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426 S Milwaukee Avenue Libertyville, IL 60048

$1,995,000
Active / MLS# 12510586 / Land - Commercial / Libertyville
0 Beds

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 centers. Bring your vision and capitalize on this prime location.

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Baird & Warner Jeffrey Schwartz Email

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Estimated Payment

$ 8,067.63 per month $4,433.33 Principal & Interest $3,052.42 Property Tax $581.88 Homeowner's Insurance
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Property Details

Property Type: Land - Commercial
Lot Size: 0.82 Acres
Taxes: $36,629

Feature Descriptions

Current Use: Retail
Frontage: 260
Frontage Type: State Road
Lot Dimensions: 260x133x296x127
Parcel#: 11212250040000
Possible Use: Commercial, Conditional Use, Liquor License, Office, Multi-Family, Retail
Road Surface: Asphalt
Township: Libertyville
Utilities: Electric to Site, Natural Gas Available, Sewer Connected, Water Available

Schools

High School: Libertyville High School
Elementary School: Copeland Manor Elementary School
School District: District 128

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

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