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Property profile & analytics
FOR SALE
Land

5552 W Steger Rd Monee, IL 60449

9.45 ac lot
Property ID
US28-0950307
5552 W Steger Rd, Monee, IL 60449 For Sale
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5552 W Steger Rd, Monee, IL 60449
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 9.45 ac (411,642 SF)
UPID US28-0950307
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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