725 University Parkway
725 University Parkway
$450,000
924,343 / 21.22
Contingent
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.
- Listed by Brigette Bell • B2B Investment Properties LLC
Property Details for 725 University Parkway
Area
University Park
TownshipMonee
OwnershipFee Simple
Num Of Parking Spaces0.0
ZoningCOMMR
Location
LISTING UPDATED: 02/20/2024 02:38 PM
Property Details for 725 University Parkway
Status | Contingent |
---|---|
MLS # | 11470003 |
Days on Market | 637 |
Taxes | $2,765 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land |
Year Built | - |
Lot Size | 21.22 AC |
County | Will County |
Location
Building Information for 725 University Parkway
Lot Size21.22 AC
Payment Calculator
$2,686 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 725 University Parkway
Property History for 725 University Parkway
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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.
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