Lot 3 N Clarendon Ct, Savoy, IL 61874
FOR SALE1 ACRE

Lot 3 N Clarendon Ct
Savoy, IL 61874

      $495,000

      Est. Mortgage $3,549/mo*
      Get Pre-Qualified

      Local Information

      map showing home location
      © Google
      -- mins to
      Commute Destination

      Description

      For Sale: Prime 1-Acre Commercial Building Site with Versatile Development Potential Explore a remarkable investment opportunity in the dynamic neighborhood business district of Savoy, adjacent to Champaign. This prime 1-acre site, previously zoned for diverse commercial use, is an ideal location for a 5,000 sq. ft. retail or professional building. Exceptional Opportunity for 1031 Exchange Buyers: This property offers a unique investment prospect for 1031 exchange buyers aiming to expand their portfolio in a high-demand area. Strategic Location: Perfectly situated near key arterial roads, the site provides seamless access to outstanding air transportation, ensuring ease of connectivity and convenience for future businesses. Surrounded by Affluence: This plot is nestled in an upscale region, surrounded by high-end shopping destinations, elite service providers, and a variety of exquisite dining options, catering to a sophisticated clientele. In addition to the main site, two adjoining plots are available, presenting a rare chance for a comprehensive package deal. This opportunity is more than just a building site; it's a pathway to establishing a prominent commercial presence in a rapidly growing and affluent community. Don't miss out on the chance to develop a landmark project in one of the most desirable locations.

      Home Highlights

      Parking
      No Info
      Outdoor
      No Info
      A/C
      Contact Manager
      HOA
      None
      Price/Sqft
      No Info
      Listed
      116 days ago

      Home Details for Lot 3 N Clarendon Ct

      Active Status

      MLS Status: Active

      Interior Features

      Appliances & Utilities
      Utilities: Electricity Connected, Natural Gas Available, Sanitary Sewer, Sewer-Storm Available, Water-MunicipalLaundry: None
      Gas & Electric
      Has Electric on Property

      Exterior Features

      Frontage
      Road Frontage: City Street, Public RoadRoad Surface Type: ConcreteNot on Waterfront
      Farm & Range
      Frontage Length: UN

      Days on Market

      Days on Market: 116

      Property Information

      Property Type / Style
      Property Type: LandProperty Subtype: Unimproved Land
      Building
      Has Additional Parcels
      Property Information
      Parcel Number: 032036326048

      Price & Status

      Price
      List Price: $495,000
      Status Change & Dates
      Possession Timing: Close Of Escrow

      Location

      Direction & Address
      City: SavoyCommunity: Orig Town Of Savoy
      School Information
      Elementary School: Champaign/Middle Call Unit 4 351Elementary School District: 4Jr High / Middle School: Champaign/Middle Call Unit 4 351Jr High / Middle School District: 4High School: Central High SchoolHigh School District: 4

      Agent Information

      Listing Agent
      Listing ID: 11955209

      Lot Information

      Lot Area: 1 Acres

      Listing Info

      Special Conditions: None

      Compensation

      Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
      Notes
      The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

      Business

      Business Information
      Ownership: Fee Simple

      Miscellaneous

      Mls Number: 11955209

      Additional Information

      Mlg Can ViewMlg Can Use: IDX
      Last check for updates: about 24 hours ago
      Listing courtesy of: Max Mitchell, (217) 369-0376
      RE/MAX REALTY ASSOCIATES-CHA
      Joe Zalabak, (217) 721-5855
      KELLER WILLIAMS-TREC
      Source: MRED as distributed by MLS GRID, MLS#11955209

      Price History for Lot 3 N Clarendon Ct

      DatePriceEventSource
      01/03/2024$495,000Listed For SaleMRED as distributed by MLS GRID #11955209

      Similar Homes You May Like

      Skip to last item
      Skip to first item

      New Listings near Lot 3 N Clarendon Ct

      Skip to last item
      Skip to first item

      Comparable Sales for Lot 3 N Clarendon Ct

      Address
      Distance
      Property Type
      Sold Price
      Sold Date
      Bed
      Bath
      Sqft
      1702 Eagle Rd, Champaign, IL
      1.15
      Lot/Land
      $90,000
      08/15/23
      -
      -
      3610 Freedom Blvd #204, Champaign, IL
      1.15
      Lot/Land
      $47,000
      11/15/23
      -
      -
      91 Shiloh Dr #3039, Savoy, IL
      1.76
      Lot/Land
      $45,500
      08/10/23
      -
      -
      212 W Charles St, Champaign, IL
      3.23
      Lot/Land
      $28,000
      09/07/23
      -
      -
      1314 S Duncan Rd, Champaign, IL
      3.61
      Lot/Land
      $20,500
      10/10/23
      -
      -
      2402 W John St, Champaign, IL
      3.87
      Lot/Land
      $45,000
      03/08/24
      -
      -
      2406 W John St, Champaign, IL
      3.89
      Lot/Land
      $19,250
      11/01/23
      -
      -
      2404 W John St #5, Champaign, IL
      3.90
      Lot/Land
      $19,250
      11/01/23
      -
      -

      What Locals Say about Savoy

      • Leekzulu
        "This is the best neighborhood to raise a family! There are plenty of things to do within a 20 minute radius. It is extremely safe and I trust the neighbors on my street."
        0
        Flag
      • Bre F.
        "Families with dogs would like it here because of many fenced yards, nearby parks, lots of dogs in neighborhood (mostly indoors majority of day). There is a dog park not far from here."
        1
        Flag
      • Smlagrange
        "We just moved in 4 months ago but everyone seems very friendly so far and there are always people out walking and kids playing."
        1
        Flag
      • Jrodbost
        "Very quaint, pretty quiet but not stuffy. Great neighborhood! Close to shopping, gas stations and entertainment. Bike path and parks are within walking distance."
        1
        Flag
      • Dalspots3
        "People keep their properties nice. Close to important services. Lower taxes. Great neighbors. Little commuting required. "
        3
        Flag
      • adamskr
        "I have lived here for 7 years. It is a very special, unique neighborhood. It is located only a little over a mile south of the research park and the same distance from shopping, banking, restaurants, and an IMax Theater complex, Lake Park is 65 acres of residential property including a 20-acre expanse of prairie restoration and woodlands. Boating, fishing, and swimming are available on the lake. Hiking trails exist in the woodland on the west and south sides of the neighborhood. The HOA is active and maintains the commons for only $450 per year per lot."
        2
        Flag

      LGBTQ Local Legal Protections

      Max Mitchell, RE/MAX REALTY ASSOCIATES-CHA
      Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
      The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
      Lot 3 N Clarendon Ct, Savoy, IL 61874 is a lot/land. This property is currently available for sale and was listed by MRED as distributed by MLS GRID on Jan 3, 2024. The MLS # for this home is MLS# 11955209.