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Commercial Land for Sale in Frankfort, Illinois

7200 W Steger Rd, Frankfort, IL 60423

$799,000
5 acres
Active
ago
Est $5,463/mo

Incredible opportunity to acquire a land parcel with tremendous upside. Located at the NEC 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.

Location

Street address
7200 W Steger Rd
Community
Frankfort
Elevation
747 feet
Coordinates
41.4718, -87.7873

Directions

Wolf rd to Steger rd. West to property. This is the hard corner at Steger and Harlem.

Property details

Acreage
5 acres
Zoning
AGRIC
MLS #
MRED 12580336
Posted

Property taxes

2023
$918

Parcels

  • 31313010190000

Details and features

Listing

Type
Farm
Franchise
Independent

Listing history

DateEventPriceChangeSource
Mar 1, 2026New listing$799,000MRED
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This 5-acre property is located at 7200 W Steger Rd in Frankfort, IL 60423. The property is available for sale for $799,000 with a price per acre of $159,800.

Checked 1 hour ago — Updated

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