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    Savoy, IL Retail Space 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
    View details
    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

    View details
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in Savoy, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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

    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
    Downtown Urbana Retail Condominium
    $459,900
    6,200 SF
    Downtown Urbana Retail Condominium

    Prime retail condominium in downtown Urbana with renovated space.

    110 W Main St, Urbana, IL 61801

    View details
    Retail Building in Urbana
    $965,000
    9,180 SF
    Retail Building in Urbana

    9,180 SF retail building on 1.17 acres.

    1110 S Philo Rd, Urbana, IL 61801

    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.

    Prime PUD-Zoned Land Opportunity
    $1,599,000
    900 SF
    Prime PUD-Zoned Land Opportunity

    2.07 acres of PUD-zoned land in a growing corridor.

    3229 State Road 207, Elkton, FL 32033

    View details

    Savoy, IL Retail Space Investment Opportunities Market Analysis

    Explore 3 retail space for sale in Savoy, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,365 square feet of properties for sale, with an estimated market value of $1,850,000.

    Sale prices for retail space in Savoy, IL start at $1,850,000, averaging $1,850,000, 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 $808.3K

    Taxes & Financing

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

    Listings Trend

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