931 E Steger Road Steger, IL $ 1,600,000
931 E Steger Road
$ 1,600,000
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931 E Steger Road

Steger, IL, 60475
$ 1,600,000
Baths0.0

Monthly Estimate*

$ 9,851

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Studio

Farms/Ranches for sale in Steger, IL

for $1,600,000. The lot size is 40.

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.

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Farms/Ranches Active

Price

$ 1,600,000

Bedrooms

Studio

Property Type

Farms/Ranches

Taxes

$ 4,976

Style

Agricultural,Estate,Residential,Single Family

Lot Size

40

Town/City

Steger

County/Region

Cook

MLS | Web ID

12652806

Features
General
Sewer Septic Tank
Utilities Electric to Site Natural Gas Available Sewer Nearby Water Nearby
Possession Closing
Zoning AGRIC
Township Bloom
Tax Year 2024
Current Use Agricultural Estate Residential Single Family
Ownership Fee Simple
County Cook
Property Type Farm Land
Possible Use Agricultural Commercial Estate Development Residential Multi-Family
Status Active
Directions From 394 and Steger RD go West to home on North side of Steger Rd (231st St)
City Steger
High School District 206
MLS Area Steger
Tax Annual Amount 4976.2
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 194
Elementary School District 194
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Exterior
Water Source Well
Total Parking 0
Lot Dimensions 1325x1268x1321x1289
Lot Size Acres 40
Road Surface Type Asphalt
Frontage Length 1325
Frontage Type City Street County Road Paved
Waterfront Y/N N
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Interior
Total Baths 0
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* Excluded Features
List By
Baird & Warner

Broker

jared@jaredgordonrealtor.com

Email

Affordability Calculator

$10,266
Per Month
96%
4%
0%
Monthly Principal & Interest
$9,851
Monthly Property Taxes
$415
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
564921 Elementary School
564614 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/21/2026$1,600,000 Listed Price

Map


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931 E Steger Road, Steger, IL, 60475 is a Farms/Ranches for sale at $1,600,000 with a lot size of 40. 931 E Steger Road is a studio with 0.0 baths. The property's zip code is 60475 which is in Steger, IL