115 Liberty StWauconda, IL 60084

Property Details for 115 Liberty St

Year built

1957

Construction

FRAME

Lot size

0.18 AC

Property size (Sq ft)

640 SF

Property type

Investment properties

Property subtype

Live-work space

APN

09-25-302-013

APU

925302013

Description

This 1,390-square-foot medical office building is ideally situated at 115 E. Liberty St in Wauconda, Illinois, 60084. Located near the intersection of Route 176 and Main Street, this single-tenant property boasts excellent visibility and signage opportunities from the busy Route 176. The first floor offers a spacious open area perfect for a reception or office space, along with a private office and a shared half-bath. A partially finished basement provides two newly remodeled rooms and a substantial 18x12 storage area. Ample parking is available behind the building. The property is zoned GB and is conveniently located minutes from Route 12 and major expressways, offering easy access for both employees and clients. This location is perfect for a variety of medical practices seeking a high-visibility, easily accessible space in a thriving downtown area. The building's size and layout provide flexibility for various medical office configurations. This is a fantastic opportunity to establish or expand your medical practice in a prime Wauconda location.

• CAP approach

  CAP return

  Valuation

  6%

  $115,560

  6.5%

  $106,670

  7%

  $99,051

• Comparable approach

  Method

  Valuation

  Relative Method

  $64,975

  Geo Method

  $83,360

• Alternative Use

  Use

  Valuation

  Residential

  $132,271

  Hospitality

  $121,160

  Educational

  $100,804

  Medical

  $104,270

  Retail

  $156,805

Location Insight

City

Wauconda

County

Lake

State

Illinois

Latitude

42.2594

Longitude

-88.1392

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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