$12

200 Applied Parkway, University Park, IL 60484

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1996
  • Property Lot Size Icon40acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

200 Applied Parkway presents a rare opportunity to occupy a large-scale, fully built-out modern office building in a serene, park-like setting within University Park, Illinois. Situated on approximately 40 acres, this 150,000-square-foot, two-story elevator office building with a lower level is ideally suited for research and development, institutional users, corporate headquarters, government, and other office needs. Designed to support high-density office and collaborative environments, the building features a dramatic three-story atrium filled with natural light, creating an impressive first impression and an ideal setting for conferences, training, and corporate gatherings. The interior features a highly functional layout with a balanced mix of private offices, open workstations, conference rooms, coffee stations, and support spaces. The property offers numerous amenities, including a large auditorium suitable for training and sales conventions, a full-service kitchen and cafeteria, and multiple indoor and outdoor gathering areas. Landscaped grounds feature outdoor grilling and picnic areas, reinforcing the campus-style environment and supporting employee wellness and engagement. Operationally, the building is well equipped with a loading/receiving dock, extensive IT and support areas, and approximately 800 surface parking spaces for staff or visitors. New industrial developments nearby include Carvana, Clorox, and Clarius, which have added more than 1 million square feet of space. Strategically located, 200 Applied Parkway offers convenient regional access-approximately 10 minutes from Interstates 80 and 294, 10 minutes from the proposed Peotone passenger and cargo airport, and 40 minutes from Midway International Airport. The property also benefits from low real estate taxes in Will County. This unique campus offers a compelling combination of scale, flexibility, amenities, and growth potential, making it an ideal solution for organizations seeking a standalone facility with room to grow in a controlled, professional environment.

Listing Status:
Active
Data Last Updated:
February 15, 2026 at 3:19AM
Listing Office:
Coldwell Banker Realty : 708-205-8703
Listing Agent:
Charles Groebe : 708-205-8703
MLS ID:
12545616
  • A/C: Central AirCentral IndividualTotalZoned
  • General: Concrete Perimeter
  • Originating MLS: mred
  • County: Will
  • Zoning: OFFIC
  • Current Use: Office
  • Utilities: Over 600 AmpsThree PhaseHeavy Power 1200+ Amps440 VoltsOther
  • Source: mred

This listing courtesy of Charles Groebe , Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

T

Talala Elementary School

430 Talala St, Park Forest, IL, 60466

Grades KG-5

2.12 miles away

M

Monee Education Center

5154 W Main St, Monee, IL, 60449

Grades 6-12

2.75 miles away

M

Monee Education Center

5154 W Main St, Monee, IL, 60449

Grades 6-12

2.75 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby