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612 Clarendon Court Savoy, IL 61874 • Land - Residential • Active

  • 612 Clarendon Court, Savoy, IL 61874 Main Photo

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Description

Multifamily land for sale in Savoy, IL: 1.97 acres zoned R-4 Moderate-Density Multi-Family, ready for apartments, townhomes, duplexes or senior housing in the Champaign-Urbana market. This level development site sits just off US 45 (Dunlap Ave) and Calvin St, with concrete street frontage, municipal water and electric at the site, and gas and sanitary sewer nearby. Concrete parking pads are already in, and an earlier site plan for the property can shorten the path to construction. Savoy is one of the most sought-after communities in Champaign County, with grocery, dining, medical offices and recreation minutes away, along with Willard Airport, I-57 access and the University of Illinois. This is the last parcel the Thompson family holds here, and they are ready to work with a buyer who can close. Two tax parcels sell together. Ask the listing broker for the full brochure with site details.

Property Highlights

Property Type: Land - Residential
Total Acres: 1.97 Acres
Utilities: Electric to Site, Natural Gas Nearby, Sewer Nearby

General Information

County: Champaign
High School: Central High School
Subdivision: Orig Town of Savoy
Listed By:
RE/MAX REALTY ASSOCIATES-CHA
MRED MLS
$450,000
Est. $3,122/mo
Active
LOT SIZE 1.970 acres MLS#12506656
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONOrig Town of Savoy SCHOOLDistrict 4

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612 Clarendon Court, Savoy, IL 61874.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $450,000$450,000$450,000
Down Payment $90,000$15,750$112,500
Monthly Mortgage Amount $2,365$2,903$2,894
Taxes $626$626$626
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$198$0
Monthly Estimated Total $3,122$3,858$3,651

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