Why Live in Cambridge-Liberty Village
Cambridge-Liberty Village in Libertyville combines small-town charm with suburban convenience. The neighborhood features diverse home styles, including Tudor, Dutch colonial, and new traditional, with many homes showcasing full or partial brick façades and asphalt roofs. Residents enjoy proximity to both quirky local businesses and larger retailers in nearby Vernon Hills. Grocery stores such as Jewel-Osco, Mariano’s, and Aldi are within 5 miles, along with home improvement stores like Menards and Lowe’s. Dining options along Milwaukee Avenue include Sugarville, Bagels by the Book, Tacos El Rey de Oro, Lolo’s Bowls, and Hanakawa Japanese Steak & Sushi. For recreation, Charles Brown Park and Hawthorn Mellody Park offer playgrounds, sports facilities, and inclusive equipment, while Independence Grove Forest Preserve provides fishing, ice skating, and trails. The neighborhood is served by highly rated schools, including Rockland Elementary School, Highland Middle School, and Libertyville High School. Commuting to Chicago is convenient with a Metra station 2 miles away and the city about 40 miles southeast by car. Local events such as the Libertyville Days Festival, Festival of the Arts, and Oktoberfest, along with weekly activities at Impact Fuel Room and the MainStreet Libertyville Farmers Market, provide plenty of things to do. Advocate Condell Medical Center is nearby for healthcare needs, and Chicago O'Hare International Airport is 25 miles south for travel.
Frequently Asked Questions
Is Cambridge-Liberty Village a good place to live?
Cambridge-Liberty Village is a good place to live. Cambridge-Liberty Village is considered very car-dependent and somewhat bikeable. Cambridge-Liberty Village is a suburban neighborhood. Cambridge-Liberty Village has 11 parks for recreational activities. It is somewhat dense in population with 7.9 people per acre and a median age of 44. The average household income is $173,364 which is above the national average. College graduates make up 72.7% of residents. A majority of residents in Cambridge-Liberty Village are home owners, with 11.6% of residents renting and 88.4% of residents owning their home. A
local real estate agent serving Cambridge-Liberty Village can help you decide if this neighborhood is the right one for you. Learn more on our
Cambridge-Liberty Village neighborhood guide.
How much do you need to make to afford a house in Cambridge-Liberty Village?
The median home price in Cambridge-Liberty Village is $597,000. If you put a 20% down payment of $119,400 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $3,090 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $132K a year to afford the median home price in Cambridge-Liberty Village. The average household income in Cambridge-Liberty Village is $173K.
What are the best public schools in Cambridge-Liberty Village?
The best public schools that serve Cambridge-Liberty Village are:
What are the best private schools in Cambridge-Liberty Village?
The best private schools that serve Cambridge-Liberty Village are:
What are the most popular zip codes in Cambridge-Liberty Village, Libertyville, IL?
What are the most popular neighborhoods near Cambridge-Liberty Village, Libertyville, IL?
Home Trends in Cambridge-Liberty Village, IL
On average, homes in Cambridge-Liberty Village, Libertyville sell after 96 days on the market compared to the national average of 70 days. The median sale price for homes in Cambridge-Liberty Village, Libertyville over the last 12 months is $550,000, up 299% from the median home sale price over the previous 12 months.
Median Sale Price
$550,000
Median 2 Bedroom Sale Price
$240,000
Average Price Per Sq Ft
$247
Number of Homes for Sale
1
Last 12 months Home Sales
5
Median List Price
$597,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
299%