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    7468 Covered Bridge Dr Waterloo, IL 62298

    Sponsored
    For Sale
    $215,000

    Land - Waterloo, IL

    Lot size:
    5.00 Acres
    Days on Market:
    130
    Last Refresh:
    Jan 9 at 9:06 am

    Property Features for 7468 Covered Bridge Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Single-Family
    APN
    08-20-200-005-000
    Exterior features
    Level
    Lot size
    5.00 Acres

    Building Details

    Architectural style
    Other

    eXp Realty, LLC (888) 574-9405 [email protected]

    Listing agent Monica Schmidt (888) 574-9405

    Listing date Sep 2, 2025

    MLS# 25015436 Listing URL

    Copyright © 2026 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

    Waterloo Land with Well

    This 5-acre property is located just minutes from downtown Waterloo. The land features a mix of open space and wooded areas, offering a balance of building potential, privacy, and natural surroundings. A well and well pump are already installed near the front of the property. The zoning is Single-Family. There is no HOA. The property is located in Monroe County, Illinois.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Wholesale Shop Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Monroe
    State
    Illinois
    Longitude
    -90.112726
    Latitude
    38.34945

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    FAQs

    What type of property is this?
    Land - 5-acre lot near downtown Waterloo with existing well.
    Where is this land located?
    The property is located at 7468 Covered Bridge Dr Waterloo, IL.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: - Rare 5-acre lot offers ample space and privacy.; - Conveniently located minutes from downtown Waterloo.; - Pre-existing well and well pump included, reducing building costs.
    (888) 574-9405
    Request Owner's contact information
    7468 Covered Bridge Dr Waterloo, IL 62298
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    Waterloo, IL 62298
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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
    7468 Covered Bridge Dr Waterloo, IL 62298
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