This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/11
$12
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/11
Property 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.
Full Property Details
Full Property Details for 200 Applied Pkwy
General
- Price: $12
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12545616
- Updated: 3/12/2026
- Added to Site: 82 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s), Sprinklers (Wet)
Location
- Area: University Park
- County: Will
- Township: Monee
- Driving 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
- Location Details: South Suburban, Southwest Suburban, Industrial Area/Campus
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual, Total, Zoned
- Heating Type: Ceiling Units, Central Building Heat, Electric, Forced Air, Gas
Structural Information
- Construction: Brick, Concrete, Block, Steel Siding, Stone, Glass
- Exterior Const.: Brick, Concrete, Block, Steel Siding, Stone, Glass
- Foundation: Concrete Perimeter
- Drive-In Doors: 4
- # Loading Docks: 1
- Stories/Levels: 3
- Current Bldg. Use: Office
- Year Built: 1996
Lot Features
- Lot Size (Acres): 40
- Potential Use: Office, Special Use
- Zoning: OFFIC
Financial Considerations
- Lease Price: $12
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Fire Extinguisher/s, Sprinklers-Wet
- Assessment Year: 1996
- Tenant Pays: Varies by Tenant
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 200 Applied Pkwy
School District:Crete-Monee Community Unit School District 201-U
| Name | Grades | Distance |
|---|---|---|
Talala Elementary School 430 Talala Street, Park Forest, IL 60466 | K-5 | 2.1 mi |
Crete-Monee Middle School 635 Olmstead Lane, University Park, IL 60484 | 7-8 | 3.7 mi |
Crete-Monee High School 1515 West Exchange Street, Crete, IL 60417 | 9-12 | 4.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 200 Applied Pkwy
Date
Details
Price
Change
Source
1/12/2026
Listed
$12
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 200 Applied Pkwy
200 Applied Parkway, University Park, IL 60484 (MLS# 12545616) is a Commercial Lease property. 200 Applied Parkway is currently listed for $12 and was received on January 12, 2026. This property is listed by Chuck Groebe from our Gold Coast Office.Want to learn more about 200 Applied Parkway? Do you have questions about finding other Commercial Lease real estate for sale in University Park? You can browse all University Park real estate or contact a Coldwell Banker agent to request more information.


