$1,850,000
( $185.00Per Sq Foot )
 $9,931 est/mo Sourced by Back At You

501 Commerce Drive,Savoy, IL 61874

Savoy, IL 61874

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Description

Now Available For Sale & Lease - Prime Commercial Space on Commerce Dr. in Savoy! Excellent investment and leasing opportunity in a thriving Savoy location! This well-maintained shopping center features two separate buildings with a mix of established tenants, including Domino's and El Rancho Grande. Currently, three commercial spaces are leased, with 3,365 SF available for lease. The available space can be demised for multiple tenants and offers the potential for a drive-through, providing great flexibility for office, retail, or restaurant use. Located just off US-45 and behind Aldi, this property benefits from strong visibility, easy accessibility, and steady traffic flow. The site offers a well-lit parking lot, convenient access from surrounding streets, and sits within a high-end commercial corridor surrounded by national and regional retailers. The property is zoned C-1 (Neighborhood Commercial), allowing for a wide range of business uses. View it today!

Details

MLS #12559173
Listing TypeFor Sale
StyleRetail/stores
Sub-TypeResale
StatusActive
Year2019
Days On Site212
Listing Provided ByGreen Street Realty | Shannon Collins

Features

SQ Feet10,000
Story(s)1
Units5
ZoningCOMMR

Interior

CoolingCentral Air

Exterior

Foundation DetailsConcrete Perimeter

Utilities

ElectricSeparate Meters, Service - 101 to 200 Amps, Ameren

Taxes

Tax Year2024
Tax Annual Amount34172.86

Area Information

StateIL
CountyChampaign
CitySavoy
Zip Code61874
AreaChampaign | Savoy
Listing VS Median (in 61874)
Price:
$1,850,000
low | high
Med:
$485,000
100% of Average
sqft:
10,000
low | high
Med:
2,478
100% of Average
$ / sqft:
$185
low | high
Med:
$196
44.204131492267% of Average
On site:
212
low | high
Med:
93
100% of Average
Sourced by Back At You

Market Activity 61874

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Learn More About This Property

StateIL
CountyChampaign
CitySavoy
Zip Code61874
AreaChampaign | Savoy
Listing VS Median (in 61874)
Price:
$1,850,000
low | high
Med:
$485,000
100% of Average
sqft:
10,000
low | high
Med:
2,478
100% of Average
$ / sqft:
$185
low | high
Med:
$196
44.204131492267% of Average
On site:
212
low | high
Med:
93
100% of Average
Sourced by Back At You
Listing Updated: July 9, 2026 at 12:09:26 PM PDT