Real Estate Agent Elmo Dowd

Elmo Dowd REALTOR®

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332 Brainerd Avenue, Libertyville, IL 60048

$2,399,000
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  • 332 Brainerd Avenue, Libertyville, IL 60048 Main Photo

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Active
LOT SIZE 0.240 acres MLS#12536583
STATUSActive PROPERTY TYPELand - Residential SCHOOLDistrict 128
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Property 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.

332 Brainerd Avenue | MLS# 12536583

This land located at 332 Brainerd Avenue, Libertyville, IL 60048 is currently listed for sale with an asking price of $2,399,000. The property has approximately 0.24 Acres. Brainerd Avenue is located within the District 128 school district. Search Libertyville real estate on elmo.bhhscrosby.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.24 Acres
Taxes: $22,575

Feature Descriptions

Current Use: Recreational
Frontage: 14
Frontage Type: Public Road
Lot Dimensions: 14x136x81x100x91x227
Parcel#: 11163110020000
Possible Use: Multi-Family, Single Family
Road Surface: Asphalt
Township: Libertyville
Utilities: Electricity Nearby, Natural Gas Nearby, Water Nearby

Local Schools

High School: Libertyville High School
Middle School: Highland Middle School
Elementary School: Butterfield School
School District: District 128

Listed By / Shown By

Listed By

Agency Name: Compass
Agency Phone: 847-416-0446

Shown By

Agent Name: Elmo Dowd
Agent Phone: (815) 520-3939
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate

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Estimated Payment

$ 7,920.09 per month $5,339.13 Principal & Interest $1,881.25 Property Tax $699.71 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/07/2026. The listing information on this page last changed on 04/07/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 04/07/2026 12:18:31 AM EST) or MRED MLS (last updated Tue 04/07/2026 12:11:54 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 04/06/2026 10:16:16 PM EST) or Northern Illinois Commercial Association Realtors (last updated Mon 04/06/2026 2:10:12 PM EST). Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Crosby Starck Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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