A comparative evaluation was carried out for the extraction of Sr2+ using novel calix crown ether in molecular diluent and in ionic liquid. Though the trend in extraction profiles was found to be similar for both the systems, still, almost 5 times higher distribution ratio (D) values were observed in ionic liquid. The speciation studies revealed that; neutral Sr (NO3)2. DHCC species was formed in dodecane and the extraction followed through ‘solvation’ mechanism. However, ionic liquid medium (IL), anionic species, [Sr(NO3)3. DHCC]− was found to be predominating indicating ‘anion exchange’ mechanism. The slower kinetics of extraction in IL was attributed to the high viscosity of IL. The extraction process was found to be spontaneous, endothermic and entropy driven.IL based system was found to be radiolytically more stable compared to the molecular diluent (Mol dil) based system. The electron paramagnetic resonance (EPR) spectroscopic investigation revealed the formation of oxygen centered radical with orthorhombic symmetry (gx = 2.00105, gy = 2.00475, gz = 2.00835) in irradiated ligand. The density functional theoretical (DFT) calculation was utilized to investigate the complexation and speciation in detail in microscopic level.