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$1,500,000

  • For Sale
  • Active
  • Lots/Land
  • 1.5 Acres
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Extremely rare 1.50-acre parcel with high-visibility frontage along Milwaukee Avenue (Route 21), Libertyville, IL. * Adjacent to established retail and residential neighborhoods. * Approximately 5 miles to I-94 via Route 137, offering excellent regional connectivity. * Strong exposure along Milwaukee Avenue. * Development Potential: Ideal for a variety of retail-oriented uses, including: +Quick-service restaurant +Mixed-use +Medical office

Full Property Details for 1470 N Milwaukee Ave

General

  • Price: $1,500,000
  • Taxes: $6,915 (2024)
  • Status: Active
  • Type: Lots/Land
  • Source: MRED
  • MLS ID: 12526184
  • Updated: 12/8/2025
  • Added to Site: 47 day(s) ago

Interior

  • Basement: None

Location

  • Area: Green Oaks / Libertyville
  • County: Lake
  • Township: Libertyville
  • Driving Directions: Milwaukee Ave, north of Winchester, south of 137. East side of the street. Corner of N Milwaukee Ave & Pakview Ave. South of Adler Park.

School Information

  • School District: 70
  • Elem School District: 70
  • Midd School District: 70
  • High School District: 128

Utilities

  • Sewer: Storm Sewer
  • Water: Municipal Water
  • Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available

Structural Information

  • Basement Desc.: None
  • Square Feet: 1.5
  • Current Bldg. Use: Residential

Lot Features

  • Lot Size (Acres): 1.5
  • Lot Size (Sq. Ft.): 65,373
  • Lot Size Range: 1.0 to 1.99 Acres
  • Lot Dimensions: 190 x 295 x 271 x 284
  • Frontage: City Street
  • Frontage Feet: 190
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $6,915
  • Tax Year: 2024
  • Pays Sewer: Storm Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 11093050010000

Listed by Century 21 Circle

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Listing agents

— 1470 N Milwaukee Ave —

  • Century 21 Circle

  • Century 21 Circle

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1470 N Milwaukee Ave

School Districts:Libertyville School District 70, Libertyville Community High School District 128
NameGradesDistance
Adler Park School
1740 North Milwaukee Avenue, Libertyville, IL 60048
K-50.3 mi
Highland Middle School, Libertyville, IL
310 West Rockland Road, Libertyville, IL 60048
6-81.4 mi
Libertyville High School
708 West Park Avenue, Libertyville, IL 60048
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1470 N Milwaukee Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/02/2025
Listed
$1,500,000
383.87%
MLS
5/04/2018
Sold
$310,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1470 N Milwaukee Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,659
5%
$89,643
8%
2023
$6,356
4%
$82,681
4%
2022
$6,124
4%
$79,470
2%
2021
$5,898
3%
$77,759
2%
2020
$5,750
—
$76,452
1%
2019
$5,750
-20%
$75,725
-22%
2018
$7,208
3%
$96,781
3%
2017
$7,019
3%
$93,726
5%
2016
$6,801
1%
$88,865
7%
2015
$6,759
1%
$83,059
—
2014
$6,691
-2%
$83,059
1%
2013
$6,805
5%
$81,945
-3%
2012
$6,487
—
$84,553
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1470 N Milwaukee Avenue, Libertyville, IL 60048 (MLS# 12526184) is a Lots/Land property with a lot size of 1.5 acres. 1470 N Milwaukee Avenue is currently listed for $1,500,000 and was received on December 02, 2025. Want to learn more about 1470 N Milwaukee Avenue? Do you have questions about finding other Lots/Land real estate for sale in Libertyville? You can browse all Libertyville real estate or contact a Coldwell Banker agent to request more information.

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