200 Applied Pkwy

200 Applied Pkwy, University Park, IL 60449

Property Information

  • For Lease $12.00/SF/YR
  • Property Type Office - General Office
  • Lot Size 40 Acre
  • # of Floors 2
  • Parking Spaces Avail. 800
  • Year Built 1996
  • Date Updated Jun 25, 2026

Description

200 Applied Parkway presents a rare opportunity to occupy a large-scale, fully built-out modern office building in a park-like campus 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. The owner built out industrial units dividable up to 10,000 square feet on the ground floor. There are 3 depressed docks and one grade-level dock. 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, 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. The meticulously landscaped grounds reinforce the campus-style environment and support employee wellness and engagement. Operationally, the building is well equipped with extensive IT and support areas, as well as approximately 800 surface parking spaces for staff and 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.

Highlights

  • Age 2130 Years Old
  • Lot Size 2050 Acres
  • Sewer City
  • Water City Water

4 Spaces Available

101

Space Type

General Office

Lease Rate

$12.00/SF/YR

Total Space

2,000 SF

Floor

2

Divisible Space

2,000 - 150,000 SF

Lease Type

Gross + Electric

Sublease

No

Build Type

Full build out

1st Floor

Space Type

General Office

Lease Rate

$12.00/SF/YR

Total Space

65,000 SF

Floor

2

Divisible Space

2,000 - 150,000 SF

Lease Type

Gross + Electric

Sublease

No

Build Type

Full build out

2nd Floor

Space Type

General Office

Lease Rate

$12.00/SF/YR

Total Space

65,000 SF

Floor

2

Divisible Space

2,000 - 150,000 SF

Lease Type

Gross + Electric

Sublease

No

Build Type

Full build out

Lower Level

Space Type

General Office

Lease Rate

$12.00/SF/YR

Total Space

30,000 SF

Floor

2

Divisible Space

2,000 - 150,000 SF

Lease Type

Gross + Electric

Sublease

No

Build Type

Full build out

Contacts

Location

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