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    24625 S Western Ave University Park, IL 60484

    Picture of Land at S Western Ave 24625, University Park, IL
    For Sale
    $38,000

    Land - University Park, IL

    Lot size:
    1.85 Acres
    Days on Market:
    48
    Last Refresh:
    Dec 9 at 1:06 am

    Property Features for 24625 S Western Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    2315073020370000
    Lot size
    1.85 Acres

    Building Details

    Architectural style
    Other

    Real Broker LLC (630) 439-6385 [email protected]

    Listing agent Michael Bempah (217) 960-8605 License #475175881

    Listing date Oct 23, 2025

    MLS# 12354067 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in University Park

    This 1.85-acre vacant parcel is located off Western Ave in University Park, Will County, within the Robert Bartlett's Meadowood Subdivision. The property, totaling 80,586 square feet, is zoned for residential use. The land is flat and buildable, featuring mature trees along its edges. Utilities are accessible nearby, though verification is the responsibility of the buyer. The location provides convenient access to local parks, shopping, I-57, and the Metra station. This lot is suitable for a custom home or long-term investment.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    University Park
    County
    Will
    State
    Illinois
    Longitude
    -87.670941
    Latitude
    41.44298

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    FAQs

    What type of property is this?
    Land - 1.85 acre residential lot in University Park, Illinois.
    Where is this land located?
    The property is located at 24625 S Western Ave University Park, IL.
    What is the asking price?
    The asking price for this property is $38,000.
    What are key features of this property?
    This property features: - 1. 85-acre residential lot offers ample space and privacy.; - Located in University Park, close to parks, shopping, I-57, and Metra station.; - Zoned for residential use and ready for custom home construction.
    (217) 960-8605
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    University Park, IL 60484
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24625 S Western Ave University Park, IL 60484
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