Libertyville, IL Multifamily properties for sale

Updated: Nov 21, 2025

Libertyville Multifamily De-Conversion Opportunity

375 West Winchester Road, Libertyville, IL 60048

$5,200,000

3,100 sqft

De‑conversion opportunity for a 32‑unit building.
Value‑add potential through renovation and rent increases to market levels.
Located in Libertyville, Lake County, a desirable residential community.
Convenient access to I‑94 and close proximity to the Libertyville Metra Train.
Building features elevator access and assigned parking.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Libertyville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Unit Residential Income Property

1919 16th Street, North Chicago, IL 60064

$250,000

0.14 AC lot

Duplex with separate entrances, two-bedroom units, and a finished basement offering additional living space.

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Brick Ranch Duplex

2406 Pearsall Parkway, Waukegan, IL 60085

$429,000

0.26 AC lot

Side-by-side ranch duplex with two fenced private yards, basements, central air, and tenant-paid utilities.

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Spacious North Chicago Two-Flat Home

1617 Grove Avenue, North Chicago, IL 60064

Contact for pricing

2,246 sqft · 0.28 AC lot

Two-unit property near schools, shopping, and highways, ideal for investors.

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Mixed-Use Building in Waukegan

818 10th Street, Waukegan, IL 60085

$449,900

0.16 AC lot

Mixed-use building with restaurant and apartments in active commercial area.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing

0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing

3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing

0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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Recreational Land Bordering National Forest

V/L E Kissing Oaks Trail, Custer, MI 49405

$39,900

0.96 AC lot

RV recreational lot bordering Manistee National Forest.

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Libertyville, IL Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Libertyville, IL on our real estate platform. These investment opportunities span a total of 3,100 square feet of properties for sale, with an estimated market value of $5,200,000.

Sale prices for multifamily properties in Libertyville, IL start at $5,200,000, averaging $5,200,000, and reaching up to $5,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
60048	$5.2M

Neighborhood

Average Price

60048

$5.2M

Libertyville, IL Multifamily Properties for Sale

375 West Winchester Road, Libertyville, IL 60048