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    Property profile & analytics

    1406 Regency W Dr Savoy, IL 61874-9545

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-2265221
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Jazzercise / Physical Fitness Program
    • Regent Ballroom & Banquet Center / Dance School
    • Champaign Lions Club / Club

    Property Details for 1406 Regency W Dr

    Property type
    Commercial real estate
    APN
    32025351001
    APU
    32025351001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Savoy
    County
    Champaign
    State
    Illinois
    Longitude
    -88.2547
    Latitude
    40.0724
    CBSA code
    16580
    CBSA name
    CHAMPAIGN-URBANA, IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,804
    $58,600
    $140,280
    $198,880
    -
    $175,800
    $420,840
    $596,640

    Comparable in this City

    • Value Estimation by Request
      0.18 Acres

      Savoy, IL 61874

      COMMERCIAL (GENERAL) • 0.18 Acres
      Savoy, IL 61874
      View Details
    • Value Estimation by Request

      Savoy, IL 61874

      COMMERCIAL (GENERAL)
      Savoy, IL 61874
      View Details
    • Value Estimation by Request

      Savoy, IL 61874

      COMMERCIAL (GENERAL)
      Savoy, IL 61874
      View Details
    • Value Estimation by Request

      Savoy, IL 61874

      COMMERCIAL (GENERAL)
      Savoy, IL 61874
      View Details
    • Value Estimation by Request
      3.00 Acres

      1402 Dunlap Ave

      COMMERCIAL (GENERAL) • 3.00 Acres
      1402 Dunlap Ave, Savoy, IL 61874-9670
      View Details
    • Value Estimation by Request

      2 Clarendon Ct

      Land
      2 Clarendon Ct, Savoy, IL 61874
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      19.00 Acres

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      505 Dunlap Ave, Savoy, IL 61874
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      Savoy Commercial Land Opportunity

      Prime commercial land available in Savoy, Illinois.
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      Residential Land in Liberty On Lakes

      Residential land available in Liberty On The Lakes subdivision.
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    • $899,000
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      Savoy Restaurant Opportunity For Sale

      Turnkey restaurant property in a thriving Central Illinois business district.
      405 South Dunlap Ave, Savoy, IL 61874
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    • $295,000
      2 SF

      Class A Office Condo Suite

      2,544 SF office condo with Class A finishes.
      1401 Regency Dr E Ste D Savoy, Savoy, IL 61874
      View Details
    • $325,000
      2,544 SF

      2,544 SF Office Condo For Sale

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

    Similar Nearby for Lease

    • $24 SF/Yr
      670 SF

      Savoy Class A Office Space

      Class A office space featuring reception, offices, restroom, and kitchenette.
      411 N Clarendon Ct, Savoy, IL 61874
      View Details
    • Contact for pricing
      140,624 SF

      Savoy Plaza Retail Space Available

      Champaign County retail space, multiple units.
      1201 Savoy Plaza Ln, Savoy, IL 61874
      View Details
    • $16 SF/Yr
      1,200 SF

      Renovated Office Space Available

      Modern 1,200 SF office space with excellent visibility.
      1800 Woodfield Dr, Savoy, IL 61874
      View Details
    • Contact for pricing
      1,600 SF

      Savoy Retail Space For Lease

      Retail space available in Savoy Plaza, anchored by Schnucks.
      1201-1335 Savoy Plaza Ln, Savoy, IL 61874
      View Details
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    1406 Regency W Dr
    Savoy, IL 61874-9545
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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
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