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501 Commerce Drive

Savoy, IL 61874
  • $1,850,000
  • STATUS: Active
  • MLS #: 12559173
UPDATED: 130 min ago
$1,850,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2019
County:
Area:

School Ratings & Info

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!

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2026-04-17T01:05:31.877 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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501 Commerce Drive Savoy, IL 61874

  • Price: $1,850,000
  • Status: Active
  • On Site: Days
  • Updated: 130 min ago
  • MLS #: 12559173
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2019
Built
Neighborhood:
Champaign
County:
Champaign
Area:
Champaign
Property 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!
Exterior Features

Foundation Details Concrete Perimeter Frontage Type City Street Outdoor Parking 51-100 Spaces

Interior Features

Cooling Central Air Heat Ventilation ElectricIndividual Furnaces Number Of TLDocks 0

Property Features

Additional Parcels YN No Association Fee Frequency Not Applicable Building Area Total 10000 Electric Separate MetersService - 101 to 200 AmpsAmeren Fire Protection Sprinklers Leasable Area 3365 Mls Actual Status Active Net Operating Income 106949 Number Of Tenants 3 Property Offered For Sale or Rent Rental Price 18 Tax Annual Amount 34172.86 Tax Year 2024 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatTaxesInsuranceSewer Township Champaign Type Retail/Stores Zoning COMMR

Listing courtesy of © 2026 Midwest Real Estate Data LLC as distributed by MLS GRID.
Listing provided courtesy of Green Street Realty: .



© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2026-04-17T01:05:31.877 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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2401 East Empire
Bloomington IL, 61704