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NE Corner Of Stuenkel And Crawford St - Hidden Meadows 72 Acres of Commercial Land Offered at $1,893,996 CAD in Park Forest, IL 60466

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INVESTMENT HIGHLIGHTS

  • Adjacent to GSU - maximize access to 7,000 students and 1000+ employees
  • Tranquil exurban setting
  • Across the street from University Park Golf Course
  • Near many amenities and recreation opportunities

EXECUTIVE SUMMARY

The land is less than 2 miles from the interchange at I-57 and Stuenkel Road and less than .6 miles from the University Park Metra Electric commuter Station. Property is adjacent to expanding Governors State University. Until 2006, most of this property was developed as two nine-hole municipal golf courses, with a clubhouse, driving range and parking lot. The property is located at the northeast corner of Crawford Avenue and Stuenkel Road, in Monee Township, Will County, Illinois. It is located within the incorporated Village limits of the Village of Park Forest. Single family homes that front on Tamarack Street border the north boundary of the property, and the Thorn Creek Woods Nature Preserve borders most of the east boundary of the property. To the south and west is the expansive and growing Governors State University. Directly west is the University Park Golf Course.

PROPERTY FACTS

Price $1,893,996 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Healthcare
  • Hotel
  • Restaurant
  • Storefront, Retail or Office
Total Lot Size 72.00 AC
Zoning R1 - While the underlying zoning is R1, the Municipality seeks redevelopment proposals including commercial, multi-family, single-family and mixed-use.

1 LOT AVAILABLE

Lot

Price $1,893,996 CAD
Price Per AC $26,305.50 CAD
Lot Size 72.00 AC

Located in Will County. Former municipal golf course with natural amenities and water features. Located in an Enterprise Zone.

DESCRIPTION

The site is less than 2 miles from the interchange at I57 and University Parkway/Stuenkel Road and less than .6 miles from the University Park Metra Electric commuter Station. Property is adjacent to expanding Governors State University. Until 2006, most of this property was developed as two nine-hole municipal golf courses, with a clubhouse, driving range and parking lot. The property is located at the northeast corner of Crawford Avenue and Stuenkel Road, in Monee Township, Will County, Illinois. It is located within the incorporated Village limits of the Village of Park Forest. Single family homes that front on Tamarack Street border the north boundary of the property, and the Thorn Creek Woods Nature Preserve borders most of the east boundary of the property. To the south and west is the expansive and growing Governors State University. Directly west is the University Park Golf Course.

  • Listing ID: 4932494

  • Date on Market: 2016-07-01

  • Last Updated:

  • Address: NE Corner Of Stuenkel And Crawford St, Park Forest, IL 60466

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