±11.57 AC Land Development Opportunity | OZ | SBA HUBZone Incentives

22560 Miller Road and 22505 State Street Steger, IL 60475

22560 Miller Road and 22505 State Street, Steger, IL, 60475
22560 Miller Road and 22505 State Street, Steger, IL, 60475 22560 Miller Road and 22505 State Street, Steger, IL, 60475 22560 Miller Road and 22505 State Street, Steger, IL, 60475 22560 Miller Road and 22505 State Street, Steger, IL, 60475 22560 Miller Road and 22505 State Street, Steger, IL, 60475 22560 Miller Road and 22505 State Street, Steger, IL, 60475
FOR SALE FOR LEASE
Property Type:
Residential Land Development
Amount:
$1,150,000
Last Verified:
Dec 12, 2025

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Highlights


Description

SVN Chicago Commercial is pleased to exclusively represent this expansive ±11.57-acre land site with 150' of frontage on State Street in Steger, Illinois. The property offers multiple possibilities for development, including residential or industrial. It currently features a 30'x40' pole barn with 14' ceilings and a 14'x14' drive-in door, providing ample space for storage or manufacturing operations. Additionally, a 30'x45' hoop house is included on the site, catering to agricultural, horticultural, or cannabis pursuits. Bloom Township, Opportunity Zone, and SBA HubZone incentives apply.

SVN Chicago Commercial is pleased to exclusively represent this expansive ±11.57-acre land site with 150' of frontage on State Street in Steger, Illinois. The land is available for lease. Features a 30'x40' pole barn with 14' ceilings and a 14'x14' drive-in door, providing ample space for parking and storage operations. Additionally, a 30'x45' hoop house is included on the site. Special use permit zoning required.

Discover the charm of Steger, IL, a quaint suburban community located just 35 miles south of downtown Chicago. Nestled in a peaceful and picturesque setting, the area offers a blend of small-town serenity and easy access to urban amenities. The property is within close proximity to the historic Downtown Steger area, offering a variety of local cafes, shops, and parks. Nature enthusiasts will enjoy the nearby Plum Creek Nature Center and Sauk Trail Woods, providing opportunities for outdoor activities and exploration. With its convenient location and serene surroundings, the area presents an enticing opportunity for land and residential investors seeking a promising investment in a thriving community.

Lot Size: 11.57 acres


Documents

SVN - Sale Brochure
SVN - Lease Brochure

Units for Lease

Unit
Space Available: 43560 SF
Lease Type: Gross

Price Per Sqft/Month: $3000.00

Map of 22560 Miller Road and 22505 State Street, Steger, IL, 60475

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.