Savoy, IL Commercial Real Estate for Lease and Sale

Explore 15 listings of Savoy commercial real estate to find the best space for your business.

Savoy Square Outlot

103 Calvin St, Savoy, IL
Property

VacantLand
For Sale

$170,000
View Details (opens in new window)
US Route 45, Savoy, IL

505 S Dunlap Ave, Savoy, IL
Property

Land

19 Acre
For Sale Contact for pricing
View Details (opens in new window)
100-108 W Church St.

100 E Church St, Savoy, IL
Property

VacantLand
For Sale

$829,000
View Details (opens in new window)
Former Fuel Center - Savoy, IL

1335 Woodfield Dr, Savoy, IL
Property

Office

1,400 SF
Availability

1 Space

1,400 SF
For Lease Contact for pricing
View Details (opens in new window)
GATEWAY EXCHANGE INTERSTATE COMMERICAL LOTS

57 Curtis Rd, Mahomet, Champaign, IL
Property

VacantLand
For Sale Contact for pricing
View Details (opens in new window)
2229 S Neil St

2229 S Neil St, Southgate Ayreshire, Champaign, IL
Property

Retail

38,517 SF
Availability

7 Spaces

12,958 SF
Year Built

1998
For Lease

$15.00 - $180.00/SF/YR
View Details (opens in new window)
2302 Fox Dr

2302 Fox Dr, Southgate Ayreshire, Champaign, IL
Property

Office

20,000 SF
Availability

3 Spaces

16,165 SF
Year Built

1997
For Lease

$12.00 - $144.00/SF/YR
View Details (opens in new window)
2003 S Neil St

2003 S Neil St, Southgate Ayreshire, Champaign, IL
Property

Office

1,420 SF
Availability

1 Space

1,420 SF
Year Built

2017
For Lease

$29.00/SF/YR
View Details (opens in new window)
2017 S Neil St

2017 S Neil St, Southgate Ayreshire, Champaign, IL
Property

Retail

9,200 SF
Availability

2 Spaces

5,859 SF
Year Built

2015
For Lease

$15.00/SF/YR
View Details (opens in new window)
1806 Fox Dr

1806 Fox Dr, Southgate Ayreshire, Champaign, IL
Property

Office

20,000 SF
Availability

3 Spaces

14,935 SF
Year Built

1992
For Lease

$12.00 - $144.00/SF/YR
View Details (opens in new window)
501 E University Ave

501 E University Ave, Urbana, IL
Property

Retail

4,500 SF
For Sale

$475,000
View Details (opens in new window)
Downtown Office Available for Sale or Lease

201 W University Ave, West Central Champaign, Champaign, IL
Property

Office

29,615 SF
Availability

1 Space

10,000 SF
For Lease

$14.00/SF/YR
View Details (opens in new window)
106 Main St., Urbana, IL

106 W Main St, Urbana, IL
Property

Office

7,303 SF
For Sale

$625,000
View Details (opens in new window)
210 S Walnut St

210 S Walnut St, Downtown Champaign, Champaign, IL
Property

VacantLand

13,600 SF
For Sale

$1,900,000
View Details (opens in new window)
901 W University Ave

901 W University Ave, Urbana, Champaign, IL
Property

Office

32,000 SF
Availability

1 Space

32,000 SF
Year Built

2009
For Lease

$16.00/SF/YR
View Details (opens in new window)

Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Savoy commercial real estate market incorporates 1,400 square feet of office space across 1 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.

The listing inventory in Savoy incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Savoy is represented by Office space, which accounts for 1,400 square feet of available listings.

Meanwhile, most of the listings of commercial property for sale in Savoy are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Savoy, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property.

The average size of a commercial property in Savoy depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Savoy, the average size of an office property is 1,400 square feet.

Savoy, IL Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Savoy currently add up to 1,400 square feet. The market offers 1 active office listing(s), which amount to 1,400 square feet .

Property Type	Count of Listings	Total SF
Office	1	1,400

Savoy, IL Commercial Real Estate for Lease and Sale

Savoy Square Outlot

US Route 45, Savoy, IL

100-108 W Church St.

Former Fuel Center - Savoy, IL

GATEWAY EXCHANGE INTERSTATE COMMERICAL LOTS

2229 S Neil St

2302 Fox Dr

2003 S Neil St

2017 S Neil St

1806 Fox Dr

501 E University Ave

Downtown Office Available for Sale or Lease

106 Main St., Urbana, IL

210 S Walnut St

901 W University Ave

Frequently Asked Questions

Savoy, IL Currently Available Listings

Commercial Space for Lease Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us

About Us

Our Tools

Savoy, IL Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Savoy, IL?

What factors affect the price of commercial real estate in Savoy, IL?

What are the best areas for commercial real estate in Savoy, IL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Savoy, IL?

Savoy, IL Currently Available Listings

Commercial Space for Lease Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us