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    5552 W Steger Rd Richton Park, IL 60449

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    For Sale
    Contact for pricing

    9-acre commercial land parcel in Richton Park, Illinois.

    Property size:
    9 SF
    Lot size:
    9.45 Acres

    Property Features for 5552 W Steger Rd

    General Information

    Size
    9 SF
    Lot size
    9.45 Acres

    Source: Carole Caveney Agent Carole Caveney

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land Near Fortune 500s

    This 9-acre commercial land parcel is located in Richton Park, Illinois. The property is situated across from multiple Fortune 500 companies, including Amazon, Georgia-Pacific, Smucker’s, Hankook, Federal Signal, DOT, Clorox, Solo Cup, and XPO Logistics.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richton Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.7372891
    Latitude
    41.4699463

    Nearby Similar for Sale

    • $385,000
      8,467 SF

      Richton Park Retail Investment

      8,467 SF Multi-Tenant Retail Building
      3911 Sauk Trl, Richton Park, IL 60471
      View Details

    FAQs

    What type of property is this?
    Land - 9-acre commercial land parcel in Richton Park, Illinois.
    Where is this land located?
    The property is located at 5552 W Steger Rd Richton Park, IL.
    What are key features of this property?
    This property features: - Across from multiple Fortune 500 companies.; - Proximity to Amazon.; - Proximity to Georgia-Pacific.
    (708) 903-4660
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5552 W Steger Rd Richton Park, IL 60449
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