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.
Active
$2,399,000
332 Brainerd Ave, Libertyville, IL 60048
--beds
--baths
10,454Square Feet
Unimproved Land
Built in ----
10,454 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 202 days |
- 79 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Cory Green 847-416-0446,
Compass
Source: MRED as distributed by MLS GRID,MLS#: 12536583
Facts & features
Property
Features
- Frontage length: 14
Lot
- Size: 10,454 Square Feet
- Dimensions: 14x136x81x100x91x227
Details
- Additional parcels included: 11163110010000,11163110210000,11163110200000,11163110030000
- Parcel number: 11163110020000
- Special conditions: None
Utilities & green energy
- Sewer: Storm Sewer
- Utilities for property: Electricity Nearby, Natural Gas Nearby, Water Nearby
Community & HOA
Location
- Region: Libertyville
Financial & listing details
- Tax assessed value: $158,152
- Annual tax amount: $22,575
- Date on market: 12/24/2025
- Ownership: Fee Simple
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$2,013/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/2/2026 | Listed for sale | $2,399,000 |
Source:  MRED as distributed by MLS GRID #12536583 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,066 +3.9% | $54,578 +3.5% |
| 2023 | $3,915 +4.8% | $52,712 +8.4% |
| 2022 | $3,737 +3.8% | $48,618 +4% |
| 2021 | $3,601 +3.8% | $46,730 +3.9% |
| 2020 | $3,468 +2.6% | $44,955 +1% |
| 2019 | $3,381 +0.7% | $44,528 -3.9% |
| 2018 | $3,359 | $46,319 +3.3% |
| 2017 | $3,359 +3.8% | $44,857 +5.5% |
| 2016 | $3,235 +9.1% | $42,531 +7% |
| 2015 | $2,965 -3.6% | $39,752 +9.5% |
| 2014 | $3,077 +3.8% | $36,314 -2.8% |
| 2012 | $2,964 -27.7% | $37,377 -36.1% |
| 2011 | $4,099 -23.4% | $58,455 -27.3% |
| 2010 | $5,355 +3.6% | $80,394 -4.6% |
| 2009 | $5,168 +3.8% | $84,301 +3% |
| 2008 | $4,982 -23.4% | $81,814 +3.5% |
| 2006 | $6,504 +7.7% | $79,017 |
| 2005 | $6,038 +12% | -- |
| 2004 | $5,390 +8.9% | -- |
| 2003 | $4,947 +23.1% | -- |
| 2002 | $4,020 +5.6% | -- |
| 2001 | $3,807 +27.7% | $52,386 +27.8% |
| 2000 | $2,981 | $40,997 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 60048
Nearby schools
GreatSchools rating
- 10/10Butterfield SchoolGrades: PK-5Distance: 1.3 mi
- 7/10Highland Middle SchoolGrades: 6-8Distance: 0.4 mi
- 9/10Libertyville High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Butterfield School
- Middle: Highland Middle School
- High: Libertyville High School
- District: 70
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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