Welcome to the Park Forest Cooperative IV Area E website. We offer affordable housing in the south suburbs. Our website will provide important, helpful information and news pertaining to the Cooperative along with documents to download.

Park Forest Cooperative IV Area E, a not-for-profit corporation, was established in 1964. Our Cooperative is comprised of 402, two-story townhomes in Park Forest, Illinois. Our townhomes are located on approximately 41 acres of grounds and 21 miles of sidewalks with abundant greenspace.

By becoming a Member of the Cooperative, you own a share in the corporation. Our Cooperative is guided by a Board of Directors, who are all Members of the Cooperative. The policies and procedures of our Cooperative are carried out by a team consisting of a Property Manager, Maintenance Supervisor, an office staff, and maintenance staff.Our Cooperative has 2 and 3 bedroom units which the Members purchase and have the opportunity to make upgrades for an improved resale value. Our units consist of interior, end, duplex, side-drive, and carport units. After initially purchasing a unit, the Member will pay a monthly carrying charge for maintenance, taxes, and interest in the Cooperative. A portion of your investment is tax deductible.

As a Cooperative Member/Shareholder, you have the added convenience of maintenance personnel to service standard maintenance problems. Our Cooperative offers many cost-share programs for our Members to make improvements along with providing many improvements to every unit through on-going upgrade projects.