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$829,000
Est. payment /mo
1.44 Acres Lot
UPDATED:
09/02/2024 05:07 AM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11941266
Annual Tax Amount $3,559
Tax Year 2022
Lot Size 1.440 Acres
Lot Dimensions 118 X 350 X 131
Property 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).
Location
State IL
County Champaign
Interior
Cooling None
Fireplace N
Laundry None
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer
Waterfront false
View Y/N true
Schools
Elementary Schools Unit 4 Of Choice
Middle Schools Unit 4 Of Choice
High Schools Central High School
School District 4, 4, 4
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Noah Ruggieri • SVN | North Star