$1,600,000

931 E Steger Road, Steger, IL 60475

  • Property Icon Ranch Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon40acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Attention developers, builders, and investors - this is an extraordinary opportunity to acquire 40 acres in a rapidly growing area surrounded by established residential neighborhoods and strong existing infrastructure. With frontage along Steger Road and access points near Cottage Grove Ave and 229th Street, this property offers tremendous potential for a future residential subdivision, luxury estate community, mixed-use development, or planned residential expansion. **NO TRESSPASSING - DO NOT ENTER PROPERTY WITHOUT PERMISSION** The site features a rare combination of open farmland, mature wooded acreage, and a stunning stocked pond that could become the centerpiece of a truly one-of-a-kind community design. Scenic water views, rolling natural landscapes, and heavily wooded surroundings create the ideal setting for premium homesites and an upscale residential environment buyers are seeking today. Currently improved with a 2-bedroom, 1.5-bath main residence, separate 1-bedroom guest/annexe house, 3-car garage, workshop, greenhouse, inground pool, and a 56' x 30' pole barn with electric and water, the property provides immediate utility while planning future development. Existing trails, recreational land, and natural buffers further enhance the uniqueness and marketability of the site. Located among existing subdivisions yet offering unmatched privacy and scale, this property presents exceptional long-term upside for developers looking to capitalize on continued residential growth in the area. Potential opportunities include luxury single-family development, estate lots, conservation-style subdivision design, equestrian community concepts, or a signature residential enclave centered around the pond and wooded landscape. Large contiguous parcels with this level of natural beauty, accessibility, and development flexibility are becoming increasingly rare. A premier investment opportunity with endless possibilities for visionary development.

Listing Status:
Active
Data Last Updated:
July 5, 2026 at 7:19AM
Listing Office:
Baird & Warner : 708-927-8460
Listing Agent:
Jared Gordon : 708-927-8460
MLS ID:
12652806
  • Parking: Parking spaces: 0
  • Road/Access: AsphaltPavedCity StreetCounty Road
  • Originating MLS: mred
  • School District: 194
  • County: Cook
  • Zoning: AGRIC32353010010000
  • Current Use: AgriculturalEstateResidentialSingle Family
  • Utilities: Electric to SiteNatural Gas AvailableSewer NearbyWater Nearby
  • Water: Well
  • Sewer: Septic Tank
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Jared Gordon , Baird & Warner

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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