7200 W Steger Rd

Frankfort, IL 60423

$799,000
Price
217,800 / 5
Lot Size / Acres
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a view of a wooden door
a view of a lake

Description

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...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.
  1. Listed by Michael Galvan • Baird & Warner
    P: (773)-732-8843 C: (773)-732-8843 mgalvanrealestate@gmail.com; michael.galvan@bairdwarner.com

Property Details for 7200 West Steger Road

Area
Frankfort
Township
Rich
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Zoning
AGRIC
LISTING UPDATED: 03/09/2026 10:14 AM

Property Details for 7200 West Steger Road

StatusActive
MLS #12580336
Days on Market20
Taxes$918 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size5.00 AC
CountyWill County
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Location

Listing Courtesy of Baird & Warner
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Building Information for 7200 West Steger Road

Lot Size5.00 AC

Payment Calculator

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$3,954 per month

30 year fixed, 6.11% Interest

Principal and Interest

$3,878

Property Taxes

$77

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 7200 West Steger Road

General Information
School Information
  • Elementary School District: 159
  • High School District: 227
  • Middle Or Junior School District: 159
Location and General Information
  • Frontage Length: 465
  • Frontage Type: Private Road
Property Information
Interior Features
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: No
Utilities / Equipment
  • Utilities: Electricity Nearby, Natural Gas Nearby
Property/Lot Information
  • Lot Size: 5.0-5.99 Acres
  • Lot Dimensions: 465 x 465 x 465 x 465
  • Buildings on Land: No
  • Waterfront: No
  • General Information: None
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2026-03-01T19:35:43
  • Photos Count: 2
  • OpenHouse Count: 0
Miscellaneous
  • Current Use: Agricultural
  • Road Surface: Asphalt
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 7200 West Steger Road

DateEvent & SourcePriceAppreciation
Mar 1, 2026

Listed (Active)

MRED #12580336

$799,000—
DateEvent & SourcePrice
03/01/2026

Listed (Active)

MRED #12580336

$799,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 7200 West Steger Road

This home is within Frankfort Central Consolidated School District 157c.
Rating
School
Type
Grades
Distance
Grand Prairie Elementary School
Public - PK to 2
Chelsea Elementary School
Public - 3 to 5
Hickory Creek Middle School
Public - 6 to 8
Lincoln-Way East High School
Public - 9 to 12
Rating
School
Distance
Grand Prairie Elementary School
PublicPK to 2

Chelsea Elementary School
Public3 to 5

Hickory Creek Middle School
Public6 to 8

Lincoln-Way East High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 7200 West Steger Road, Frankfort, IL 60423

7200 West Steger Road is a 5 ac of land for sale in Frankfort, IL 60423. This property was listed for sale on March 1, 2026 by Baird & Warner, it's currently listed at $799,000. This listing's school districts are Frankfort Central Consolidated School District 157c, Lincoln Way Chsd 210 School District. Nearby schools include Grand Prairie Elementary School, Chelsea Elementary School and Hickory Creek Middle School. 7200 West Steger Road is a 0-bed, 0-bath, 5 ac of land on a 217,800 sq. ft. / 5 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baird & Warner

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 03/09/2026 10:14 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.