Triangular Industrial Land
24306 South Governors Highway University Park, IL 60484
24306 South Governors Highway, University Park, IL, 60484
$999,000
For Sale
$999,000
Raw industrial land with asphalt grindings, fencing, and on-site shipping containers at a highway junction.
Lot Size8.73 Acres
Days on Market322
Property Features for 24306 South Governors Highway
General Information
- Standard status
- Active
- Lot size
- 8.73 Acres
- Property subtype
- Land
Listing agency
Pearson Realty Group
(312) 925-7938
Listed by
David McLennan · License #475165323
(312) 925-7938
Source
Compass
Added: Sep 4, 2025 Updated: Jul 20 at 8:32PM Checked: Jul 22 at 10:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pearson Realty Group
Investment Insights
Based on property information with market context.
This is a triangular-shaped raw land parcel in unincorporated Monee that has been leveled with trees and stumps removed. The site has been paved over with approximately 1 foot of asphalt grindings and is improved with new perimeter fencing. There are currently two large shipping containers on-site, with a third planned to be added shortly; the containers are included with the sale if the buyer wants to retain them.
The property is extremely well situated at the junction of Cicero Ave (Hwy 50) and Governors Hwy, with ingress and egress available from both highways. The land is currently zoned Commercial, and the seller has discussed potential annexation and zoning changes with the Village of University Park, which borders the property. Several nearby parcels have previously been annexed by University Park and rezoned to Industrial as part of an Industrial Business District.
From a tenant and business operations standpoint, the seller indicates the parcel may support uses such as a strip center, other commercial businesses, or trucking-related operations including truck sales, servicing, and parking.
The property is extremely well situated at the junction of Cicero Ave (Hwy 50) and Governors Hwy, with ingress and egress available from both highways. The land is currently zoned Commercial, and the seller has discussed potential annexation and zoning changes with the Village of University Park, which borders the property. Several nearby parcels have previously been annexed by University Park and rezoned to Industrial as part of an Industrial Business District.
From a tenant and business operations standpoint, the seller indicates the parcel may support uses such as a strip center, other commercial businesses, or trucking-related operations including truck sales, servicing, and parking.
Key Highlights
- ±8.73 acres of raw land in unincorporated Monee, leveled with trees and stumps removed and paved with 1 ft of asphalt grindings
- Triangular‑shaped parcel with ingress/egress access to/from both Cicero Ave (Hwy 50) and Governors Hwy
- Currently zoned Commercial, offering potential for multiple commercial uses
Property Analytics
Location Intelligence
Current Use by Public Records
Industrial land
Similar For Sale Nearby
FAQs
What type of property is this?
Industrial land - Raw industrial land with asphalt grindings, fencing, and on-site shipping containers at a highway junction.
Where is this industrial land located?
The property is located at 24306 South Governors Highway University Park, IL.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: ±8.73 acres of raw land in unincorporated Monee, leveled with trees and stumps removed and paved with 1 ft of asphalt grindings; Triangular‑shaped parcel with ingress/egress access to/from both Cicero Ave (Hwy 50) and Governors Hwy; Currently zoned Commercial, offering potential for multiple commercial uses
