Residential

Savoy, IL Residential Land & Home Lots for Sale

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Champaign, IL Urbana, IL Tolono, IL Philo, IL Mahomet, IL Saint Joseph, IL Seymour, IL Fisher, IL
Commercial Land with Site Plans
Updated: Oct 29, 2025
Commercial Land with Site Plans

612 CLARENDON Court, Savoy, IL 61874

$450,000
1.97 AC lot
1.97‑acre commercial land parcel in Savoy, IL
Village‑approved site plans included
Concrete parking pads already installed
Suitable for a 5,000 sq ft retail or professional building
Direct access to major arterial roads
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Residential Home Lot
Updated: Jun 2
Residential Home Lot

605 Cayman Way, Savoy, IL 61874

$100,000
Residential lot in Savoy’s newer upscale neighborhood for building your custom home
Fiber optic high‑speed internet available throughout the subdivision
Utilities available: sewer connected, electric to site, and natural gas available
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2 active listings match your search: Residential Lot for sale in Savoy, IL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Residential Building Lot
Residential Building Lot

21 Greencroft Drive, Champaign, IL 61821

$375,000
0.54 acres

Residential homesite offers utilities at the street and is located near Champaign Country Club.

Utilities to site
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Vacant Corner Lot For Sale
Vacant Corner Lot For Sale

1304 S Vine St, Urbana, IL

Contact for pricing
0.46 acres

Vacant 20,069 SF corner lot zoned R-3.

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Unimproved Land
Unimproved Land

1314 S Duncan Road, Champaign, IL 61821

Contact for pricing

Residential land & home lots

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Multi-Family Development Land Opportunity
Multi-Family Development Land Opportunity

3000 S Philo Rd, Urbana, IL 61801

Contact for pricing
24.38 acres

24.38 acres for multi-family development in southeast Urbana.

View details

Savoy, IL Residential Land & Home Lots Market Trends and Statistics

Explore 2 residential land & home lots for sale in Savoy, IL on our real estate platform. These investment opportunities span a total of 85,813 square feet of properties for sale, with an estimated market value of $550,000.

Sale prices for home sites in Savoy, IL start at $100,000, averaging $275,000, and reaching up to $450,000 — 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

Commercial land 3
Residential land & home lots 2

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 $275K

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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