725 University Parkway University Park, IL 60484
Presenting an approximately 21.22-acre vacant land parcel located at 725 University Parkway in University Park, Illinois. The village of University Park is located approximately 30 miles south of Chicago's downtown or Loop almost entirely in Will county and is one of the region's few planned communities. The subject property is well-located within the Interstate 57 major industrial corridor, connecting the community to thriving and growing industry and employers within the area including Amazon. University Park is also home to Governors State University, a 4-year residential university, and is strategically adjacent to the planned South Suburban Airport (SSA) in nearby Peotone. The subject property is currently zoned R-4 and is located adjacent to existing residential developments to the west, east and south, making this investment a great opportunity for retail use along University Parkway with the rear portions of the land set aside for multi-family, senior housing or community use. University Park's proximity to an industrial corridor coupled with its frontage and the community's desire for a difference suggests a zoning change would pave the way for an opportunity to better serve the community. Here, a new investor has the opportunity to acquire a vacant parcel in an underserved but well-located community poised for growth, allowing for multiple development strategies.
- Property TypeLand
- NeighborhoodN/A
- CountyWill
- Taxes$2,765
- HOA/Condo/Coop Fees$0
- Days on Site292 Days
- MLS StatusActive Under Contract
- MLS ID Number11470003
- Home Size Source N/A
- Year BuiltN/A
- Lot Size21.22 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 0
- Acreage 21.22
- Zoning COMMR
- General Information None
- Lot Size 10.0-24.99 Acres
- Parking Total 0
Interior Features
- Utilities Electric NearbyGas NearbySanitary SewerWater NearbyWell-Community
Exterior Features
- Waterfront Property No
Community Features
- Township Monee
- MLS Area University Park