200 Applied Parkway
University Park, IL, 60484 $ 12
Bedrooms-- Baths-- Sq 150,000 Property for Rent in University Park, IL
for $12. This 150,000 square foot property was built in 1996 on a lot size of 40.
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.
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FeaturesGeneralCooling Central Air Central Individual Total Zoned
Zoning OFFIC
Construction Materials Brick Concrete Block Steel Siding Stone Glass
Year Built 1996
Electric Over 600 Amps Three Phase Heavy Power 1200+ Amps 440 Volts Other
Tenant Pays Varies by Tenant
Stories Count 3
Township Monee
Property Subtype Office
Current Use Office
County Will
Property Type Commercial Lease Office/Tech
Possible Use Office Special Use
Status Active
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
City University Park
MLS Area University Park
Leasable Area 150000
Lease Type Gross
Standard Status Active
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ExteriorFoundation Details Concrete Perimeter
Lot Size Acres 40
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* Excluded FeaturesList ByColdwell Banker RealtyBroker
cgroebe61@gmail.com; cgroebe61@gmail.comEmail
NearbyTrends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/12/2026 | $12 | | Listed Price |