Property profile

1323 Illinois Rte 3rd 3 Waterloo, IL 62298

OFF-MARKET
Commercial real estate
Property ID
US28-2292053
1.3 ac lot
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.3 ac (56,628 SF)
Zoning code WB2
APN 07-13-101-008-000
UPID US28-2292053

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1323 Illinois Rte 3rd 3 Waterloo, IL 62298-3249
Waterloo metro Census 600402 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.03M

Owner & transaction history

since 2025
Last sale
$1.0M
5 recorded transactions
2025
$1.0M
2021
$25,000
2016
Price N/A
2008
$850,000
1969
Price N/A

Zoning & alternative use

WB2 · Waterloo, IL
Zoning description

District is intended to provide for the establishment of certain highway- oriented commercial activities

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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