Discover a premier commercial development opportunity in one of Savoy's most sought-after growth corridors. This 1.97-acre parcel is zoned for a wide range of commercial uses and is ideally suited for a 5,000 sq ft retail or professional building. Located in a high-visibility area with direct access to major arterial roads and just minutes from Willard Airport, the property offers an excellent location for businesses targeting both local and regional clientele. What sets this site apart is its proximity to upscale retail, elite service providers, and high-end dining-making it a natural fit for businesses catering to an affluent, discerning customer base. Concrete parking pads have already been installed, significantly reducing initial development time and cost. Additionally, village-approved site plans are included, streamlining the path to construction and eliminating potential entitlement delays. This property is also ideal for 1031 exchange investors seeking strong long-term growth potential in a supply-constrained market. The area continues to see robust economic development, with increasing demand for commercial space driven by population growth and rising consumer spending in the region. Whether you're an investor or owner-occupant, this is a rare chance to secure a foothold in a thriving business hub with strong fundamentals and high upside. Position your next project for success in one of Central Illinois's fastest-growing, business-friendly communities. This isn't just a site-it's a springboard to establish a long-term presence in a strategic, high-demand location.
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Zillow last checked:
Listing updated:
Listed by:
Max Mitchell, CRS,GRI217-369-0376,
RE/MAX REALTY ASSOCIATES-CHA
Source: MRED as distributed by MLS GRID,MLS#: 12506656
Facts & features
Interior
Appliances
Laundry: None
Features
Basement: None
Property
Features
Frontage length: UN
Lot
Size: 1.97 Acres
Dimensions: 83.76 X 38.1 X 185.24 X 188.84 X 81.48 X 139.97 X 258.04 X 13.5 X 159.43
Details
Additional parcels included: 032036326048
Parcel number: 032036326049
Zoning: OTHER
Special conditions: None
Utilities & green energy
Sewer: Storm Sewer
Water: Municipal Water
Utilities for property: Electric to Site, Natural Gas Nearby, Sewer Nearby
Source: MRED as distributed by MLS GRID #12506656Report a problem
12/5/2025
Pending sale
$450,000
Source: MRED as distributed by MLS GRID #12506656Report a problem
10/29/2025
Listed for sale
$450,000-9.1%
Source: MRED as distributed by MLS GRID #12506656Report a problem
8/12/2025
Listing removed
$495,000
Source: MRED as distributed by MLS GRID #12267583Report a problem
5/27/2025
Price change
$495,000-34%
Source: MRED as distributed by MLS GRID #12267583Report a problem
1/9/2025
Listed for sale
$750,000-31.5%
Source: MRED as distributed by MLS GRID #12267583Report a problem
9/1/2023
Listing removed
--
Source: MRED as distributed by MLS GRID #11612520Report a problem
8/24/2022
Listed for sale
$1,095,000
Source: MRED as distributed by MLS GRID #11612520Report a problem
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Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.