Libertyville, IL
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    Libertyville, IL Commercial Land for Sale

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    Vernon Hills, IL Mundelein, IL Lake Forest, IL
    Land in Downtown Libertyville
    $150,000

    Land in Downtown Libertyville

    E Sunnyside Avenue, Libertyville, IL 60048

    Platted lot near bike path, train, and amenities.

    • Downtown Libertyville location
    • Walking distance to restaurants, stores, and commuter train
    • Backs up to the North Shore bike path
    • Platted lot of record
    • Natural Gas Available
    Updated: Mar 3
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    Prime Libertyville Redevelopment Opportunity
    $1,995,000
    0.82 Acres

    Prime Libertyville Redevelopment Opportunity

    426 S Milwaukee Avenue, Libertyville, IL 60048

    35,542 SF end cap parcel in Libertyville, Illinois.

    • Prime 35,542 sqft end cap parcel at a high‑traffic intersection.
    • Exceptional visibility with over 24,000 vehicles passing daily.
    • Strong demographics: $140,000 median household income within one mile.
    • Zoned for commercial use with 45‑foot allowable building height, suitable for mixed‑use, apartments, or office suites.
    • Development‑friendly Village of Libertyville eager to collaborate.
    Updated: Nov 5, 2025
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    Prime Libertyville Land Parcel
    $1,500,000
    1.50 Acres

    Prime Libertyville Land Parcel

    1.5-acre parcel on Milwaukee Avenue, ideal for development.

    1470 N Milwaukee Avenue, Libertyville, IL 60048
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    Prime Libertyville Redevelopment Opportunity
    $1,995,000
    35,542 SF

    Prime Libertyville Redevelopment Opportunity

    High-visibility commercial land in Libertyville with redevelopment potential.

    426 S Milwaukee Avenue, Libertyville, IL 60048
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    Libertyville Commercial Land For Sale
    Contact for pricing
    2.11 Acres

    Libertyville Commercial Land For Sale

    Commercial land with frontage on Rt 45 near Metra.

    31366 N US Hwy 45, Libertyville, IL
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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 5 Active listings in Libertyville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Vernon Hills Commercial Land Available
    $996,304
    1.50 Acres

    Vernon Hills Commercial Land Available

    Commercial land with flexible development options in high-traffic area.

    1760 N Milwaukee Ave, Vernon Hills, IL
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    Commercial Land on Route 120
    $2,000,000

    Commercial Land on Route 120

    Commercial land available at the intersection of Route 45 and 120.

    18451 W Il Route 120, Grayslake, IL 60030
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    Prime Retail Land For Sale
    $2,133,499
    6.10 Acres

    Prime Retail Land For Sale

    Commercial land with high visibility and flexible development options.

    1820 N Milwaukee Ave, Vernon Hills, IL
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    Grayslake Pad Ready Land
    Contact for pricing
    0.70 Acres

    Grayslake Pad Ready Land

    30,500 square feet of general business zoned land.

    1886 E Belvidere Rd, Grayslake, IL
    View details

    Off-Market Properties in Libertyville, IL

    Consider similar Off-Market properties in Libertyville, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    14010 Rockland Rd

    14010 Rockland Rd

    VACANT COMMERCIAL LAND • 1.14 Acres
    Value Estimation by Request
    14010 Rockland Rd, Libertyville, IL 60048-9706
    View details
    614 Milwaukee Ave

    614 Milwaukee Ave

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    614 Milwaukee Ave, Libertyville, IL 60048-1912
    View details
    430 Milwaukee Ave

    430 Milwaukee Ave

    VACANT COMMERCIAL LAND • 0.05 Acres
    Value Estimation
    $1,000,000
    430 Milwaukee Ave, Libertyville, IL 60048-2248
    View details
    900 Technology Way, Unit 100

    900 Technology Way, Unit 100

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    900 Technology Way, Libertyville, IL 60048-5364
    View details
    Milwaukee Ave

    Milwaukee Ave

    VACANT COMMERCIAL LAND • 4.26 Acres
    Value Estimation
    $8,645,000
    Milwaukee Ave, Libertyville, IL 60048
    View details
    School St

    School St

    VACANT COMMERCIAL LAND
    Value Estimation
    $1,000,000
    School St, Libertyville, IL 60048
    View details
    113 School St

    113 School St

    VACANT COMMERCIAL LAND • 0.06 Acres
    Value Estimation
    $1,085,000
    113 School St, Libertyville, IL 60048-2026
    View details
    Technology Way

    Technology Way

    VACANT COMMERCIAL LAND • 0.01 Acres
    Value Estimation by Request
    Technology Way, Libertyville, IL 60048
    View details
    1410 Milwaukee Ave

    1410 Milwaukee Ave

    VACANT COMMERCIAL LAND • 0.05 Acres
    Value Estimation by Request
    1410 Milwaukee Ave, Libertyville, IL 60048-1311
    View details
    513 Nn Ave

    513 Nn Ave

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    513 Nn Ave, Libertyville, IL 60048-2024
    View details
    145 Golf Rd

    145 Golf Rd

    VACANT COMMERCIAL LAND • 0.51 Acres
    Value Estimation
    $17,175,000
    145 Golf Rd, Libertyville, IL 60048-3213
    View details
    118 Church St

    118 Church St

    VACANT COMMERCIAL LAND
    Value Estimation
    $1,800,000
    118 Church St, Libertyville, IL 60048-2218
    View details
    1761 Milwaukee Ave

    1761 Milwaukee Ave

    VACANT COMMERCIAL LAND
    Value Estimation
    $1,610,000
    1761 Milwaukee Ave, Libertyville, IL 60048-1316
    View details
    175 Peterson Rd

    175 Peterson Rd

    VACANT COMMERCIAL LAND • 0.10 Acres
    Value Estimation by Request
    175 Peterson Rd, Libertyville, IL 60048-1044
    View details
    211 Milwaukee Ave

    211 Milwaukee Ave

    VACANT COMMERCIAL LAND
    Value Estimation
    $1,290,000
    211 Milwaukee Ave, Libertyville, IL 60048-2874
    View details
    780 Park Ave

    780 Park Ave

    VACANT COMMERCIAL LAND • 0.64 Acres
    Value Estimation
    $5,890,000
    780 Park Ave, Libertyville, IL 60048-2907
    View details
    Milwaukee Ave

    Milwaukee Ave

    VACANT COMMERCIAL LAND • 0.94 Acres
    Value Estimation by Request
    Milwaukee Ave, Libertyville, IL 60048
    View details
    79 Park Pl

    79 Park Pl

    VACANT COMMERCIAL LAND • 0.29 Acres
    Value Estimation
    $1,015,000
    79 Park Pl, Libertyville, IL 60048
    View details
    Milwaukee Ave

    Milwaukee Ave

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    Milwaukee Ave, Libertyville, IL 60048
    View details

    Libertyville, IL Commercial Land Investment Opportunities Market Analysis

    Explore 72 commercial land for sale in Libertyville, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 35,542 square feet of properties for sale, with an estimated market value of $1,995,000.

    Sale prices for commercial lots in Libertyville, IL start at $1,995,000, averaging $1,995,000, and reaching up to $1,995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial land 6
    Agricultural land / Farmland 1

    Demographics Overview

    Population 29K
    Population Growth (5Y) -0.4%
    Median Household Income $169,283
    College Educated 50.7%

    High-Yield Neighborhoods for Strategic Investment

    Identify Libertyville submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60048 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 7.69%
    Property Tax per SF $91.39 per sq ft
    Average Loan-to-Value 65.0%

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