Lot 1 Clarendon Court Savoy, IL 61874
Prime Commercial Building Site with Additional Adjoining Plots Discover an exceptional investment opportunity in the thriving neighborhood business district of Savoy, adjacent to Champaign. This offering includes a key 1/2-acre site recently zoned for the development of up to an 8-unit apartment building, along with two additional adjoining plots, which being sold separately or could be packaged as one total. Together, they create an expansive package deal for a comprehensive development project. Ideal for 1031 Exchange Buyers: This combined property presents an unparalleled chance for 1031 exchange buyers seeking a significant investment in a high-potential area. Prime Location: Located near major arterial roads, this site ensures easy access to exceptional air transportation facilities, blending connectivity with convenience. Center of Prosperity: Nestled in an upscale area, these plots are surrounded by a plethora of shopping options, premium service providers, and a variety of restaurants, epitomizing a high-end lifestyle. This is a rare opportunity to own a significant portion of prime real estate in one of the most sought-after locations. Offering more than just a building site, this is a gateway to a transformative project in a rapidly growing community. Seize the chance to make a landmark investment in a flourishing district.
- Property TypeLand
- NeighborhoodOrig Town of Savoy
- CountyChampaign
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site30 Days
- MLS StatusActive
- MLS ID Number11954862
- Home Size Source N/A
- Year BuiltN/A
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 0
- Zoning OTHER
- General Information None
- Lot Size .50-.99 Acre
- Parking Total 0
Interior Features
- Laundry Features None
- Utilities Electric to SiteGas NearbySanitary SewerSewer-Storm AvailableWater-Municipal
Exterior Features
- Waterfront Property No
Community Features
- Township Savoy
- MLS Area Champaign, Savoy