Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    571 Legacy Dr Waterloo, IL 62298

    For Sale
    $58,800

    Land - Waterloo, IL

    Lot size:
    0.50 Acres
    Days on Market:
    137
    Last Refresh:
    Dec 6 at 10:06 pm

    Property Features for 571 Legacy Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Single-Family
    APN
    08-19-249-007
    Exterior features
    Level
    Lot size
    0.50 Acres

    Taxes and HOA fees

    Expense value
    360
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    RE/MAX Results (314) 781-7777 [email protected]

    Listing agent Judy Fruth-Long (618) 216-4400 License #471.019140

    Listing date Jul 23, 2025

    MLS# 25046181 Listing URL

    Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Lot in Waterloo, Illinois

    This is a residential building lot situated on Legacy Drive in Waterloo, Illinois. Lot 7, a +/- half-acre lot, is located on the left side as you enter the development. The location offers proximity to key areas, including Waterloo Square, a short 5-minute drive away, featuring the Waterloo Historic District and the Monroe County Courthouse, with restaurants, shopping, and drinkeries. Waterloo High School is approximately 7 minutes away, located at 505 East Bulldog Boulevard. Mystic Golf Course is conveniently located right next to the subdivision. The zoning is Single-Family. Bring your own developer-approved builder to create your dream Legacy home in this location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Gym & Fitness Auto Repair Shop Wholesale Shop Kitchen & Bath Discount Store Storage Facility Car Rental Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Monroe
    State
    Illinois
    Longitude
    -90.13412038
    Latitude
    38.34762753

    Nearby Similar for Sale

    • $315,000
      1,998 SF

      Well-Maintained Duplex in Waterloo, IL

      Duplex with 2BR/1BA units, garages, and outdoor spaces.
      101 Jefferson Dr, Waterloo, IL 62298
      View Details
    • $400,000
      0.35 Acres

      Turn-Key Bar and Restaurant Opportunity

      Established bar and restaurant with loyal clientele near Waterloo.
      5237 Kaskaskia Rd, Waterloo, IL 62298
      View Details
    • $249,000
      1,532 SF

      Waterloo Duplex: Investment Opportunity

      Well-maintained duplex in downtown Waterloo with income potential.
      201 Koenigsmark Ave, Waterloo, IL 62298
      View Details
    • $995,000
      7,516 SF

      Remodeled Restaurant/Bar Event Space

      Remodeled restaurant/bar with indoor and outdoor seating in Waterloo, IL.
      1324 Jamie Ln, Waterloo, IL 62298
      View Details
    • $525,000
      0.33 Acres

      Versatile Commercial Building in Waterloo

      Spacious brick building with potential for diverse commercial ventures.
      111 W 3Rd St, Waterloo, IL 62298
      View Details
    • $79,000
      0.57 Acres

      Waterloo Commercial Corner Lot

      High-traffic location, prime development opportunity.
      6 Dannehold Farms Dr, Waterloo, IL 62298
      View Details

    FAQs

    What type of property is this?
    Land - Half-acre residential building lot near Waterloo Square and Mystic Golf Course.
    Where is this land located?
    The property is located at 571 Legacy Dr Waterloo, IL.
    What is the asking price?
    The asking price for this property is $58,800.
    What are key features of this property?
    This property features: - Spacious +/- half-acre building lot in a prime location.; - Excellent proximity to Waterloo Square (5-minute drive).; - Mystic Golf Course is conveniently located right next to the subdivision.
    (618) 216-4400
    Request Owner's contact information
    571 Legacy Dr Waterloo, IL 62298
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    571 Legacy Dr
    Waterloo, IL 62298
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    571 Legacy Dr Waterloo, IL 62298
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.