Lot 1 CLARENDON CT, Savoy, IL 61874 – 11954862 - Michael Bempah

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Michael Bempah

The Bempah Group

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

$ 335,000

Est. payment | -/mo

Save

$ 335,000

Est. payment | -/mo

Save

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Orig Town Of Savoy

MLS Listing ID 11954862

Tax Year 2022

Lot Dimensions .5 ACRE

Property Description

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.

Location

State IL

County Champaign

Area Champaign, Savoy

Zoning OTHER

Interior

Fireplace N

Laundry None

Exterior

Utilities Available Electric to Site, Gas Nearby, Sanitary Sewer, Sewer-Storm Available, Water-Municipal

Waterfront false

Building

Dwelling Type Land

Schools

Elementary Schools Champaign/Middle Call Unit 4 351

Middle Schools Champaign/Middle Call Unit 4 351

High Schools Central High School

School District 4 , 4, 4

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Max Mitchell • RE/MAX REALTY ASSOCIATES-CHA

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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