Listing provided courtesy of Coldwell Banker RealtyMREDas Distributed by MLSGrid- MLS# 12545616MLS Provider

200 Applied ParkwayUniversity Park, IL 60484

Commercial · 40.00 Acres
$12 Active

200 Applied Parkway Overview

Time on Site:
168 days
Visits:
3

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, data center, and other office needs. The ownership is offering Spaces from a minimum of 2,000 square feet up to full-building occupancy, accommodating a wide range of tenant 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 with outdoor grilling and picnic areas reinforce the campus-style environment and support 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.

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200 Applied Parkway Facts & Features

  • Type Commercial
  • Lot 40.00 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Gross

Building Information

  • Year Built: 1996

Business Information

  • Current Use: Office

Location/Region

  • County Or Parish: Will
  • MLS Area Major: University Park
  • Township: Monee

Rent/Lease Information

  • Tenant Pays: Varies by Tenant

General Information

  • Possible Use: Office,Special Use
  • Property Sub Type: Office
  • Property Type: Commercial Lease
  • Zoning: OFFIC

Interior

General Information

  • Cooling: Central Air, Central Individual, Total, Zoned
  • Electric: Over 600 Amps, Three Phase, Heavy Power 1200+ Amps, 440 Volts, Other
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 150000
  • Stories: 3

Unit Information

  • Unit SqFt.: 150000

Exterior

Lot Information

  • Lot Size Acres: 40

Building Exterior/Construction

  • Construction Materials: Brick, Concrete, Block, Steel Siding, Stone, Glass

200 Applied Parkway Neighborhood

Community

60484 (UNIVERSITY PARK) Demographics

31
Median Age
991
Population Density (per sq. mile)
41%
College Educated
$61,210
Estimated Median Income
1,481
Estimated Total Home Owners
887
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

200 Applied Parkway Market Data

Based on the last 30 days in this zip code

$176,403
Average List Price
$100
Average Price per Square Foot
5
Properties Sold
79
Average Days on Market
23
Properties for Sale
Calculations provided by Reliance Network

200 Applied Parkway History

Date Event Value Agent
1/17/2026Source: MRED Status Change
Active
1/12/2026Source: MRED Added to Database
January 12, 2026