Incredible opportunity to acquire a land parcel with tremendous upside. Located at the NEC of Steger and Harlem, this offering will bring 450 ft of frontage on both Harlem Ave and Steger Rd. The seller is flexible if different dimensions are desired and the seller will subdivide the parcel accordingly. Currently the parcel is part of a much larger parcel. Please refer to the PIN and the Tax Map for additional details. A conceptual site plan can be found under "additional information". Currently the comprehensive master plan for the village of Frankfort calls for future use to be light industrial. Potential uses for this parcel could include gas station, car wash, truck repair, warehousing, just to name a few.
New
$799,000
7200 W Steger Rd, Frankfort, IL 60423
--beds
--baths
5Acres
Unimproved Land, Farm
Built in ----
5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 2 hours |
- 30 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: 10 hours ago
Listing courtesy of:
Michael Galvan 773-732-8843,
Baird & Warner
Source: MRED as distributed by MLS GRID,MLS#: 12580336
Facts & features
Property
Features
- Frontage length: 465
Lot
- Size: 5 Acres
- Dimensions: 465 x 465 x 465 x 465
Details
- Parcel number: 31313010190000
- Zoning: AGRIC
- Special conditions: None
Utilities & green energy
- Utilities for property: Electricity Nearby, Natural Gas Nearby
Community & HOA
Location
- Region: Frankfort
Financial & listing details
- Annual tax amount: $918
- Date on market: 3/1/2026
- Ownership: Fee Simple
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/1/2026 | Listed for sale | $799,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 60423
Nearby schools
GreatSchools rating
- 5/10Peotone Intermediate CenterGrades: 4-5Distance: 4 mi
- 9/10Peotone Jr High SchoolGrades: 6-8Distance: 9.7 mi
- 6/10Peotone High SchoolGrades: 9-12Distance: 9.3 mi
Schools provided by the listing agent
- District: 159
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




