Description for
100 E Church StreetSavoy, IL 61874
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).
Price
$995,000
Champaign
11941266
Active
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).
Listing Information
Property Type: Land, Other
1.44 Acres
Savoy//
Neighborhood
School Information
District: Central High School
Unit 4 Of Choice
Unit 4 Of Choice
Central High School
Room Information
None
Interior Features
None
Exterior / Lot Features
118 X 350 X 131
Front - 118
Driving Directions
Heading North on Rt 45 turn right on Church. Property on left.
Financial Considerations
032036380002
$3,559
Listing Price History
Savoy Real Estate
Savoy is located in Illinois.
Savoy, Illinois 61874 has a population of 8,149.
The median household income in Savoy, Illinois 61874 is
$78,393.
The median household income for the surrounding county is $56,059
compared to the national median of $66,222.
The median age of people living in Savoy 61874 is 33 years.
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Courtesy: SVN | North Star
Listings courtesy of MRED as distributed by MLS GRID
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