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Listings courtesy of Baird & Warner as distributed by MLS GRID.

Active - Farm for sale

Steger, IL

Facts & features

Farm Property type
104 days on Beycome
1,742,400 sqft Lot size

Why you’ll love it

  • Water view
  • Pool
  • Garage

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.

Translating description...

Listed by: Jared Gordon • Baird & Warner

Co-listed by: Baird & Warner

Source: MRED as distributed by MLS GRID, MLS#: 12652806 MRED as distributed by MLS GRID logo

Based on information as of Sep 02, 2026 at 10:19am EDT.

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Affordability

$1,040,000$2,160,000
1%20%
0%90%
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Estimated monthly payment

$8,505/mo

  • Mortgage$8,090
  • Property tax$415
  • HOA fee
  • Homeowners insurance
Due at closing$1,272,000
Down payment held in escrow$320,000
Closing costs$24,000
beycome credit Est.$32,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

Discover the neighborhood

Travel times

About Steger

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AI-generated overview for informational purposes only.
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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Based on information submitted to the MLS GRID as of Sep 02, 2026 at 10:19am EDT. 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.

$1,600,000 Listed price

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$32,000 Credit back

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