501 Commerce Drive Savoy, IL $ 1,850,000
501 Commerce Drive
$ 1,850,000
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501 Commerce Drive

Savoy, IL, 61874
$ 1,850,000
Bedrooms-- Baths-- Sq 10,000
501 Commerce Drive, Savoy, IL 61874 - Image 1
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Property for Rent in Savoy, IL

for $1,850,000. This 10,000 square foot property was built in 2019 on a lot size of 1.29943.

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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Rental Active

Price

$ 1,850,000

Taxes

$ 34,172

Style

Lot Size

1.29943

Year Built

2019

Town/City

Savoy

County/Region

Champaign

MLS | Web ID

12559173

Features
General
Cooling Central Air
Possession Closing
Zoning COMMR
Year Built 2019
Electric Separate Meters Service - 101 to 200 Amps Ameren
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Taxes Insurance Sewer
Stories Count 1
Township Champaign
Tax Year 2024
Assoc Fee Paid Per Not Applicable
County Champaign
Net Operating Income 106949
Property Type Commercial Sale Retail/Stores
Status Active
Directions Off US-45 in Savoy behind Aldi.
City Savoy
Number Of Units Total 5
MLS Area Champaign Savoy
Lot Size Square Feet 56603
Tax Annual Amount 34172.86
Additional Parcels Y/N N
Leasable Area 3365
Lease Type Net
Standard Status Active
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 10000
Lot Dimensions 74.87X106.88X121.3X258.15X182.54X159.2
Frontage Type City Street
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* Excluded Features
List By
Green Street Realty

Broker

shannon.collins@greenstrealty.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/2/2026$1,850,000 Listed Price

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501 Commerce Drive, Savoy, IL, 61874 is a Property for Rent at $1,850,000 with 10,000 sqft and a lot size of 1.29943. 501 Commerce Drive was built in 2019. The property's zip code is 61874 which is in Savoy, IL