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    Champaign, IL Urbana, IL Tolono, IL Philo, IL Sidney, IL Saint Joseph, IL Mahomet, IL Fisher, IL
    Prime Commercial Lot in Savoy
    Updated: Nov 3, 2025
    Prime Commercial Lot in Savoy

    103 Calvin Street, Savoy, IL 61874

    $125,000
    3,800 sqft 0.33 AC lot
    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.
    Surrounded by established businesses (Circle K, Sonic Drive‑In, restaurants).
    Allows building up to 3,800 square feet.
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    Savoy, IL Commercial Space
    Updated: Feb 2
    Savoy, IL Commercial Space

    501 Commerce Drive, Savoy, IL 61874

    $1,850,000
    3,365 sqft 1.30 AC lot
    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.
    Potential for a drive‑through, adding significant value and flexibility.
    Zoned C‑1 (Neighborhood Commercial), allowing for a wide range of business uses.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Savoy, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Retail/Office Building for Lease
    Freestanding Retail/Office Building for Lease

    2103 N Dunlap Ave, Champaign, IL

    $650,000
    3,160 sqft 0.41 AC lot

    Freestanding retail/office building in Champaign, subject to Savoy Zoning.

    View details
    Mixed-Use Redevelopment Land Assemblage
    Mixed-Use Redevelopment Land Assemblage

    507 Springfield Avenue, Urbana, IL 61801

    $550,000
    0.54 AC lot

    Redevelopment assemblage with an on-grade parking lot and an approximately 2,000-square-foot office building zoned for mixed-use potential.

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    Versatile Commercial Property in Champaign
    Versatile Commercial Property in Champaign

    1069 County Road 900, Champaign, IL 61822

    $949,900
    5.00 AC lot

    Warehouse, office, acreage, and single-family rental near I-57.

    View details
    Urbana Office Building For Sale
    Urbana Office Building For Sale

    1405 E Florida, Urbana, IL 61801

    $295,000

    Office building for sale in Urbana's South end.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Development Land Parcel
    Commercial Development Land Parcel

    612 CLARENDON Court, Savoy, IL 61874

    $450,000
    1.97 AC lot

    1.97-acre commercial land parcel in Savoy, zoned for commercial uses, with concrete parking pads and village-approved site plans.

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    Champaign Commercial Land For Sale
    Champaign Commercial Land For Sale

    4202 Nicklaus Drive, Champaign, IL 61822

    $750,000
    1.92 AC lot

    1.92-acre commercial lot in desirable Champaign location.

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    Prime Commercial Land in Champaign
    Prime Commercial Land in Champaign

    803 N Mattis Avenue, Champaign, IL 61821

    $465,000
    1.89 AC lot

    1.89-acre commercial land in high-visibility Champaign location.

    View details
    Prime Land Near University
    Prime Land Near University

    1301 N Lincoln Avenue, Urbana, IL 61801

    $1,200,000
    3.12 AC lot

    3.12-acre parcel near the University of Illinois.

    View details

    Savoy, IL Office Spaces Market Trends and Statistics

    Explore 2 office spaces for sale in Savoy, IL on our real estate platform. These investment opportunities span a total of 7,165 square feet of properties for sale, with an estimated market value of $1,975,000.

    Sale prices for office spaces in Savoy, IL start at $125,000, averaging $987,500, and reaching up to $1,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 8
    Serviced offices 1

    Demographics Overview

    Population 8,602
    Population Growth (5Y) +5.6%
    Median Household Income $88,431
    College Educated 91.0%

    High-Yield Neighborhoods for Investment

    Identify Savoy submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61874 $987.5K

    Taxes & Financing

    Tax Rate (average for all types) 7.82%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Champaign County

    New Delisted

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