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SEC of Stunkel Rd. and Central Ave. - 55.64 AC SEC Stunkel & Central, University Pk

55.64 Acres of Commercial Land Offered at $5,995,000 in University Park, IL 60449

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Investment Highlights

Caravan broke ground on 110 acres at Stunkel and Cicero Ave.
Water/Sewer along property on both Stunkel and Central
Newly Built Georgia Pacific 1.2MM SF on Central

Four-Way corner interchange locations
Located in Major Industrial Park known as Commerce Center UP
Dots Food expansion 2019 on central Ave. & Amazon new facility 1.2MM SF on Central started 2020

Executive Summary

55.64 acres of Industrial Zoned Land. The property is located just off the SEC of Stunkel Rd. and Central Ave. The property is in University Park, Il. Will County ad is zoned Industrial. The village has a TIF and Enterprise Zone designation on this property. Water/Sewer is located on both Stunekel Road and Central Ave. and is controlled by Aqua Illinois.

Sale_Offering_Memorandum__L_ (1)

Property Facts

Price	$5,995,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Industrial
No. Lots	1	Total Lot Size	55.64 AC
Property Type	Land

Price	$5,995,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Industrial
Total Lot Size	55.64 AC

1 Lot Available

Lot

Price	$5,995,000	Lot Size	55.64 AC
Price Per AC	$107,746

Price	$5,995,000
Price Per AC	$107,746
Lot Size	55.64 AC

Industrtial/Commercial Land just east of the new I-57 interchange with Stunekel Road. Just off the SEC of Central Ave and Stuenkel rd. 1400 feet of frontage on Stuenkel, 55 acres made up of 2 adjoining parcel of 7 +/- acres and 48+/- acres.

Description

The Subject properties consist of two adjacent land parcels in an L-shape located east of the new I-57 Interchange with Stunekel Rd. just off the the SEC of Central Ave. and Stunekel Rd. in University Park, Illinois, Will County. The intersection of Stunekel Rd. and Central Ave is a four-way lighted corner, the parcels are within 200 yards on the new I-57 interchange. Water and Sewer is long the property on both Central and Stunkel Rd...I-57 is a major North-South Highway connecting to I-80, and not far from I-294 and even I-355. The property is within the City of University Park and is presently Zoned Industrial (I). 10 acres at the hard SEC have been sold to a national gas/diesel service chain.