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    Savoy, IL
    Shopping Center

    Savoy, IL Shopping Centers for Sale

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    Champaign, IL Urbana, IL Tolono, IL Philo, IL East Peoria, IL Peoria, IL Sidney, IL Seymour, IL
    Shopping Center with Drive-Through Potential
    Updated: Feb 2
    Shopping Center with Drive-Through Potential

    501 Commerce Drive, Savoy, IL 61874

    $1,850,000
    1.30 AC lot
    Two‑building shopping center completed in 2019
    3,365 SF available for lease with potential demising for multiple tenants
    Three commercial spaces are currently leased
    Drive‑through potential for the available space
    1.2994‑acre site at 501 Commerce Drive in Savoy
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Savoy, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Retail Center at Lighted Intersection
    Retail Center at Lighted Intersection

    2401 W Springfield Ave, Champaign, IL 61821

    Contact for pricing
    3,905 sqft

    Newer retail center with a remaining 1,027 SF suite available as a vanilla box delivery.

    View details
    Retail Investment Opportunity in Champaign
    Retail Investment Opportunity in Champaign

    1807 W Bradley Avenue, Champaign, IL 61821

    Contact for pricing
    4,605 sqft

    Retail property with high visibility and flexible floor plans.

    View details
    Retail
    Retail

    2917 N Vermilion St, Danville, IL 61832

    Contact for pricing
    126,153 sqft 10.21 AC lot

    Shopping centers · 126,153 SF

    View details
    Danville Mixed-Use Center For Sale
    Danville Mixed-Use Center For Sale

    610 N Gilbert St, Danville, IL 61832

    Contact for pricing
    8,133 sqft

    Value-add mixed-use center in Danville with diverse tenant mix.

    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 Land Near Sports Complex
    Commercial Land Near Sports Complex

    2995 County Road 1400 E, Rantoul, IL 61866

    $563,000
    5.63 AC lot

    5.63 acre commercial development opportunity off Interstate 57.

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    Rantoul Commercial Development Opportunity
    Rantoul Commercial Development Opportunity

    2990 County Road 1400 E, Rantoul, IL 61866

    $4,000,000
    40.00 AC lot

    40-acre commercial land near I-57 in Rantoul, Illinois.

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    Commercial Land in Terre Haute
    Commercial Land in Terre Haute

    1301 Fort Harrison Road, Terre Haute, IN 47804

    $400,000
    4.42 AC lot

    Commercial land with road frontage in a high-traffic area.

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    Commercial Land with Extensive Frontage
    Commercial Land with Extensive Frontage

    150 W COURTLAND Avenue, Morton, IL 61550

    $1,800,000
    3.55 AC lot

    Zoned B-3 commercial land with public sewer and level topography near I-74.

    View details

    Savoy, IL Shopping Centers Market Trends and Statistics

    Explore 1 shopping centers for sale in Savoy, IL on our real estate platform.

    Sale prices for plazas in Savoy, IL average $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
    Storefront properties 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 $1.9M

    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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