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

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 Courtesy of: Baird & Warner

Details

Updated on June 29, 2026 at 4:31 am
  • Property ID MRD12652806
  • Price $1,600,000
  • Land Area 40 Acres
  • Property Type Land
  • Property Status Active
  • Parcel Number 32353010010000
  • Water Source Well
  • Sewer Septic Tank
  • MLS Status Active
  • Days On Market 39
  • Living Area 40
  • Cumulative Days On Market 26
  • Tax Annual Amount 4976.2
  • Directions From 394 and Steger RD, go West to home on North side of Steger Rd (231st St)
  • Zoning AGRIC
  • Address 931 E Steger Road
  • City Steger
  • State/county IL
  • Zip/Postal Code 60475
  • Country United States

Overview

Property ID: MRD12652806
  • Land
  • Property Type

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