Brand new construction at an affordable price! Savannah Green is a community located in Urbana, IL. The subdivision was constructed between 2002 and 2007. C-U Under Construction started developing the remaining 40 lots in 2023. They offer three different floor plans that start at $236,400. Why build in Urbana? These new construction properties are eligible for the ThinkUrbana Tax Abatement program. A $250,000 homeowner would likely realize a tax savings of over $34,000 in the first five years of full property assessment. In the first year Think Urbana participants will receive a 100% discount on property taxes, 80% the second year, 60% the third year, 40% the fourth year, and 20% the fifth year on the increased value of their new home from participating taxing partners.