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7659 W Steger Rd , Frankfort, IL 60423
$750,000
Est. Payment: $4,024.10/mo
8.94 Acres
Status: active | Days on site: 7
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25686 - 247948,225322
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House Description

Rare 8.94 acre property offering an ideal combination of private yard space, a 3,200 SF outbuilding, tillable acreage, and woods in a convenient location outside the Village of Frankfort on Steger Road. The property is improved with a 40' 80' FBI outbuilding providing immediate utility for contractors, trades, equipment storage, and more. The property has long served as a local hardscaping contractor yard, making it particularly attractive to users seeking private acreage with an outbuilding in the Frankfort area. A significant portion of the property consists of tillable/buildable acreage, offering flexibility for continued farming or future development. Toward the rear of the property, mature woods and a creek create a private recreational component that adds character and separation without diminishing the usability of the primary development area. The site's combination of existing improvements, buildable open land, wooded privacy and deep boundaries also creates a compelling opportunity for a luxury estate, equestrian-style property, hobby farm or private compound. Frankfort's Future Land Use Map identifies the property for single-family detached residential use. Located in unincorporated Will County immediately adjacent to the Village of Frankfort, the property offers a rare balance of acreage and versatility while remaining close to the amenities, schools and I-80.

Highlights

Listed by Mike Waseen , 630-360-1196 and Shamus Conneely , (773) 814-3378 john greene Commercial , 630-229-2290. Midwest Real Estate Data mls logo

Property Type

Vacant Land

Lot/Acreage
8.94

County

Will

Area

Frankfort

School District

157C

Listing ID

12750700

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Interior Features

Exterior Features

Lot Dimensions:319.9'x1170.3'x321.2'x1175'
Garage Capacity:0
Principal Interest
$4,024
Taxes
$67

Home Price

$750,000

Loan Details

30 yrs
7.08%

Down Payment

20%
$150,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,024.10

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,024.10 $67.17 $0.00 $4,091.27
Yearly $48,289.24 $806.00 $0.00 $49,095.24
Total $1,448,677.25 $24,180.00 $0.00 $1,472,857.25
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Market insight data is pulled from the same city as the listing being viewed (Frankfort, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. 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. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T02:55:04.000Z

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