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    Property profile & analytics

    501 Liberty St Wauconda, IL 60084-2470

    • Turn key restaurants
    • 2,639 SF
    • 0.44 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 20, 2022
    $18,700,000
    Location Intelligence
    Property ID
    US28-4894673
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 501 Liberty St

    Year built
    1987
    Construction
    BRICK
    Lot size
    0.44 lot acres
    Property size
    2,639 SF
    Property type
    Turn key restaurants
    APN
    09-26-307-023
    APU
    926307023

    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
    -88.1509
    Latitude
    42.2577
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $28,967
    $54,600
    $233,495
    $288,095
    -
    $163,816
    $700,555
    $864,371

    Comparable in this City

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      6,270 SF

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      6,596 SF

      208 Kimball Ave

      RESTAURANT • 6,596 SF
      208 Kimball Ave, Wauconda, IL 60084
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      3,431 SF

      127 Main St

      RESTAURANT • 3,431 SF
      127 Main St, Wauconda, IL 60084-1823
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      $1,370,000
      4,772 SF

      1200 Old Rand Rd

      RESTAURANT • 4,772 SF
      1200 Old Rand Rd, Wauconda, IL 60084-1160
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    • Value Estimation
      $270,000
      5,934 SF

      122 Main St

      RESTAURANT • 5,934 SF
      122 Main St, Wauconda, IL 60084-1839
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    • Value Estimation
      $515,000
      8,821 SF

      333 Ml St

      RESTAURANT • 8,821 SF
      333 Ml St, Wauconda, IL 60084-1831
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,000 SF

      Restaurant and Bar For Sale

      Restaurant and bar with high visibility and outdoor patio.
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    • $2,650,000
      30.05 Acres

      Wauconda Equestrian Property on 30 Acres

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    • $2,300,000
      40.00 Acres

      40-Acre Wauconda Commercial Land

      Prime Wauconda land, home/office, outbuildings.
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    • $995,000
      8,645 SF

      Downtown Wauconda Mixed-Use Investment

      High-yield, six-unit income property.
      201-203 Main St, Wauconda, IL 60084
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    • $395,000
      4,271 SF

      Wauconda Mixed-Use Investment Opportunity

      Prime Wauconda location, two-building income property.
      139 Liberty St, Wauconda, IL 60084
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    • $39,900
      0.25 Acres

      Land Near Slocum Lake

      Land with lake and beach rights near community dock.
      28490 W Main St, Wauconda, IL 60084
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    Similar Nearby for Lease

    • Contact for pricing
      975 SF

      Wauconda Retail Space for Lease

      Grocery-anchored center with strong tenant mix and high traffic location.
      501-587 W Liberty St, Wauconda, IL 60084
      View Details
    • Contact for pricing

      Wauconda Retail/Service Space Available

      Move-in ready retail/service space with high visibility and ample parking.
      388 W Liberty St Unit Ml, Wauconda, IL 60084
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    • Contact for pricing
      13,504 SF

      Wauconda Commercial Building for Lease

      Versatile commercial building in Wauconda's busiest corridor.
      388 W Liberty St, Wauconda, IL 60084
      View Details
    • 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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    • Contact for pricing
      32,202 SF

      Wauconda Warehouse: 32,202 SF

      Spacious warehouse, ideal corporate HQ. Lake County location.
      1200 Karl Ct, Wauconda, IL 60084
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    • Contact for pricing
      32,202 SF

      Wauconda Warehouse Space Available

      32,202 sqft warehouse space for lease in Wauconda, IL.
      1200 Karl Ct, Wauconda, IL 60084
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    Property Visit Statistics

    • Visits by month
      30.1k
    • Visitors by month
      16.2k
    • Avg Time on site
      9 min
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    501 Liberty St
    Wauconda, IL 60084-2470
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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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