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    Park St Rte 156 Waterloo, IL 62298

    Sponsored
    For Sale
    $371,400

    Prime I-1 zoned land, ideal for development. Excellent location & utilities.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12.38-acre parcel presents a rare opportunity for industrial development or investment in Waterloo, Illinois. Zoned I-1 Light Industrial, this property offers significant potential for a variety of uses. Strategically located along Park Street (Route 156) and Williamsburg Lane, it benefits from convenient access to major transportation arteries. The site is situated approximately 20 minutes from Interstate 255 and the Jefferson Barracks Bridge, ensuring seamless connectivity to regional and national markets. All utilities are available at or near the property, simplifying development plans and minimizing infrastructure costs. The asking price is $371,400, translating to a land value of $30,000 per acre. The property's APN is 07-26-400-010-000. The seller is open to considering the possibility of dividing the land to accommodate smaller-scale projects. This presents a unique opportunity for businesses seeking a well-located, readily-accessible industrial site in a growing area. The property is located in Monroe County, Illinois, with a zip code of 62298.

    Property Features for 0 Park St Rte 156

    General Information

    Property type
    Land
    Lot Size
    539,273 SF

    HighLights

    • 12.38‑acre I‑1 Light Industrial zoned land parcel in Waterloo, IL.
    • Convenient access to Route 156, Williamsburg Lane, I‑255, and the Jefferson Barracks Bridge.
    • All utilities available; $30,000 per acre; APN 07‑26‑400‑010‑000.
    • Seller open to subdividing; asking price $371,400.
    • Located in Monroe County, IL, zip code 62298.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waterloo
    County
    Monroe
    State
    Illinois
    Longitude
    -90.1504427
    Latitude
    38.332534

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    FAQs

    What type of property is this?
    Land - Prime I-1 zoned land, ideal for development. Excellent location & utilities.
    Where is this land located?
    The property is located at Park St Rte 156 Waterloo, IL.
    What is the asking price?
    The asking price for this property is $371,400.
    What are key features of this property?
    This property features: 12.38-acre I-1 Light Industrial zoned land parcel in Waterloo, IL.; Convenient access to Route 156, Williamsburg Lane, I-255, and the Jefferson Barracks Bridge.; All utilities available; $30,000 per acre; APN 07-26-400-010-000.
    (618) 277-4400
    Request Owner's contact information
    Park St Rte 156 Waterloo, IL 62298
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    Waterloo, IL 62298
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Park St Rte 156 Waterloo, IL 62298
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