931 E Steger Rd Chicago Heights, IL 60475
Estimated payment $9,007/month
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,976
Lot Details
- 40 Acre Lot
- Lot Dimensions are 1325x1268x1321x1289
- Property fronts a county road
- Property is zoned AGRIC
Farming
- Farm
Utilities
- Electricity To Lot Line
- Well
- Septic Tank
Listing and Financial Details
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/21/2026 05/21/26 | For Sale | $1,600,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12652806
- 22850 Torrence Ave
- 23115 S Hidden Lake Trail
- 22618 Plum Creek Dr
- 22704 Theodore Ave
- 22499 Yates Ave
- 2941 225th Place
- 2825 224th Place
- 2924 224th Place
- 22339 Strassburg Ave
- 22408 Strassburg Ave
- 2426 223rd St
- 2912 223rd Place
- 1763 225th Place
- 22526 Jeffrey Ave
- 2525 223rd St
- 2837 E 223rd St
- 22929 Burnham Ave
- 22311 Clyde Ave
- 2422 222nd St
- 2402 Apache Ave
- 22445 Theisen Ave
- 22340 Chappel Ave
- 2236 220th St
- 3660-3700 Eagle Nest Dr
- 2610 Marigold Dr
- 21801 Peterson Ave
- 2041 E Gaisor Dr
- 21644 Gailine Ave
- 21538 Gailine Ave
- 1317 Seeley Ave
- 1028 Harrison Ave
- 1864 Westridge Dr
- 3726 Union Ave
- 3135 Chicago Rd Unit 2ND
- 3333 Commercial Ave Unit 1
- 2520 Cedar Glen Dr N Unit 10
- 20126 Ash Ln
- 20078 Monterey Ave
- 1411-1427 Shields Ave Unit A
- 20067 Orchard Ave
Ask me questions while you tour the home.