Park Forest, IL Land for Sale

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Monee, IL Crete, IL Richton Park, IL Ford Heights, IL Matteson, IL Beecher, IL Olympia Fields, IL Frankfort, IL

22 properties

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Updated: May 30

University Park Vacant Land

608 Sullivan Lane, University Park, IL 60484

$32,000

0.75 AC lot

Four connected vacant lots sold together, ideal for development.
Totaling approximately 0.75 acres (32,844 sq ft).
Located at 916 Blackhawk Dr and 608, 610, 612 Sullivan Lane, University Park, IL 60484.
Lot sizes range from .16 acres (7,171 sq ft) to .21 acres (9,148 sq ft).
Suitable for new construction.

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Updated: Jan 19

University Park Developable Land

976 Mesa Court, University Park, IL 60484

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3.20 AC lot

Developable 3.2‑acre land parcel in a desirable Chicago suburb
24 existing concrete housing pads, with room for 24 more
Over 300 feet of frontage on highly traveled Burnham Drive
Additional access from multiple paved roads
Located approximately 30 miles south of downtown Chicago

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Residential Lot in University Park

735 Union Drive, University Park, IL 60484

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0.15 AC lot

0.15-acre residential lot in peaceful Wood Hills Ridgeview subdivision.

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University Park Land Opportunity

475 Crossing Drive, University Park, IL 60449

$5,750,000

58 sqft

58 acres of land available in University Park, Illinois.

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Land, Park Forest, IL

Vacant Western Avenue, Park Forest, IL 60466

$150,000

6.96 AC lot

Land · 6.96 Acres

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Residential Development Land with Pads

976 Mesa Court, University Park, IL 60484

$149,900

3.20 AC lot

Unfinished residential development site with 24 concrete housing pads and room for additional pads, with 300+ feet of frontage.

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Multifamily Zoned Brick Building Site

99 Dogwood St, Park Forest, IL 60466

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10,000 sqft 5.50 AC lot

5.5± acre site includes a 10,000± sq ft brick building sold as-is, zoned R-3 multifamily.

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Vacant Lot on Central Park

23345 Central Park Avenue, Park Forest, IL 60466

$82,900

3.95 AC lot

3.95 acre vacant lot suitable for single-family or duplex development.

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University Park Land Parcel

Dralle Rd. & Central Rd., University Park, IL 60466

$150,000

33 sqft

Land parcel available in University Park, Illinois.

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Farmland Parcel for Sale

Lot 13 Central Ave, University Park, IL 60484

$35,000

Agricultural land parcel offered for sale on Central Ave in University Park, Illinois.

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Industrial Land Near I-57 Interchange

SEC of Stuenkel Rd. and Central Ave., University Park, IL 60484

$5,995,000

55.64 acres of industrial-zoned land in University Park, Illinois.

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Recreation Land Near Golf Club

23521 Crawford Ave, Park Forest, IL 60466

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Large former golf course site with access to Metra rail and nearby interstate interchanges.

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Level Commercial Land

2410-2470 Western Avenue & 820 Norwood Blvd, Park Forest, IL 60466

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Vacant commercial site with utilities available and access from Western Avenue and Norwood Boulevard.

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Unimproved Land

University Park, IL 60484

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Residential land & home lots

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Industrial Land with Development Options

2355 Bond St, University Park, IL 60484

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22.92 AC lot

Large industrial tract near I-57 and Route 50 supports multiple proposed logistics and trailer parking configurations.

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Industrial Land

2600 Bond St, University Park, IL 60484

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Industrial land offering substantial acreage for commercial development.

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Transit-Adjacent Development Land

534 Homan Ave, Park Forest, IL 60466

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Utilities are available on site, with the property adjoining a Metra Electric Line commuter stop.

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Level Vacant Land

364 S Orchard Dr, Park Forest, IL 60466

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Vacant, level land identified for redevelopment use.

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Land

608 Sullivan Lane, University Park, IL 60484

$40,000

Residential land & home lots

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5.4 Acre Development Site

S Kedzie Ave, University Park, IL 60484

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5.40 AC lot

5.4 acre site zoned for townhomes and multi-family.

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Industrial Land Near I-57 Interchange

SEC of W Stuenkel Rd, University Park, IL 60484

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55.64 AC lot

55.64 acres of industrial land in University Park, Illinois.

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Park Forest Land For Sale

46-48 W South St, Park Forest, IL 60466

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2.03 AC lot

2.03 acre commercial land plat in Park Forest, Illinois.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Park Forest, IL, we suggest to view alternatives - similar 17 Off-Market properties to explore as potential leads.

Off-Market Properties in Park Forest, IL

Consider similar Off-Market properties in Park Forest, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

VACANT COMMERCIAL LAND

Monee Rd, Park Forest, IL 60466

$260,000

Estimated value

1.20 AC lot

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VACANT COMMERCIAL LAND

Wolpers Rd, Park Forest, IL 60466

$105,000

Estimated value

1.24 AC lot

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Park Forest, IL Land Market Trends and Statistics

Explore 39 land for sale in Park Forest, IL, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 4,778,623 square feet of properties for sale, with an estimated market value of $12,384,800.

Sale prices for lots in Park Forest, IL start at $32,000, averaging $1,376,088, and reaching up to $5,995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 28K

Population Growth (5Y) -1.7%

Median Household Income $63,409

College Educated 36.1%

High-Yield Neighborhoods for Investment

Identify Park Forest submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
60466	$150K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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