Lot 3 Clarendon Court

Savoy, IL 61874

$495,000
Price
43,560 / 1
Lot Size / Acres

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...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.
  1. Listed by Max Mitchell • RE/MAX REALTY ASSOCIATES-CHA
  2. Listed by Joe Zalabak • KELLER WILLIAMS-TREC

Property Details for Lot 3 Clarendon Court

Area
Champaign, Savoy
Subdivision
Orig Town of Savoy
Township
Savoy
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Zoning
OTHER

Location

Listing Courtesy of RE/MAX REALTY ASSOCIATES-CHA; KELLER WILLIAMS-TREC
Add your commute
LISTING UPDATED: 03/04/2024 04:12 PM

Property Details for Lot 3 Clarendon Court

StatusActive
MLS #11955209
Days on Market161
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size1.00 AC
CountyChampaign County

Location

Listing Courtesy of RE/MAX REALTY ASSOCIATES-CHA; KELLER WILLIAMS-TREC
Add your commute

Building Information for Lot 3 Clarendon Court

Lot Size1.00 AC

Payment Calculator

$2,701 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,701

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for Lot 3 Clarendon Court

General Information
School Information
  • Elementary School District: 4
  • Elementary School: Champaign/Middle Call Unit 4 351
  • Jr High Middle School: Champaign/Middle Call Unit 4 351
  • High School District: 4
  • High School: Central High School
  • Middle Or Junior School District: 4
Location and General Information
  • Frontage Length: UN
  • Frontage Type: City Street, Public Road
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Basement Description: None
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: No
Utilities / Equipment
  • Utilities: Electric to Site, Gas Nearby, Sanitary Sewer, Sewer-Storm Available, Water-Municipal
Property/Lot Information
  • Lot Size: 1.0-1.99 Acres
  • Lot Dimensions: 1 ACRE
  • Buildings on Land: No
  • Waterfront: No
  • General Information: None
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2024-01-03T21:38:48
  • Photos Count: 1
  • OpenHouse Count: 0
Miscellaneous
  • Current Use: Special Use
  • Land Description: Level
  • Location: Central Business District
  • Road Surface: Concrete
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for Lot 3 Clarendon Court

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near Lot 3 Clarendon Court

This home is within Champaign Community Unit School District 4.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Carrie Busey Elementary School
PublicK to 5

Jefferson Middle School
Public6 to 8

Central High School
Public9 to 12

Vernon L Barkstall Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Lot 3 Clarendon Court is a 1 ac of land for sale in Savoy, IL 61874. This property was listed for sale on January 2, 2024 by RE/MAX REALTY ASSOCIATES-CHA, it's currently listed at $495,000. This listing's school district is Champaign Community Unit School District 4. Nearby schools include Carrie Busey Elementary School, Jefferson Middle School and Central High School. Lot 3 Clarendon Court is a 0-bed, 0-bath, 1 ac of land on a 43,560 sq. ft. / 1 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX REALTY ASSOCIATES-CHA; KELLER WILLIAMS-TREC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.