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Property profile & analytics
OFF-MARKET
Office Spaces

1329 Illinois Route 3 Waterloo, IL 62298

3,360 SF Built 1996
Property ID
Property summary
AI-generated overview

This exceptional 1,640 square foot office space, located at 1329 N Illinois Route 3 in Waterloo, Illinois, presents a fantastic opportunity for businesses seeking a well-maintained and conveniently located workspace. The single-story building, constructed in 1996 and extensively renovated in 2020, offers a total of 3,360 square feet, divided into two suites. This particular suite comprises 1,640 square feet and features a versatile layout including a reception area, space adaptable for either four individual offices or three offices plus a conference room, two restrooms, a bullpen area, and a breakroom. The 8-foot ceilings provide a comfortable and spacious feel. Ample parking is available with 15 spaces on-site. The property is zoned B-2, allowing for a variety of commercial uses. Utilities are shared responsibly, with the landlord covering trash removal and the tenant responsible for water, sewer, gas, and electricity. Building signage is permitted. The property's APN is 07-13-101-007-000, located in Monroe County, Illinois, zip code 62298. This is an excellent opportunity to establish or expand your business in a thriving community.

Property profile
Verified
Property type Office Spaces
Year built 1996
Total area 3,360 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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