5552 W Steger Rd Monee, IL 60449
For Sale
This exceptional 9.45-acre commercial land parcel presents a unique investment opportunity in Will County, Illinois. Strategically located at 5552 W Steger Rd, Richton Park, zip code 60449, the property boasts convenient access to I-57 via a four-way interchange. Its R-4 zoning allows for diverse development options, including single-family, multi-family residential, and industrial/trucking uses. The site's significant advantage lies in its proximity to numerous Fortune 500 companies, such as Amazon, Georgia-Pacific, Smucker's, Hankook, Federal Signal, Dot, Clorox, Solo Cup, and XPO Logistics. This prime location offers excellent visibility and accessibility for businesses. Furthermore, the property presents the potential for annexation to either Richton Park or University Park, providing additional development flexibility and potential benefits. The latitude and longitude coordinates are 41.4704414 and -87.7478454 respectively. This is a rare opportunity to acquire a large, well-located parcel with significant development potential in a thriving industrial and commercial corridor. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.