Savoy, IL 61874 501 Commerce Drive
$1,850,000



4 more





Presented By: Green Street Realty
Home Details
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!
Presented By: Green Street Realty
General for 501 Commerce Drive
Additional Parcels Y/NNo
CitySavoy
CoolingCentral Air
CountyChampaign
DirectionsOff US-45 in Savoy behind Aldi.
ElectricSeparate Meters, Service - 101 to 200 Amps, Ameren
Leasable Area3365
Lease TypeNet
Lot Size Square Feet56603
MLS AreaChampaign, Savoy
ModificationTimestamp2025-10-20T20:54:01.565Z
Net Operating Income106949
Number Of Units Total5
PossessionClosing
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusNew
Stories Count1
Tax Annual Amount34172.86
Tax Year2024
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Sewer
TownshipChampaign
Year Built2019
ZoningCOMMR
Exterior for 501 Commerce Drive
Building Area Total10000
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions74.87X106.88X121.3X258.15X182.54X159.2
Additional Details
Price History
