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Prime Land in Downtown Libertyville

226 W Maple Ave, Libertyville, IL 60048

For Sale
$2,399,000

Land suitable for multifamily development in downtown Libertyville.

Property SizeContact for details
Days on Market365

Property Features for 226 W Maple Ave

General Information

Standard status Active
Property subtype Land/Lot
Listing Agency: Compass
Listed By: Cory Green
Source: Illianahomesource
Added: Nov 10, 2025 Changed: Nov 7 Last Checked: Nov 8 at 6:41AM

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 Compass

Rey
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Investment Insights

Based on property information with market context.

This property represents an opportunity to acquire land in downtown Libertyville, Illinois. It is suited for a multifamily community development. The site allows for a master-planned project featuring townhomes, condominiums, or apartments. The location provides proximity to restaurants, shopping, Metra access, and community amenities. The property offers flexibility in design, density, and unit mix, allowing a developer to tailor the project to current market demand.

Key Highlights

  • Prime downtown Libertyville location, ideal for a multifamily community.
  • Strong local demand for luxury townhomes, condominiums, or apartments.
  • Walkable access to restaurants, shopping, Metra, and community amenities.**

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Catering Service Home Appliance Store Daycare Center Garden Center

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

789
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Land suitable for multifamily development in downtown Libertyville.
Where is this residential land & home lot located?
The property is located at 226 W Maple Ave Libertyville, IL.
What is the asking price?
The asking price for this property is $2,399,000.
What are key features of this property?
This property features: Prime downtown Libertyville location, ideal for a multifamily community.; Strong local demand for luxury townhomes, condominiums, or apartments.; Walkable access to restaurants, shopping, Metra, and community amenities.**
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