426 S Milwaukee Avenue, Libertyville, IL 60048

Local realty services provided by:Better Homes and Gardens Real Estate Connections
426 S Milwaukee Avenue,Libertyville, IL 60048
$1,995,000
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  • 0.82 Acres
  • Lots / Land
  • Active
Listed by: benjamin lovinger, jill lovinger
Office: baird & warner
MLS#:12510586
Source:MLSNI

Price summary

  • Price:$1,995,000

About this home

An outstanding 35,542sqft end cap parcel positioned at one of Libertyville's busiest intersections, offering exceptional visibility and access in a premier Lake County community. With over 24,000 vehicles passing daily and a median household income of $140,000 within one mile, this property offers both strong demographics and long-term growth potential. Zoned for commercial use with an allowable building height of 45 feet, the site is ideally suited for a mixed-use redevelopment, apartment project, or professional office suites. The Village of Libertyville is development-friendly and eager to collaborate on transformative projects that enhance the corridor and community. The end cap location further adds value, offering excellent design flexibility for projects that could incorporate a drive-thru component or high-traffic retail. This is a rare chance to secure a prime redevelopment site in vibrant Libertyville-just minutes from downtown, Metra access, major retail, and employment

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Home facts

  • Listing ID #:12510586
  • Added:110 day(s) ago
  • Updated:February 24, 2026 at 11:50 AM

Structure and exterior

  • Lot area:0.82 Acres

Schools

  • High school:Libertyville High School
  • Elementary school:Copeland Manor Elementary School

Finances and disclosures

  • Price:$1,995,000
  • Tax amount:$36,629 (2024)
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