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    Property profile & analytics

    201-203 Main St Wauconda, IL 60084

    • Mixed-use properties
    • 8,645 SF
    For Sale
    View listing
    $995,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 201-203 Main St

    Year built
    1861
    Property size
    8,645 SF
    Property type
    Mixed-use properties

    Description

    This exceptional mixed-use property, located at 201-203 S Main Street in the heart of Wauconda, Illinois, presents a compelling investment opportunity. The 8,645 square foot building boasts three ground-floor retail spaces, all currently leased to long-term tenants, ensuring immediate and consistent income generation. Upstairs, four residential units provide additional revenue streams. Two of these are updated two-bedroom apartments

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wauconda
    County
    Lake
    State
    Illinois
    Longitude
    -88.1406
    Latitude
    42.2593

    Comparable in this City

    • Value Estimation by Request
      1,656 SF

      500 Rand Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,656 SF
      500 Rand Rd, Wauconda, IL 60084-2375
      View Details
    • Value Estimation by Request
      2,700 SF

      26939 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,700 SF
      26939 Main St, Wauconda, IL 60084
      View Details
    • Value Estimation by Request
      1,792 SF

      100 Maple Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,792 SF
      100 Maple Ave, Wauconda, IL 60084-1873
      View Details
    • Value Estimation
      $510,000
      2,176 SF

      305 Rand Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,176 SF
      305 Rand Rd, Wauconda, IL 60084-2339
      View Details
    • Value Estimation by Request
      2,070 SF

      209 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,070 SF
      209 Main St, Wauconda, IL 60084-1827
      View Details
    • Value Estimation
      $1,645,000
      4,256 SF

      1350 Old Rand Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 4,256 SF
      1350 Old Rand Rd, Wauconda, IL 60084-9763
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $1,950 /Mo

      Renovated Condo Near Bangs Lake

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    • Contact for pricing
      32,202 SF

      Wauconda Warehouse Space Available

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    • $10 SF/Yr

      Wauconda Office Space For Lease

      Office space for lease in Wauconda, Route 12 location.
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      975 SF

      Wauconda Retail Space for Lease

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    • Contact for pricing
      4,000 SF

      Grocery-Anchored Retail Space Available

      Dominant shopping center with high-traffic location in Wauconda, Illinois.
      505 W Liberty St, Wauconda, IL 60084
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    • $17 SF/Yr
      13,504 SF

      Versatile Commercial Building in Wauconda

      Updated commercial building with retail, office, and storage space.
      388 W Liberty St, Wauconda, IL 60084
      View Details
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    201-203 Main St
    Wauconda, IL 60084
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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