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    Savoy, IL
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    Savoy, IL Retail Properties & Spaces for Sale

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    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.
    View details
    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 11 Potential Opportunities for your consideration. Besides 2 Active listings in Savoy, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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
    Urbana Commercial Property For Sale

    306 W Springfield Avenue W, Urbana, IL 61801

    $1,300,000
    10,000 sqft 0.61 AC lot

    Prime commercial property in Urbana, Illinois, ideal for various ventures.

    View details
    Remodeled Bar & Karaoke Venue
    Remodeled Bar & Karaoke Venue

    214 W Main St, Urbana, IL

    $970,000
    8,800 sqft 0.11 AC lot

    Turnkey bar and karaoke venue with leaseback opportunity.

    View details
    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
    Champaign Freestanding Building with Drive-Thru
    Champaign Freestanding Building with Drive-Thru

    1905 N Neil St, Champaign, IL

    $1,125,000
    5,200 sqft 1.51 AC lot

    5,200 SF building with drive-thru on 1.52 acres.

    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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    Urbana Land For Sale
    Urbana Land For Sale

    402 W Griggs Street, Urbana, IL 61801

    $599,000
    1.08 AC lot

    Commercial land available in Urbana, Illinois.

    View details
    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

    Off-Market Properties in Savoy, IL

    Consider similar Off-Market properties in Savoy, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    612 Clarendon Ct
    VACANT COMMERCIAL LAND

    612 Clarendon Ct, Savoy, IL 61874-6002

    Value Estimation by Request
    View details

    Savoy, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 3 retail properties & 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 stores 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

    Shopping centers 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 $831K

    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

    Property Size Breakdown

    The majority of commercial real estate listings in Savoy fall within the 50,000 to 100,000 square foot range.

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