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Platted Residential Development Lot
For Sale
$85,500

612 Legacy Drive, Waterloo, IL 62298

Residential lot in a platted subdivision, with sidewalk construction requirements and HOA per homeowner obligations.

Property Size22,651 SF
Price / SF$3.77
Days on Market463

Property Features for 612 Legacy Drive

General Information

Standard status Active
Size 22,651 SF
Property subtype Land
Zoning Single-Family

Taxes and HOA fees

Annual Taxes $1,405

Amenities

Concrete, Subdivision
City Street
Listing Agency: Keller Williams Pinnacle
Listed By: Sarah Jenkins · License #475.193205
Source: Compass
Added: May 17, 2025 Changed: Aug 8 Last Checked: Mar 25 at 6:56PM

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 Keller Williams Pinnacle

Investment Insights

Based on property information with market context.

This offering is for a residential lot in a platted subdivision described as Legacy Subdivision in Waterloo, Illinois. Buyers may bring an approved builder, with home construction subject to building approval requirements noted in the disclosures, including a $3,000 deposit and a $600 non-refundable fee for the building approval process. Homeowners are also required to construct a 5-foot sidewalk at the time of home construction, with maintenance required for three years post-sale. An HOA fee of $360 is indicated in the remarks, and the property is listed as being in “Platted Subdv., Other.”

The development is described as positioned for convenient access to Waterloo, including being approximately 5 minutes from Waterloo’s busy square, and a short 5–7 minute drive to both the Junior High and Elementary Schools. The subdivision is also noted as being adjacent to Mystic Oak Golf Course.

Additional site-specific details are not provided in the available information, but the property is presented as a buildable residential lot within the subdivision’s stated requirements.

Key Highlights

  • Residential lot in a platted subdivision with City Street concrete road access and subdivision road surface type listed as concrete
  • HOA is $360 per homeowner, with no association amenities listed
  • Homeowners must build a 5‑foot sidewalk at the time of home construction, with maintenance required for three years post‑sale

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Plumbing Service Auto Repair Shop Storage Facility Big Box & Wholesale Store Kitchen & Bath Showroom Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

4
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential lot in a platted subdivision, with sidewalk construction requirements and HOA per homeowner obligations.
Where is this residential land & home lot located?
The property is located at 612 Legacy Drive Waterloo, IL.
What is the asking price?
The asking price for this property is $85,500.
What are key features of this property?
This property features: Residential lot in a platted subdivision with City Street concrete road access and subdivision road surface type listed as concrete; HOA is $360 per homeowner, with no association amenities listed; Homeowners must build a 5‑foot sidewalk at the time of home construction, with maintenance required for three years post‑sale
More about this property
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