Incredible opportunity to acquire a land parcel with tremendous upside. Located at the SEC 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.
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Zillow last checked:
Listed by:
Michael Galvan773-732-8843,
Baird & Warner
Source: MRED as distributed by MLS GRID,MLS#: 12664013
Facts & features
Property
Features
Frontage length: 465
Lot
Size: 5 Acres
Dimensions: 465 x 465 x 465 x 465
Details
Parcel number: 3131301019000000
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
Ownership: Fee Simple
Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/1/2026
Listing removed
$799,000
Source: MRED as distributed by MLS GRID #12580336Report a problem
3/1/2026
Listed for sale
$799,000
Source: MRED as distributed by MLS GRID #12580336Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
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.