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Two-Unit Duplex
New
For Sale
$210,000

202 E 1st St, Waterloo, IL 62298

Both residences have two bedrooms and one bathroom, with separate laundry arrangements and a detached garage.

Property Size1,396 SF
Price / SF$150.43
Days on Market2

Property Features for 202 E 1st St

General Information

Standard status Active
Size 1,396 SF
Total Parking Spaces 1
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Building Details

Year Built 1890
Buildings 1
Listing Agency: Strano & Associates
Listed By: Tina LaChance
Source: Nations-network
Added: Sep 24 Last Checked: Sep 24 at 2:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Strano & Associates

Investment Insights

Based on property information with market context.

Built in 1890, this 1,396-square-foot, 1 1/2-story duplex contains two units, each with two bedrooms and one bathroom. Unit A has a main-floor laundry area; Unit B’s laundry is in the basement, which is located only beneath that side of the property. A detached garage serves the property, and the building has double-hung vinyl windows.

Unit B has received updates including luxury vinyl flooring, carpet, interior paint, light fixtures, and a replacement bathroom vanity and toilet. Its water heater is approximately six months old. The property is being sold as is, with the seller making no repairs based on inspections.

Key Highlights

  • Two units, each with 2 bedrooms and 1 bathroom
  • 1,396 square feet; built in 1890
  • 1 1/2‑story building with a basement beneath Unit B only

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Pharmacy HVAC Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

439
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
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences have two bedrooms and one bathroom, with separate laundry arrangements and a detached garage.
Where is this duplex located?
The property is located at 202 E 1st St Waterloo, IL.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,396 square feet; built in 1890; 1 1/2‑story building with a basement beneath Unit B only
More about this property
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