James L. McIlvaine, 89, a retired banker and developer of residential and commercial properties in Northern Virginia, died of congestive heart failure Dec. 27 at his home in Falls Church.

Mr. McIlvaine retired from J.L. McIlvaine Co. and its related ventures in the mid-1990s after more than 40 years in the real estate business. The business had included residential and commercial property development in the Springfield and Seven Corners area in the 1950s and in the Tysons Corner area in the early 1960s.

He was a past president of the Northern Virginia Builders Association and an original partner in the Charlotte Motor Speedway in Concord, N.C.

In banking, he was president and then chairman of the board of Suburban Savings & Loan in Annandale for about 15 years until 1991.

He was born in Lebanon, Mo., and was raised in Lamar, Colo. He attended what is now Colorado State University. He came to Washington in 1936 after being injured in a dynamite explosion in the Kansas City, Mo., area on a construction job. Following medical treatment in Baltimore, he settled in Washington and took a job with the D.C. Department of Public Works.

He was a Mason and a member of the Washington Golf and Country Club and the Virginia State Chamber of Commerce.

His first wife, Lillian Smith, died in 1982.

Survivors include his wife, Marjorie Mann Nerenberg of Falls Church; three children from his first marriage, Karen M. Durfee of South Pasadena, Calif., James L. McIlvaine Jr., of McLean and Don C. McIlvaine of Fairfax; four stepchildren, Marjorie Ann Morris of Toronto, Elizabeth McCorkle of Bandon, Ore., Jonathan Nerenberg of Seattle and Lawrence Nerenberg of Temecula, Calif.; 12 grandchildren; and seven great-grandchildren.