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Lot 1 CLARENDON Court, Savoy, IL 61874

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For Sale

$335,000

Estimated Payment

$      /mo. †

APR for 30 years

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Explore this Property

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.
MLS# 11954862

Courtesy Of RE/MAX Realty Associate

(217) 352-5700

Property Features

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Map and Directions

Directions to Lot 1 CLARENDON Court, Savoy, IL 61874

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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