725 University Parkway

University Park, IL 60484

$450,000
Price
924,343 / 21.22
Lot Size / Acres

Description

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....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.
  1. Listed by Brigette Bell • B2B Investment Properties LLC

Property Details for 725 University Parkway

Area
University Park
Township
Monee
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Zoning
COMMR

Location

Listing Courtesy of B2B Investment Properties LLC
Add your commute
LISTING UPDATED: 02/20/2024 02:38 PM

Property Details for 725 University Parkway

StatusContingent
MLS #11470003
Days on Market637
Taxes$2,765 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size21.22 AC
CountyWill County

Location

Listing Courtesy of B2B Investment Properties LLC
Add your commute

Building Information for 725 University Parkway

Lot Size21.22 AC

Payment Calculator

$2,686 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,456

Property Taxes

$230

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 725 University Parkway

General Information
School Information
  • Elementary School District: 201U
  • High School District: 201U
  • Middle Or Junior School District: 201U
Location and General Information
  • Frontage Length: 716
  • Frontage Type: City Street
Property Information
Interior Features
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: No
Utilities / Equipment
  • Utilities: Electric Nearby, Gas Nearby, Sanitary Sewer, Water Nearby, Well-Community
Property/Lot Information
  • Lot Size: 10.0-24.99 Acres
  • Lot Dimensions: 716X1354 APP
  • Buildings on Land: No
  • Waterfront: No
  • General Information: None
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 1
  • OpenHouse Count: 0
Miscellaneous
  • Current Use: Commercial
  • Road Surface: Asphalt
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 725 University Parkway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 725 University Parkway

This home is within Crete Monee Community Unit School District 201u.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Crete Elementary School
PublicK to 5

Crete-Monee Middle School
Public6 to 8

Crete-Monee High School
Public9 to 12

Coretta Scott King Magnet School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of B2B Investment Properties LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.