Does Lilliput still exist?

I'm curious, does the fabled island of Lilliput, as described in Gulliver's Travels, still exist today? Has any expedition been able to locate it, or is it merely a product of the author's vivid imagination? If it does indeed exist, has it remained untouched by modernization, or has it evolved into something completely different? I'm eager to learn more about this enigmatic location and its potential existence in our world.