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Two-Unit Duplex with Garage

201 Koenigsmark Avenue, Waterloo, IL 62298

For Sale
New
$219,900

Residential Income, Waterloo, IL

Property Size1,532 SF
Lot Size0.13 Acres
Price / SF$143.54
Days on Market1

Property Features for 201 Koenigsmark Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1, Basement, Bedroom 2
Parking 2
Basement Unfinished, Block, Full
Appliances Microwave, Free-Standing Gas Oven, Refrigerator
Subdivision A J Koenigsmark Add
Lot features Corner Lot
Elementary school WATERLOO DIST 5
Middle school WATERLOO DIST 5
High school Waterloo
Elementary school district Waterloo DIST 5
Middle school district Waterloo DIST 5
High school district Waterloo DIST 5
Standard status Active
APN 07-25-202-009-000
Size 1,532 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOTS 13B & 14 A J KOENIGSMARK ADDN
Tax Annual Amount 3591
Legal Description LOTS 13B & 14 A J KOENIGSMARK ADDN

Utilities

Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1953
Floors in Building 2
Number of units 2
Building materials Vinyl Siding
Roof type Shingle
Listing Agency: eXp Realty
Listed By: Jena Gibbs · License IL #475201426
Added: Nov 11 Last Checked: Nov 11 at 7:06AM
MLS# 26071684

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.

Rey
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Investment Insights

Based on property information with market context.

At 201 Koenigsmark Avenue, this 1,532-square-foot duplex contains two residences on a 0.127-acre parcel. Built in 1953, the property has vinyl siding, central air, natural gas heat, and an attached two-car garage. Public water serves the building.

One residence has one bedroom, a full bathroom, a living room, and an open kitchen and dining area. The other includes three bedrooms, a full bathroom, and a kitchen and dining area. Both have basement laundry hookups; the basement also provides storage.

The property is within walking distance of downtown Waterloo shops, restaurants, and other amenities. Included appliances are a microwave, freestanding gas oven, and refrigerator.

Key Highlights

  • Two‑unit duplex with 1,532 square feet on a 0.127‑acre lot
  • One‑bedroom and three‑bedroom residences, each with one full bathroom
  • Attached 2‑car garage

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

460
Businesses Nearby

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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The residences offer different bedroom configurations, basement laundry hookups, and storage space.
Where is this duplex located?
The property is located at 201 Koenigsmark Avenue Waterloo, IL.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,532 square feet on a 0.127‑acre lot; One‑bedroom and three‑bedroom residences, each with one full bathroom; Attached 2‑car garage
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