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 Details
Property Features
Listing Office:
Office Name: RE/MAX REALTY ASSOCIATES-CHA
Office Phone: (217) 352-5700
Listing Agent: Max Mitchell
Other
Directions Information:
Directions: SOUTH ON DUNLAP (SAVOY) OR US 45 TO CALVIN. WEST ON CALVIN TO CLARENDON WHICH IS ON THE NORTH SIDE OF THE ROAD
Price Information
Listing Price Info
Price Summary:
List Price: $335,000
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Housing Market Comparison
See how this home compares to others in Savoy, IL.
This property is $15K less than the Median Sold Price in Savoy, IL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MRED
MLS Number: #11954862
Listing Office:
Office Name: RE/MAX REALTY ASSOCIATES-CHA
Office Phone: (217) 352-5700
Listing Agent: Max Mitchell
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Carrie Busey Elementary School
304 Prairie Rose Ln
Distance between this listing and this school0.58 miles
Public District Grades KG-5
6
/10
Vernon L Barkstall Elementary School
2201 Hallbeck Dr
Distance between this listing and this school1.89 miles
Public District Grades KG-5
4
/10
Bottenfield Elementary School
1801 S Prospect Ave
Distance between this listing and this school2.38 miles
Public District Grades KG-5
Nearby Schools
4
/10
Jefferson Middle School
1115 Crescent Dr
Distance between this listing and this school3.42 miles
Public District Grades 6-8
4
/10
Edison Middle School
306 W Green St
Distance between this listing and this school3.54 miles
Public District Grades 6-8
2
/10
Urbana Middle School
1201 S Vine St
Distance between this listing and this school3.91 miles
Public District Grades 6-8
Nearby Schools
5
/10
Centennial High School
913 Crescent Dr
Distance between this listing and this school3.59 miles
Public District Grades 9-12
3
/10
Urbana High School
1002 S Race St
Distance between this listing and this school3.87 miles
Public District Grades 9-12
5
/10
Central High School
610 W University Ave
Distance between this listing and this school3.94 miles
The neighbors living near this home have an average income of $71,949. The majority of Savoy, IL residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About LOT1 Clarendon Ct
What is the listing price of this property?
The listing price of LOT1 Clarendon Ct property is $335,000.
What type of property is this?
The property LOT1 Clarendon Ct is land located in Savoy, Illinois, 61874.
Is this property for sale now?
Active Listing: LOT1 Clarendon Ct is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at LOT1 Clarendon Ct in Savoy, IL and zip code 61874. It has been listed on Rocket Homes since January 08, 2024 and is currently priced at $335,000.
In October 2024, from all listings sold in Savoy, IL there were more than 2 sold above asking price, over 8 sold below and more than 2 were sold right at the asked price. The inventory of homes for sale in Savoy, IL between September 2024 and October 2024 increased by 7.9%. In October 2024, listings were on the market for 22 days. During the same period, the median list price in this real estate market was $350,000.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved. 
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