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Prime Land in Downtown Libertyville
For Sale
$2,399,000

226 W Maple Ave, Libertyville, IL 60048

Land suitable for multifamily development in downtown Libertyville.

Property SizeContact for details
Days on Market275

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: Dec 23, 2025 Changed: Sep 19 Last Checked: Sep 22 at 5:42PM

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

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

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Current Use

Residential land & home ...

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.**
More about this property
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