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$4,600,000 Contingent
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Property Description
Exceptional 43 Acres Farmland For Future Development, Data-Center, One-of-a-Kind Conservation Site With No Wetlands Well Located Just Across From Independence Grove @ Milwaukee & Peterson Rte. 137
Full Property Details
Full Property Details for 31132-31140 N Milwaukee Ave
General
- Price: $4,600,000
- Taxes: $5,809 (2023)
- Status: Contingent
- Type: Farm
- Source: MRED
- MLS ID: 12272795
- Updated: 2/24/2026
- Added to Site: 442 day(s) ago
Location
- Area: Green Oaks / Libertyville
- County: Lake
- Township: Libertyville
- Driving Directions: North of Peterson or Rte. 137, Eastside of HWY 21
School Information
- School District: 70
- Elem School District: 70
- Midd School District: 70
- High School District: 128
Utilities
- Sewer: Septic Tank
- Water: Well
- Onsite: Electricity to Site, Natural Gas Nearby, Cable Available
Structural Information
- Square Feet: 42.97
- Current Bldg. Use: Agricultural
Lot Features
- Lot Size (Acres): 42.97
- Lot Size (Sq. Ft.): 1,871,773
- Lot Size Range: 25.0 to 99.99 Acres
- Lot Dimensions: 280 x 1916
- Frontage: Township Road
- Frontage Feet: 280
- Street/Road Desc.: None
- Land Use: Yes
- Zoning: AGRIC
Farm Information
- Farm: Yes
Financial Considerations
- Tax Amount: $5,809
- Tax Year: 2023
- Pays Sewer: Septic Tank
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 11043000300000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Price & Sales History for 31132-31140 N Milwaukee Ave
Date
Details
Price
Change
Source
1/17/2025
Listed
$4,600,000
—
MLS
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
Tax History for 31132-31140 N Milwaukee Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,536
5%
$62,611
8%
2023
$4,310
4%
$57,754
5%
2022
$4,145
4%
$55,200
2%
2021
$3,976
3%
$53,973
2%
2020
$3,871
—
$53,028
1%
2019
$3,871
5%
$52,485
3%
2018
$3,681
2%
$50,888
3%
2017
$3,592
4%
$49,262
5%
2016
$3,448
1%
$46,694
7%
2015
$3,422
1%
$43,646
—
2014
$3,391
-8%
$43,646
1%
2013
$3,703
—
$43,063
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 31132-31140 N Milwaukee Ave
Want to learn more about 31132-31140 N Milwaukee Avenue? Do you have questions about finding other Farm real estate for sale in Libertyville? You can browse all Libertyville real estate or contact a Coldwell Banker agent to request more information.

