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Listing provided courtesy of Baird & WarnerMREDas Distributed by MLSGrid- MLS# 12664013MLS Provider

7200 W Steger RoadFrankfort, IL 60423

Single Family · 5.00 Acres
$749,000 Active

7200 W Steger Road Overview

Time on Site:
28 days
Visits:
0

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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7200 W Steger Road Facts & Features

  • Type Single Family
  • Lot 5.00 Acres

Details

General

School Information

  • School District: 227

Business Information

  • Current Use: Agricultural

Location/Region

  • County Or Parish: Will
  • MLS Area Major: Frankfort
  • Township: Rich

Tax Information

  • Tax Annual Amount: $918.00
  • Tax Year: 2023

General Information

  • Ownership: Fee Simple
  • Parcel Number: 3131301019000000
  • Property Type: Farm
  • Special Listing Conditions: None
  • Zoning: AGRIC

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Frontage Length: 465
  • Frontage Type: Private Road
  • Lot Size Acres: 5
  • Lot Size Dimensions: 465 x 465 x 465 x 465
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electricity Nearby,Natural Gas Nearby

7200 W Steger Road Neighborhood

Community

60423 (FRANKFORT) Demographics

43
Median Age
859
Population Density (per sq. mile)
54%
College Educated
$118,856
Estimated Median Income
9,728
Estimated Total Home Owners
750
Estimated Total Renters
93% / 7%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7200 W Steger Road Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7200 W Steger Road Market Data

Based on the last 30 days in this zip code

$656,031
Average List Price
$237
Average Price per Square Foot
40
Properties Sold
55
Average Days on Market
110
Properties for Sale
Calculations provided by Reliance Network

7200 W Steger Road History

Date Event Value Agent
6/6/2026Source: MRED Status Change
Active
6/1/2026Source: MRED Added to Database
June 01, 2026