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    Savoy, IL
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    Savoy, IL Storefront Properties 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 10 Potential Opportunities for your consideration. Besides 1 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.

    Freestanding Grocery and Convenience Store
    Freestanding Grocery and Convenience Store

    306 W Springfield Avenue W, Urbana, IL 61801

    $1,300,000
    0.61 AC lot

    Freestanding facility with refrigeration, frozen storage, bakery, kitchen, and café areas.

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    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.

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    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.

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    Grocery-Anchored Shopping Center
    Grocery-Anchored Shopping Center

    1813 S Philo Rd, Urbana, IL 61802

    Contact for pricing

    Grocery-anchored center with an outlot, inline retail, and two vacant suites, including dock-height and overhead receiving doors.

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    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 Commercial Lot in Savoy
    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 Savoy commercial area.

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    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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    Commercial Lot in Growing Community
    Commercial Lot in Growing Community

    Le Roy, IL 61752

    $76,250
    0.70 AC lot

    Commercial lot in LeRoy, IL, near Interstate 74.

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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

    Value Estimation by Request
    View details

    Savoy, IL Storefront Properties Market Trends and Statistics

    Explore 2 storefront properties for sale in Savoy, IL on our real estate platform.

    Sale prices for retail units 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%

    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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