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$1,600,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 931 E Steger Rd
General
- Price: $1,600,000
- Taxes: $4,976 (2024)
- Status: Active
- Type: Farm
- Source: MRED
- MLS ID: 12652806
- Updated: 5/21/2026
- Added to Site: 1 day(s) ago
Additional Information
- Other Features: School Bus Service, Interstate Access
Location
- Area: Steger
- County: Cook
- Township: Bloom
- Driving Directions: From 394 and Steger RD, go West to home on North side of Steger Rd (231st St)
School Information
- School District: 194
- Elem School District: 194
- Midd School District: 194
- High School District: 206
Utilities
- Sewer: Septic Tank
- Water: Well
- Onsite: Electricity to Site, Natural Gas Available, Sewer Nearby, Water Nearby
Structural Information
- Square Feet: 40
- Current Bldg. Use: Agricultural, Estate, Residential, Single Family
Lot Features
- Lot Size (Acres): 40
- Lot Size Range: 25.0 to 99.99 Acres
- Lot Dimensions: 1325 x 1268 x 1321 x 1289
- Frontage: City Street, County Road, Paved
- Frontage Feet: 1325
- Street/Road Desc.: Asphalt
- Land Use: Yes
- Potential Use: Agricultural, Commercial, Estate, Development, Residential, Multi-Family
- Zoning: AGRIC
- Lot Description: Horses Allowed, Level, Pond/Lake
Farm Information
- Farm: Yes
Financial Considerations
- Tax Amount: $4,976.2
- Tax Year: 2024
- Pays Sewer: Septic Tank
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 32353010010000
Listed by Baird & Warner
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Schools
Schools serving 931 E Steger Rd
School Districts:Steger School District 194, Bloom Township High School District 206
| Name | Grades | Distance |
|---|---|---|
Steger Intermediate Center 3411 Hopkins Street, Steger, IL 60475 | 2-4 | 1.7 mi |
Steger Primary Center 3411 Miller Avenue, South Chicago Heights, IL 60411 | PK-1 | 2.5 mi |
Columbia Central School 94 West Richton Road, Steger, IL 60475 | 5-8 | 2.5 mi |
Bloom Trail High School 22331 Cottage Grove Avenue, Chicago Heights, IL 60411 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
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Want to learn more about 931 E Steger Road? Do you have questions about finding other Farm real estate for sale in Steger? You can browse all Steger real estate or contact a Coldwell Banker agent to request more information.

