332 Brainerd Ave, Libertyville, IL 60048

Listing Agency: Compass

Listed By: Cory Green Show Phone

Source: Illianahomesource

Added: Nov 10, 2025 Changed: Nov 7 Last Checked: Nov 8 at 6:57AM

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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

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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

1,321

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

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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 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, 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.