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Property profile & analytics

509 Hamacher St Waterloo, IL 62298-1592

  • Office Properties & Spaces
  • 3.05 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US28-4908749
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office Properties & Spaces

Property Details for 509 Hamacher St

Lot size
3.05 lot acres
Zone code
WR5
Property type
Office Properties & Spaces
APN
08-19-401-001-000
APU
819401001000

Description

This exceptional investment opportunity encompasses three medical office buildings totaling 41,485 square feet, strategically located in Waterloo, Illinois. The property sits on a sizable 8.03-acre lot, providing ample space for expansion or future development. The buildings currently house a diverse mix of medical tenants, making this a stable and attractive investment. The sale includes three distinct parcels: Lot 4 (1.32 acres), Lot 5 (2.41 acres), and Lot 6 (4.3 acres) of vacant land. This is the only medical office complex in Waterloo, offering a unique opportunity to acquire a dominant position in the local healthcare market. The buildings are well-maintained and provide ample space for lease to medical professionals. The property's location in Monroe County, Illinois, offers convenient access to major transportation routes and a growing community. This is a rare chance to purchase a substantial medical office portfolio with significant potential for growth and return on investment. Detailed financial information is available upon request. The property is offered for sale as a complete package, presenting a compelling opportunity for investors seeking a strong foothold in the Illinois medical real estate market. Contact us today to learn more about this exceptional offering.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Waterloo
County
Monroe
State
Illinois
Longitude
-90.1357
Latitude
38.3444
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$70,425
$22,130
$1,101,430
$1,123,560
-
$66,390
$3,304,290
$3,370,680
More about this property
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