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Executive Summary

Downtown Libertyville Development Opportunity | Five-Parcel Assemblage
Rare downtown Libertyville redevelopment opportunity consisting of five R-7 parcels located at 226, 220, and 212 W. Maple Avenue and 330 and 332 Brainerd Avenue, Libertyville, IL 60048.
The offering presents an excellent opportunity for a planned residential development with multiple potential configurations, including luxury townhomes, condominiums, or a low-rise apartment building, subject to municipal approvals. The site’s combined footprint and infill location allow for flexible design and unit-mix scenarios.
Situated in the heart of downtown Libertyville, the property is within walking distance to the Metra station, restaurants, retail, and entertainment, making it highly desirable for downsizers, professionals, and luxury-oriented buyers seeking new construction in a walkable suburban downtown.
Highlights:
Five-parcel assemblage in prime downtown Libertyville location
Suitable for townhomes, condos, or apartment development
Strong infill site with proven demand for new construction
Walkable to Metra, dining, shopping, and amenities
Excellent demographics and market fundamentals
Additional information available upon request, including potential unit mixes, preliminary financial analyses, and plats of survey.

Property Facts

Price $3,292,388 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 1.49 AC
Zoning R-7 - University Residential District

1 Lot Available

Lot 5

Price $3,292,388 CAD
Price Per AC $2,206,405.80 CAD
Lot Size 1.49 AC

Five-parcel R-7 assemblage in prime downtown Libertyville offering redevelopment potential for luxury townhomes and/or condo or apartment development. Walkable to Metra, dining, and retail. Unit mixes and financials available.

Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
11-16-311-021
Land Assessment
$131,581 CAD
Improvements Assessment
$0 CAD
Total Assessment
$131,581 CAD
  • Listing ID: 38821705

  • Date on Market: 2025-12-18

  • Last Updated:

  • Address: 330 Brainerd Ave, Libertyville, IL 60048

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