in Savoy.; Located behind Aldi and Christie Clinic.; 3,365 available SF, divisible to fit needs.**
(217) 356-8750 Call to check price and availability
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