61 Acres on Hwy
For Sale
Contact for pricing
Hwy 3, Waterloo, IL
61 acres with mixed-use potential in Waterloo, Illinois.
Property SizeContact for details
Lot Size61.00 Acres
Days on Market275
Property Features for Hwy 3
General Information
Standard status
Active
Lot size
61.00 Acres
Property subtype
LAND
Listing Agency:
Wittenauer Properties
(618) 719-1197
Listed By:
David Wittenauer · License #1999074639
(618) 719-1197
Source:
Moodyscre
Added: Nov 18, 2025
Changed: Aug 8
Last Checked: Aug 20 at 12:20PM
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 Wittenauer Properties
Investment Insights
Based on property information with market context.
This 61-acre property, divisible for development, is located within an Enterprise Zone and is zoned B-3 Commercial and I-1 Light Industrial. It features approximately 0.5 miles of frontage on Highway 3, which experiences 15,000 vehicles per day, and 0.5 miles of frontage on Gall Road. The site presents mixed-use development potential for commercial and residential projects. Water, sewer, electric, and gas utilities are available in the adjacent right-of-way. The property benefits from a central location in Waterloo, situated in an area experiencing ongoing development. The broker has an ownership interest in the property.
Key Highlights
- 1.61 acres, will divide: Offers flexibility.
- Zoned B‑3 Commercial and I‑1 Light Industrial: Allows for a wide range of activities.
- ½ mile frontage on Hwy 3 with 15,000 Traffic Counts: Provides high visibility.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
427
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Land - 61 acres with mixed-use potential in Waterloo, Illinois.
Where is this land located?
The property is located at Hwy 3 Waterloo, IL.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: 1.61 acres, will divide: Offers flexibility.; Zoned B‑3 Commercial and I‑1 Light Industrial: Allows for a wide range of activities.; ½ mile frontage on Hwy 3 with 15,000 Traffic Counts: Provides high visibility.**
