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    Savoy, IL
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    Savoy, IL Retail Space for Sale

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    Champaign, IL Urbana, IL Tolono, IL Philo, IL Bondville, IL Sidney, IL Seymour, IL Mahomet, IL
    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.
    View details
    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 7 Potential Opportunities for your consideration. Besides 2 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
    Commercial Building with Established Tenants

    1205 S Mattis Avenue, Champaign, IL 61821

    $850,000
    6,200 sqft 0.55 AC lot

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

    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
    Retail Building on Deep Lot
    Retail Building on Deep Lot

    4 N Bourne Street, Tolono, IL 61880

    $74,900
    0.47 AC lot

    Retail building on an extra-deep lot with a flexible interior floor plan.

    View details
    Updated Retail Storefront with Flexible Layout
    Updated Retail Storefront with Flexible Layout

    4 N Bourne Street, Tolono, IL 61880

    $74,900
    0.47 AC lot

    Updated storefront on an extra-deep lot, with a flexible floor plan that could accommodate multiple businesses.

    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.

    PUD-Zoned Commercial Land with Frontage
    PUD-Zoned Commercial Land with Frontage

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    2.07 AC lot

    2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

    View details

    Savoy, IL Retail Space Market Trends and Statistics

    Explore 2 retail space 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 retail space 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 1

    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 $808.3K

    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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