200 Applied Parkway

About This Home

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, three-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 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 a campus-style setting. 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, the property 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 site also benefits from low real estate taxes in Will County. This unique campus offers a combination of scale, flexibility, amenities, and growth potential, making it an ideal location for organizations seeking a free-standing facility with room to grow in a controlled, professional environment.

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