Park Place on the Green

Independent Assessment

Multiple independent secondary directories (55places, Homes by Marco, activeadultliving.com) consistently corroborate Park Place on the Green's core facts -- Colony Builders as developer, the 1999-2004 construction window, the 76-townhome count, gated status, and the stocked fishing pond. One source specifies the age-qualification rule precisely (one occupant per unit must be at least 55), which is treated as a reasonably confirming signal for a community of this type, though the recorded plat restriction or HOA declaration was not independently reviewed. An official community or HOA-operated website for Park Place on the Green independent of secondary real-estate aggregators was not located.

Who May Find This Community Appealing

Budget-conscious buyers wanting a small, gated, low-maintenance 55+ townhome community with a genuinely distinctive amenity -- a stocked fishing pond with a pier -- and relatively affordable reported pricing for Will County will find Park Place on the Green appealing.

Homes, Builders & Development History

Colony Builders developed Park Place on the Green between 1999 and 2004, delivering 76 townhomes ranging from 917 to 1,350 square feet within a gated, fenced community in Crest Hill.

Current Pricing & Market Positioning

Current closed-sale pricing at Park Place on the Green has not been independently verified. One secondary source reported homes averaging around $226,694 as of the last update. Buyers should request current comparable sales from a local agent familiar with the Crest Hill market.

New Construction vs. Resale Considerations

With construction completed by approximately 2004 and no new-construction inventory found, Park Place on the Green operates entirely as a resale market. Buyers should budget for a full independent home inspection reflecting each home's age and confirm the current condition of shared building systems for these attached townhome units.

Taxes, Insurance & Special Assessments

Homes at Park Place on the Green are subject to City of Crest Hill and Will County property tax administration. The association's master insurance coverage, reserve-fund health, and any special-assessment history were not independently confirmed; buyers should request the association's current financials and reserve study before purchasing, and confirm current Illinois senior property-tax exemption eligibility with the Will County Supervisor of Assessments.

Community Layout & Lifestyle

Park Place on the Green offers a quieter, smaller-scale lifestyle, centered on its landscaped grounds, a walking trail suited for a brisk walk or jog, and the community's signature stocked fishing pond with a pier. No evidence of an organized activities calendar, resident clubs, or a dedicated clubhouse was found.

Shopping, Healthcare & Airport Access

Park Place on the Green is located near the intersection of Cedarwood Drive and Ingalls Avenue in Crest Hill, Will County, reported to be approximately 50 minutes southwest of downtown Chicago and 33 minutes south of Naperville.

Age Qualification & Material Ownership Restrictions

Park Place on the Green is consistently described by secondary directories as a 55+ community, with at least one source specifying that one occupant of each unit must be at least 55 years old. The recorded plat restriction or HOA declaration confirming the exact legal age-restriction language was not independently reviewed; buyers should confirm current age-verification requirements directly with the HOA before purchasing.

Tradeoffs & Limitations

Park Place on the Green is small (76 homes) and does not offer the scale of amenities or clubhouse found at larger communities like Carillon or Grand Haven; no evidence of a dedicated community clubhouse was found, only landscaped grounds, a walking trail, and the fishing pond. Current exact HOA fees, current closed-sale pricing, and the community's reserve-fund health also remain unconfirmed; buyers should verify all three directly with the HOA.

Comparison With Nearby Communities

Within Crest Hill, Park Place on the Green is significantly smaller (76 homes) and more affordably priced than Carillon Lakes, another community in the same town (roughly 1,113 homes, developed by the unrelated Cambridge Homes under the 'Carillon' brand name), and lacks Carillon Lakes' large dedicated clubhouse.

Current Listings

Secondary marketplaces (55places, Homes by Marco) list current available resale homes; a connected local agent can provide current pricing and availability.

How many homes are in Park Place on the Green?

76 townhomes, built by Colony Builders between 1999 and 2004.

What is the signature amenity at Park Place on the Green?

A stocked fishing pond with a pier, within a gated, fenced, landscaped community.

Does Park Place on the Green have a clubhouse?

No evidence of a dedicated community clubhouse was found; the community's amenities center on its grounds, walking trail, and fishing pond.

What are the HOA fees at Park Place on the Green?

Reported at approximately $145-$247 per month; buyers should confirm the current exact fee with the HOA.

Is Park Place on the Green age-restricted?

Yes, it is consistently described as a 55+ community by secondary directories, with at least one occupant per unit required to be 55 or older; buyers should confirm current exact terms with the HOA.