1470 N Milwaukee Ave

$1,500,000
Price
65,340 / 1.5
Lot Size / Acres

Description

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 officeExtremely 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

Property Details for 1470 North Milwaukee Avenue

Area
Green Oaks / Libertyville
Township
Libertyville
Ownership
Fee Simple
Num Of Parking Spaces
0.0
LISTING UPDATED: 12/02/2025 02:04 AM

Property Details for 1470 North Milwaukee Avenue

StatusNew
MLS #12526184
Days on Market3
Taxes$6,915 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size1.50 AC
CountyLake County

Location

Listing Courtesy of Century 21 Circle
Add your commute

Building Information for 1470 North Milwaukee Avenue

Lot Size1.50 AC

Payment Calculator

$7,988 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,412

Property Taxes

$576

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1470 North Milwaukee Avenue

General Information
School Information
  • Elementary School District: 70
  • High School District: 128
  • Middle Or Junior School District: 70
Location and General Information
  • Frontage Length: 190
  • Frontage Type: City Street
Property Information
Interior Features
  • Basement Type: None
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: No
Utilities / Equipment
  • Sewer: Storm Sewer
  • Water: Municipal Water
  • Utilities: Electric to Site, Natural Gas Available, Sewer Connected, Water Available
Property/Lot Information
  • Lot Size: 1.0-1.99 Acres
  • Lot Dimensions: 190 x 295 x 271 x 284
  • Approx Land Sq Footage: 65373
  • Buildings on Land: Yes
  • Waterfront: No
  • General Information: None
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2025-12-02T06:50:51
  • Photos Count: 3
  • OpenHouse Count: 0
Miscellaneous
  • Current Use: Residential
  • Road Surface: Asphalt
  • Total Listed Lots Avail: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 1470 North Milwaukee Avenue

DateEvent & SourcePriceAppreciation
Dec 2, 2025

Listed (Active)

MRED #12526184

$1,500,000
May 4, 2018

Sold (Public Record)

Public Record #623854790

$310,000
May 4, 2018

Sold (Public Record)

Public Record #623854790

$310,000
May 4, 2018

Sold

MRED #09767338

$310,000
May 4, 2018

Sold

MRED #09767220

$310,000
Mar 3, 2018

Pending

MRED #09767338

Mar 3, 2018

Pending

MRED #09767220

Oct 3, 2017

Listed (Active)

MRED #09767338

$499,900
Oct 2, 2017

Listed (Active)

MRED #09767220

$499,900
DateEvent & SourcePrice
12/02/2025

Listed (Active)

MRED #12526184

$1,500,000
05/04/2018

Sold (Public Record)

Public Record #623854790

$310,000
05/04/2018

Sold (Public Record)

Public Record #623854790

$310,000
05/04/2018

Sold

MRED #09767338

$310,000
05/04/2018

Sold

MRED #09767220

$310,000
03/03/2018

Pending

MRED #09767338

03/03/2018

Pending

MRED #09767220

10/03/2017

Listed (Active)

MRED #09767338

$499,900
10/02/2017

Listed (Active)

MRED #09767220

$499,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1470 North Milwaukee Avenue

Taxable ValueLand$89,643Additions-Total$89,643
Tax Record2024$6,659 ($555 / month)
Home Facts
Beds0Baths1Total Finished SqFt902 SqFtAbove Grade Finished SqFt902 SqFtStories1Lot Size56,628 SqFtStyleResidentialYear Built1940CountyLAKEAPN11-09-305-001

Schools near 1470 North Milwaukee Avenue

This home is within Libertyville School District 70.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 12
Rating
School
Distance
Adler Park School
PublicK to 5

Highland Middle School
Public6 to 8

Libertyville High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

1470 North Milwaukee Avenue is a 1.5 ac of land for sale in Libertyville, IL 60048. This property was listed for sale on December 2, 2025 by Century 21 Circle, it's currently listed at $1,500,000. It has been on the market for a total of 3 days and was last sold on May 4, 2018. This listing's school districts are Chsd 128 School District, Libertyville School District 70. Nearby schools include Adler Park School, Highland Middle School and Libertyville High School. 1470 North Milwaukee Avenue is a 0-bed, 0-bath, 1.5 ac of land on a 65,340 sq. ft. / 1.5 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Circle

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/02/2025 02:04 AM. 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.