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    4517 Hh Rd Waterloo, IL 62298

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    For Sale
    $400,000

    3.4 acre development site zoned B-3 with utilities.

    Lot size:
    3.40 Acres

    Property Features for 4517 Hh Rd

    General Information

    Lot size
    3.40 Acres
    Source: Moodyscre

    Listing Agent: Michael Joe Hardin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Site Near Retail Center

    This is a 3.4 +/- acre development site that can be divided. It is zoned B-3 and all utilities are available. The property is located one-half block from the lighted intersection at Illinois Route 3, directly across from Walmart Super Center, Denny's, and multiple retail shops and restaurants in Waterloo Plaza. The average daily traffic count is 24,100 on IL-3 and 11,000 on North Market.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Monroe
    State
    Illinois
    Longitude
    -90.156849
    Latitude
    38.360706

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    FAQs

    What type of property is this?
    Land - 3.4 acre development site zoned B-3 with utilities.
    Where is this land located?
    The property is located at 4517 Hh Rd Waterloo, IL.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Located directly across from Walmart Super Center, Denny's, and Multiple Retail Shops & Restaurants in Waterloo Plaza.; - High Traffic Volume: ADT of 24,100 on IL-3 and 11,000 on North Market.; - Zoned B-3, allowing for a wide range of business and commercial uses.
    (618) 660-8759
    Request Owner's contact information
    4517 Hh Rd 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
    4517 Hh Rd Waterloo, IL 62298
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