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43 Acres Farmland Development Opportunity
For Sale
$4,600,000
Pending

31132-31140 N Milwaukee Avenue, Libertyville, IL 60048

43 acres of farmland suitable for future development.

Lot Size42.97 Acres
Days on Market559

Property Features for 31132-31140 N Milwaukee Avenue

General Information

Standard status Pending
Lot size 42.97 Acres
Property subtype Land or Vacant Lot
Listing Agency: COLDWELL BANKER REALTY
Listed By: SHERYL FISHER · License #475168539
Source: Corcoran
Added: Jan 17, 2025 Changed: Jul 6 Last Checked: Jul 23 at 8:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER REALTY

Investment Insights

Based on property information with market context.

This property features 43 acres of farmland suitable for future development, a data center, or a conservation site. The land is located across from Independence Grove on Milwaukee Peterson Route 137 and has no wetlands.

Key Highlights

  • 43 acres of farmland, offering vast possibilities.
  • Potential for future development, a promising investment.
  • Suitable for a data center, capitalizing on location and space.

Property Analytics

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store HVAC Service Big Box & Wholesale Store Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

25
Businesses Nearby

Demographics for 60048, IL

29,353
Population
10,826
Households
2.7
Avg Household Size
44
Median Age
71%
College-Educated
98%
High-School Grad
28.4 sq mi
ZIP Area
1,034
Density / Sq Mi
$169,283
Median Household Income
$83,333
Median Earnings
$1,569
Median Rent
$535,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - 43 acres of farmland suitable for future development.
Where is this agricultural land / farmland located?
The property is located at 31132-31140 N Milwaukee Avenue Libertyville, IL.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: 43 acres of farmland, offering vast possibilities.; Potential for future development, a promising investment.; Suitable for a data center, capitalizing on location and space.
More about this property
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