Savoy, IL
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    Savoy, IL Retail Properties & 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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    Savoy, IL Commercial Development Land
    $450,000
    1.97 Acres

    Savoy, IL Commercial Development Land

    612 CLARENDON Court, Savoy, IL 61874

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

    • Prime location in a high‑growth commercial corridor with high visibility and direct access to major roads.
    Updated: Oct 29, 2025
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    Prime Commercial Lot in Savoy
    $125,000

    Prime Commercial Lot in Savoy

    Last available lot in a thriving Savoy commercial area.

    103 Calvin Street, Savoy, IL 61874
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    Savoy Restaurant Opportunity For Sale
    $899,000
    1,200 SF

    Savoy Restaurant Opportunity For Sale

    Turnkey restaurant property in a thriving Central Illinois business district.

    405 South Dunlap Avenue, Savoy, IL 61874
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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 4 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.

    Commercial Building with Established Tenants
    $850,000
    0.55 Acres

    Commercial Building with Established Tenants

    6,200 SF commercial building with three tenants in place.

    1205 S Mattis Avenue, Champaign, IL 61821
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    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
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    Remodeled Freestanding Building on Mattis
    $349,000
    1,922 SF

    Remodeled Freestanding Building on Mattis

    1,922 SF remodeled building with drive-thru on Mattis Avenue.

    1203 S Mattis Ave, Champaign, IL 61821
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    Champaign Freestanding Building with Drive-Thru
    $1,125,000
    5,200 SF

    Champaign Freestanding Building with Drive-Thru

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

    1905 N Neil St, Champaign, IL
    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.

    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
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    Urbana Land For Sale
    $599,000
    1.08 Acres

    Urbana Land For Sale

    Commercial land available in Urbana, Illinois.

    402 W Griggs Street, Urbana, IL 61801
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    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
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    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
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    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

    View details

    Savoy, IL Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 5 retail properties & spaces for sale in Savoy, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 4,565 square feet of properties for sale, with an estimated market value of $2,749,000.

    Sale prices for stores in Savoy, IL start at $899,000, averaging $1,374,500, 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

    Shopping centers 2

    Property Size Breakdown

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

    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 $831K

    Taxes & Financing

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

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