Three-Level Mixed-Use
New
For Sale
$699,000
127 S Main Street, Waterloo, IL 62298
Commercial Sale, Waterloo, IL
Property Size10,194 SF
Lot Size0.20 Acres
Price / SF$68.57
Days on Market4
Property Features for 127 S Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Waterloo
Standard status
Active
APN
07-25-250-027-000
Lot size
0.20 Acres
Additional Details
Mixed-Use Components
retail, residential
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8232
Building Details
Building materials
Brick
Buildings
1
Listing Agency:
RE/MAX Results Realty · RE/MAX International
(618) 216-4400
Listed By:
Judy Fruth-Long
(618) 444-8088
Added: Oct 26
Changed: Oct 27
Last Checked: Oct 29 at 3:06PM
MLS# 26068062
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 127 S Main Street, this brick mixed-use property spans three levels and approximately 10,194 square feet. The main floor provides approximately 3,814 square feet of retail space. Three existing apartments occupy approximately 3,190 square feet on the second floor; the property is offered in its current condition. Above, an unfinished third floor contains four rooms across approximately 3,190 square feet.
The property is on Main Street in downtown Waterloo, Illinois. Renovations, occupancy, and potential uses are subject to applicable zoning, permitting, and municipal approvals.
The property is on Main Street in downtown Waterloo, Illinois. Renovations, occupancy, and potential uses are subject to applicable zoning, permitting, and municipal approvals.
Key Highlights
- Approximately 10,194 square feet across three levels
- Main floor includes approximately 3,814 square feet of retail space
- Second floor has three existing apartments across approximately 3,190 square feet
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
3
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
444
Businesses Nearby
Explore this area
Business Placement
Demographics for 62298, IL
17,630
Population
7,562
Households
2.3
Avg Household Size
44
Median Age
35%
College-Educated
96%
High-School Grad
143.0 sq mi
ZIP Area
123
Density / Sq Mi
$94,073
Median Household Income
$52,823
Median Earnings
$884
Median Rent
$263,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three floors combine ground-level commercial space with existing apartments and an unfinished upper level.
Where is this mixed-use property located?
The property is located at 127 S Main Street Waterloo, IL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Approximately 10,194 square feet across three levels; Main floor includes approximately 3,814 square feet of retail space; Second floor has three existing apartments across approximately 3,190 square feet
