100 E Church ST, Savoy, IL 61874 – 11941266 - Michael Bempah

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Michael Bempah

The Bempah Group

mike@thebempahgroup.com +1(630) 206-9116

$ 829,000

Est. payment | -/mo

1.44 Acres Lot

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$ 829,000

Est. payment | -/mo

Save

1.44 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 11941266

Annual Tax Amount $3,559

Tax Year 2022

Lot Size 1.440 Acres

Lot Dimensions 118 X 350 X 131

Property Description

The property is situated across the street from a planned development for Savoy. This makes the location a perfect site for revitalization or redevelopment with a prime location on a hard corner, easy access to an interstate, and a regional airport nearby. Over 18,800 cars per day. pass this site. This combination of factors can indeed open up various possibilities for different types of projects. The area is surrounded by a mix of residential and commercial properties, providing ample opportunities for foot traffic and exposure. Additionally, the property is situated near major highways and transportation options, making it easy to access and attract customers from a wider area. There is also the potential of Tax Increment Financing (TIF).

Location

State IL

County Champaign

Area Champaign, Savoy

Interior

Cooling None

Fireplace N

Laundry None

Exterior

Utilities Available Electric to Site, Gas to Site, Sanitary Sewer

Waterfront false

Building

Dwelling Type Land

Schools

Elementary Schools Unit 4 Of Choice

Middle Schools Unit 4 Of Choice

High Schools Central High School

School District 4 , 4, 4

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Noah Ruggieri • SVN | North Star

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Michael Bempah

Broker | License ID: 475.175881

mike@thebempahgroup.com

+1(630) 206-9116

50 S Main St, Naperville, IL, 60540, USA