Cedarwood , IL

63 Cedar Street

Park Forest, IL 60466


A unique alternative to home ownership on 70 acres of beautifully landscaped grounds, Cedarwood Cooperative, a housing cooperative in Park Forest, Illinois, offers the convenience of maintenance-free renting with the value-added benefits of home ownership.  Better than a condo…we’re a member-owned housing cooperative!


Our co-op housing is nestled between a lush, wooden landscape and gentle rolling hills.  Our co-op provides the privacy you want, the convenience you seek and the kind of friendly neighborhood you desire just south of Chicago in Park Forest, Illinois. Our co-op is centrally located in the south Chicago suburbs providing easy access to I57, I94, I 80 and Indiana. 

Cedarwood Cooperative features 1, 2, and 3 bedroom townhomes for sale with full basements, private porches and guaranteed parking.  Cedarwood is adjacent to Sauk Trail Forest Preserve which boasts miles of pristine hiking trails. Convenient, nearby amenities include: multiple Metra Stations, expressways, shopping, local cafes, universities, authentic festivals and so much more. 

For upscale living without the upscale cost, choose Cedarwood Housing Cooperative for your next home!

Additional details



Benefits of Living in Park Forest, IL 

Park Forest is a village located south of Chicago in Cook County and Will County, Illinois, United States. As of the 2000 census, the village had a total population of 23,462. Park Forest is bordered by Olympia Fields to the north, Chicago Heights to the east, University Park to the south (formerly Park Forest South), and Richton Park and Matteson to the west.

Developers Nathan Manilow, Carroll F. Sweet and Philip M. Klutznick held a press conference in the Palmer House in Chicago on October 28, 1946 to announce the planned development of a new self-governing community in Chicago’s south suburbs. This project, soon to be referred to as Park Forest, was to be developed by American Community Builders (ACB). The Village of Park Forest was designed by Elbert Peets in the tradition of planned communities around the nation to provide housing for veterans returning from World War II.

Studs Terkel, in his oral history of World War II, “The Good War,” (Pantheon Books, NY, 1984) says Park Forest and other such middle-class suburbs grew out of the new prosperity after the War. First he quotes an unnamed GI, “The war changed our whole idea of how we wanted to live when we came back. We set our sights pretty high. . . . I am now what you’d call middle class.” Terkel goes on: “The suburb, until [about 1946], had been the exclusive domain of the ‘upper class.’ It was where the rich lived. The rest of us were neighborhood folk. At war’s end, a new kind of suburb came into being. . . . Thanks to the GI bill, two new names were added to American folksay: Levittown and Park Forest.

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