For Sale106d on market
332 Brainerd Ave
Libertyville, IL, 60048 • 60048 • Lake County
$2,399,000
0.24 acLot
Market activity
Demand and pricing signals for this listing
115 views
People checking out this listing
106 days on market
Established listing
About this home
Lot
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.
Estimated monthly payment
Based on current rates
$15,647/month
Principal & Interest$12,448
Property Tax$2,399
Insurance$800
Down payment20% ($479,800)
3%50%
Est. 6.75% rate · 30yr fixed · $1,919,200 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
Systems
Water / SewerStorm Sewer
Parking & Outdoor
Lot10,454 sqft
Location & Tax
Neighborhood60048
Annual tax$22,575
Parcel1116311002
Features & details
1 category of property features
Exterior Features
Utilities
Electricity Nearby
Natural Gas Nearby
Water Nearby
Listing insights
Market data and value estimates
StatusFor Sale
Days on market106
Tax rate2.60%
On marketDec 24, 2025
PostedDec 24, 2025
MLS statusActive
MLS updatedApr 9, 2026
Tour days6
Views115
How are the schools in Libertyville?
3 schools rated nearby
Location
Libertyville, IL, 60048
Price history
1 event
DateEventPrice$/sqftSource
Feb 2, 2026Listed For Sale$2,399,000—MRED as distributed by MLS GRID
Listed For Sale$2,399,000
Feb 2, 2026•MRED as distributed by MLS GRID
Tax history
22 years of records
YearTax paidAssessed value
Apr 10, 2023$3,915$52,712
Apr 10, 2022$3,737$48,618
Apr 10, 2021$3,601$46,730
Apr 10, 2020$3,468$44,955
Apr 10, 2019$3,381$44,528
Apr 10, 2018$3,359$46,319
Apr 10, 2017$3,359$44,857
Apr 10, 2016$3,235$42,531
Apr 10, 2015$2,965$39,752
Apr 10, 2014$3,077$36,314
Apr 10, 2012$2,964$37,377
Apr 10, 2011$4,099$58,455
Apr 10, 2010$5,355$80,394
Apr 10, 2009$5,168$84,301
Apr 10, 2008$4,982$81,814
Apr 10, 2006$6,504$79,017
Apr 10, 2005$6,038—
Apr 10, 2004$5,390—
Apr 10, 2003$4,947—
Apr 10, 2002$4,020—
Apr 10, 2001$3,807$52,386
Apr 10, 2000$2,981$40,997
Nearby homes
Neighborhood details
Local context around this listing
Libertyville, IL • Lake County
Nearby neighborhoods
Green Oaks
Nearby cities
AntiochBuffalo GroveGurneeHighland ParkLibertyvilleMundeleinRound Lake BeachVernon Hills
Nearby zip codes
600446004860092
Similar homes
Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
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