$2,399,000
 $12,878 est/mo Sourced by Back At You

332 Brainerd Avenue,Libertyville, IL 60048

Libertyville, IL 60048

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Description

An exceptional opportunity to acquire a prime land in the heart of downtown Libertyville, ideally suited for a thoughtfully planned multifamily community. The site offers the ability to develop a master-planned project featuring a mix of luxury townhomes and condominiums or apartments, capitalizing on strong local demand, walkable amenities, and the area's continued growth. This irreplaceable downtown location provides close proximity to restaurants, shopping, Metra access, and community amenities-making it highly attractive to both end-users and renters seeking a high-quality suburban lifestyle with urban convenience. The property presents flexibility in design, density, and unit mix, allowing a developer to tailor the project to current market demand and maximize long-term value. Reach out for additional information, including preliminary financial analyses, proposed unit mix concepts, and surveys. Serious inquiries only.

Details

MLS #12536583
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site257
Listing Provided ByCompass | Cory Green

Features

Acreage0.24

Utilities

UtilitiesElectricity Nearby, Natural Gas Nearby, Water Nearby
SewerStorm Sewer

Taxes

Tax Year2024
Tax Annual Amount22575

Area Information

StateIL
CountyLake
CityLibertyville
Zip Code60048
AreaGreen Oaks | Libertyville
School DistrictLibertyville High School
Elementary SchoolButterfield School
High SchoolLibertyville High School
Listing VS Median (in 60048)
Price:
$2,399,000
low | high
Med:
$607,000
100% of Average
On site:
257
low | high
Med:
66
100% of Average
Sourced by Back At You

Market Activity 60048

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Learn More About This Property

StateIL
CountyLake
CityLibertyville
Zip Code60048
AreaGreen Oaks | Libertyville
School DistrictLibertyville High School
Elementary SchoolButterfield School
High SchoolLibertyville High School
Listing VS Median (in 60048)
Price:
$2,399,000
low | high
Med:
$607,000
100% of Average
On site:
257
low | high
Med:
66
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.799M - $2.998M
sqft: 0 - 0
Listing Updated: July 9, 2026 at 12:10:47 PM PDT