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27547536
27547537

501 Commerce Dr, Savoy, IL 61874 For Sale

SC
IL Illinois 475.178418
Green Street Reality
KM
IL IL 475.188930
Green Street Reality
Listed by Green Street Reality
$1,850,000
276 days on market
Updated 79 days ago

Commerce Dr

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 10,000
NOI $106,949
Tenancy Multi
Class A
Year Built 2019
Buildings 2
Acreage 1.300
Zoning C1
Parking Spaces 60 spaces
Parking per 1,000 SqFt 6.00
Ownership Fee Simple

Retail | 10,000 SqFt

Marketing description

Now Available For Sale – 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.

Investment highlights

  • Two-building commercial center with strong tenant mix

  • 3,365 SF available (divisible)

  • Drive-through potential

  • Zoned C-1 (Neighborhood Commercial)

  • Ideal for office, retail, or restaurant uses

  • Convenient access and well-lit parking

  • Located just off US-45 in Savoy

  • Surrounded by established businesses and amenities

Listing Contacts

SC
IL Illinois 475.178418
Green Street Reality
KM
IL IL 475.188930
Green Street Reality
Listed by Green Street Reality

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$106,949.00
$8,912.42/mo

Valuation Metrics

0
DSCR
5.78%
Cap Rate
5.78%
ROI

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Additional Information

Name
Shannon Collins
License
Illinois 475.178418
Brokerage
Green Street Realty
Brokerage Address
510 South Neil Street
Name
Katie Meints
License
IL 475.188930
Brokerage Phone
217-356-8750
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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