931 E Steger Road — Steger, IL 60475
Active
Steger, IL 60475

931 E Steger Road

$1,600,000
0 beds · 0 baths
Listed at $1,600,000 26 days on market $4,976/yr taxes
01About this home

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.

02Inside the home
03By the numbers
$1,600,000
List price
Square feet
Bedrooms
Bathrooms
Year built
40.00 ac
Lot size
Garage spaces
$4,976
Annual taxes
Land
Style
26
Days on market
04Features
Sewer
Septic Tank
05Neighborhood
  • Dairy Queen 0.4 mi
  • Burger King 0.7 mi
  • McDonald's 0.8 mi
  • Culver's 0.9 mi
  • Taco Bell 1.0 mi
  • Circle K 0.8 mi
  • BP Shop 1.2 mi
  • Gas N Wash 1.5 mi
  • Lincolnshire Park 0.3 mi
  • Swiss Valley Park 0.7 mi
  • Garret Park 1.1 mi
  • Lions Park 1.5 mi
  • Starbucks 1.0 mi
  • Dunkin' 1.5 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

May 27, 2026
Listed for sale
Baird & Warner · 26 days on market
$1,600,000
May 21, 2026
Listed for saleThis listing
Baird & Warner
$1,600,000
May 21, 2026
Listed for sale
Baird & Warner
$1,600,000
Sourced from MRED. Older events appear here as our history backfill completes.
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09Similar homes
Listed by Baird & Warner · Jared Gordon · 708-927-8460
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12652806
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