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200 Applied Parkway, University Park, IL 60484

Will County

Key Facts

1996Year Built
40.00Lot (acres)
3Stories

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, 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.

Property Information

Property Type

Commercial Lease

Sub-Type

Office

Year Built

1996

Stories

3

Lot Size

40.00 acres

Zoning

OFFIC

Days on Market

106

MLS® Listing#

12545616

Property Features

Cooling

Central AirZoned

Construction

BrickConcreteBlockSteel SidingStoneGlass

Foundation

Concrete Perimeter

Directions

I-57 and Stuenkel Road exit East or left approximately 1 mile to "Applied" sign on North side of the street just west of Cicero Avenue

Affordability Calculator

$60,000

Estimated monthly payment

$1,597/mo

Principal $240,000 · Est. interest $334,821 over 30 yrs

Location

Map showing the location of 200 Applied Parkway, University Park, IL 60484

Points of Interest in University Park, IL

Showing the University Park area map.

Nearby Schools

  • Neil Armstrong Elementary School

    Elementary · 1.3 mi away

  • Southland College Prep Charter High School

    Secondary School · 1.8 mi away

  • Matteson School District 162

    School · 1.8 mi away

  • Rich South Campus High School

    Secondary · 1.9 mi away

  • Richton Square School

    School · 1.9 mi away

  • Christian Sda School South Sub

    School · 1.9 mi away

  • Sauk Elementary School

    Secondary · 1.9 mi away

  • St Mary School

    School · 2.1 mi away

  • Monee Elementary School

    Elementary · 2.1 mi away

  • Talala Elementary School

    Elementary · 2.1 mi away

  • South Suburban Christian Center

    School · 2.4 mi away

  • Mohawk Primary Center

    Elementary · 2.5 mi away

  • Mohawk Intermediate School

    School · 2.5 mi away

  • Rich East High School

    Secondary · 2.7 mi away

  • Monee Education Center

    Secondary · 2.7 mi away

  • Forest Trail Middle School

    Secondary · 2.8 mi away

  • Blackhawk Elementary School

    Elementary · 2.8 mi away

  • Blackhawk Intermediate

    School · 2.8 mi away

  • Park Forest Academy

    School · 2.8 mi away

  • Zion Lutheran School

    School · 3.0 mi away

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Listing Courtesy: Coldwell Banker Realty - 3129815500

Based on information submitted to the MLS GRID as of 2026-01-12. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2026-01-12

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Mainstreet Organization of Realtors. MLS® Listing#12545616. © 2026EXIT Realty®. All rights reserved.