University Park, IL, Real Estate

University Park, Illinois, is a vibrant village in Will County, with a population of approximately 7,000 as of the 2020 census. Originally founded as a planned community in the 1960s, it is home to Governors State University, which serves as a cultural and educational hub for the region. The village boasts a diverse community, well-maintained parks, and recreational facilities, including the Deer Creek Golf Course. University Park also offers convenient access to Chicago via the Metra commuter rail, making it an attractive location for families and professionals seeking a suburban lifestyle with urban connectivity. Its commitment to community engagement is evident through events like the annual summer festivals and local farmers' markets.

University Park currently has 25 single family homes for sale with an average list price of $232,807.96, 4 townhouses for sale with an average list price of $131,887.50, 1 condo for sale with a list price of $115,000, and 6 lots for sale with an average list price of $40,666.67. The average annual property tax for University Park is $4,889.89.

Schools

View schools in University Park

Browse University Park

Absorption Report

Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in University Park, i.e. what's hot and what's not.

See What's Hot & What's Not in University Park

Recent Sales

View recent sales in University Park

Train Stations

Station Line(s) Address
University Park Line(s): Metra Electric District (ME) 1900 University Pkwy., University Park View Commute

Train Stations

View train stations in University Park

Subdivisions

Subdivisions Median Price
No Photos

Blackhawk Woods

Blackhawk Woods is a subdivision in University Park, Illinois. It currently has no homes for sale. It is located in Will County. Blackhawk Woods is a single family home subdivision. Blackhawk Woods is located in University Park, Illinois south of University Parkway and west of Western Avenue. ... Read more
No Photos

Cityscape Townhomes

Cityscape Townhomes is a subdivision in University Park, Illinois. It currently has no homes for sale.
No Photos

Fairway Club Estates

Fairway Club Estates is a single-family home community in University Park, Illinois, built between 2007 and 2024. It currently has no homes for sale. The homes range in size from 2,430 ft2 to 4,844 ft2. The HOA fees range from $22 to $22 per month. The average annual property tax for Fairway Club Estates is $7,549.64. It is located in Will County. Fairway Club Estates is a subdivision of single family homes built starting in the early 2000s by Montalbano Builders. Fairway Club Estates is located in University Park, Illinois within the Deer Creek Golf Club east of Western Avenue and north of Crete-Monee Road. ... Read more
Median Price: $268,000
No Photos

Monterey Village

Monterey Village is a condo and townhouse community in University Park, Illinois, built between 1970 and 1974. It currently has no homes for sale. The homes range in size from 898 ft2 to 1,148 ft2. The HOA fees range from $200 to $250 per month. The average annual property tax for Monterey Village is $1,911.48. It is located in Will County. ... Read more
Median Price: $89,000
No Photos

Pine Trace

Pine Trace is a subdivision in University Park, Illinois. It currently has no homes for sale. It is located in Will County.
Show all 9 Subdivisions

Subdivisions

View subdivisions in University Park

Market Trends

View market trends in University Park

Real Estate News

Homes Just Sold in University Park: October 21st to October 27th

Homes Just Sold in University Park: October 21st to October 27th - October 28, 2025

University Park had only 1 sale during the week of Tuesday, October 21 to Monday, October 27, including and it was a condo for sale with a list price of ... continue reading
New Homes with Master Bedrooms on the 1st Floor in University Park: October 18th to October 24th

New Homes with Master Bedrooms on the 1st Floor in University Park: October 18th to October 24th - October 25, 2025

University Park had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, October 18 to Friday, October 24, and ... continue reading
New Homes For Sale This Week in University Park: October 17th to October 23rd

New Homes For Sale This Week in University Park: October 17th to October 23rd - October 24, 2025

University Park had 2 new homes for sale during the week of Friday, October 17 to Thursday, October 23, including including 2 single family homes for sale with an average ... continue reading
Homes Just Sold in University Park: October 14th to October 20th

Homes Just Sold in University Park: October 14th to October 20th - October 21, 2025

University Park had only 1 sale during the week of Tuesday, October 14 to Monday, October 20, including and it was a single family home for sale with a list ... continue reading
New Homes with Master Bedrooms on the 1st Floor in University Park: October 11th to October 17th

New Homes with Master Bedrooms on the 1st Floor in University Park: October 11th to October 17th - October 18, 2025

University Park had 2 new homes for sale with a master bedroom on the first floor during the month of Saturday, October 11 to Friday, October 17, including 2 ... continue reading
View More University Park News

Real Estate News

View More University Park News

Sold Homes

We have helped thousands of families buy and sell homes!

HomesByMarco agents are experts in the area. If you're looking to buy or sell a home, give us a call today at 888-326-2726.