0 Northwinds Dr Waterloo, IL 62298
This exceptional 1.88-acre commercial land parcel presents a unique investment opportunity in Waterloo, Illinois. Priced at $122,839 ($1.50/sq ft), this bank-owned property boasts a highly visible location along Route 3, ensuring maximum exposure for any future development. The lot is zoned B-3, offering a wide range of potential uses. All utilities and street improvements are already in place, significantly reducing development costs and timelines. Adding to its appeal, this property is situated within an Enterprise Zone, potentially offering attractive tax incentives and benefits for qualified businesses. The property's APN is 07-12-165-005-000. This prime location, coupled with the existing infrastructure and zoning, makes this a truly exceptional opportunity for developers and investors seeking a strategic foothold in a thriving area. The land is conveniently located on Northwinds Dr, Waterloo, IL 62298, in Monroe County. The sale price per acre is $65,340. Don't miss this chance to acquire a ready-to-develop commercial site in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.