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    Savoy, IL
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    Savoy, IL Office Spaces for Sale

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    Champaign, IL Urbana, IL Tolono, IL
    Savoy, IL Commercial Space
    $1,850,000
    3,365 SF
    Savoy, IL Commercial Space

    501 Commerce Drive, Savoy, IL 61874

    Prime commercial space in a thriving Savoy location!
    • 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.
    Updated: Feb 2
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    Prime Commercial Lot in Savoy
    $125,000
    Prime Commercial Lot in Savoy

    103 Calvin Street, Savoy, IL 61874

    Last available lot in a thriving Savoy commercial area.
    • 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.
    Updated: Nov 3, 2025
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    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.

    Urbana Commercial Property for Sale
    $970,000
    0.46 Acres
    Urbana Commercial Property for Sale

    Commercial property available in Urbana, Illinois.

    507 S Broadway Avenue, Urbana, IL 61801

    View details
    Freestanding Retail/Office Building for Lease
    $650,000
    3,160 SF
    Freestanding Retail/Office Building for Lease

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

    2103 N Dunlap Ave, Champaign, IL

    View details
    Urbana Office Building For Sale
    $295,000
    Urbana Office Building For Sale

    Office building for sale in Urbana's South end.

    1405 E Florida, Urbana, IL 61801

    View details
    Versatile Commercial Property in Champaign
    $949,900
    5.00 Acres
    Versatile Commercial Property in Champaign

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

    1069 County Road 900, Champaign, IL 61822

    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.

    Savoy, IL Commercial Development Land
    $450,000
    1.97 Acres
    Savoy, IL Commercial Development Land

    1.97-acre commercial parcel in high-growth Savoy corridor.

    612 CLARENDON Court, Savoy, IL 61874

    View details
    Champaign Commercial Land For Sale
    $750,000
    1.92 Acres
    Champaign Commercial Land For Sale

    1.92-acre commercial lot in desirable Champaign location.

    4202 Nicklaus Drive, Champaign, IL 61822

    View details
    Prime Commercial Land in Champaign
    $465,000
    1.89 Acres
    Prime Commercial Land in Champaign

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

    803 N Mattis Avenue, Champaign, IL 61821

    View details
    Prime Land Near University
    $1,200,000
    3.12 Acres
    Prime Land Near University

    3.12-acre parcel near the University of Illinois.

    1301 N Lincoln Avenue, Urbana, IL 61801

    View details

    Savoy, IL Office Spaces Investment Opportunities Market Analysis

    Explore 2 office spaces for sale in Savoy, IL on our real estate platform. These investment opportunities span a total of 5,909 square feet of properties for sale, with an estimated market value of $2,175,000.

    Sale prices for office spaces in Savoy, IL start at $325,000, averaging $1,087,500, 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

    Office Units 7
    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 median listing prices of real estate assets

    Neighborhood Average Price
    61874 $766.7K

    Taxes & Financing

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

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