Downtown Libertyville Land for
For Sale
$2,399,000
332 Brainerd Avenue, Libertyville, IL 60048
Prime land for multifamily development in downtown Libertyville, Illinois.
Property SizeContact for details
Lot Size0.24 Acres
Days on Market227
Property Features for 332 Brainerd Avenue
General Information
Standard status
Active
Lot size
0.24 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$22,575
Listing Agency:
COMPASS
(847) 416-0446
Listed By:
CORY GREEN
Source:
Corcoran
Added: Dec 24, 2025
Changed: Aug 8
Last Checked: Jul 16 at 5:01AM
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 presents an opportunity to acquire land in downtown Libertyville, Illinois, suited for a multifamily community. The site allows for the development of a master-planned project featuring a mix of 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 market demand and maximize long-term value.
Key Highlights
- Prime downtown Libertyville location, highly desirable for end‑users and renters.
- Suited for a master‑planned multifamily community with luxury townhomes, condos, or apartments.
- Strong local demand and continued growth in the area.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,367
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Prime land for multifamily development in downtown Libertyville, Illinois.
Where is this residential land & home lot located?
The property is located at 332 Brainerd Avenue 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, highly desirable for end‑users and renters.; Suited for a master‑planned multifamily community with luxury townhomes, condos, or apartments.; Strong local demand and continued growth in the area.
