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    Property profile & analytics

    316 Ml St Waterloo, IL 62298-1243

    • Investment properties
    • 2,312 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Last Sale
    Mar 01, 2023
    $385,000
    Location Intelligence
    Property ID
    US28-5279022
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 316 Ml St

    Year built
    1885
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.28 lot acres
    Property size
    2,312 SF
    Zone code
    WB3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    07-25-249-010-000
    APU
    725249010000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $390,000

    • CAP approach

      CAP return
      Estimation
      6%
      $315,000
      6.5%
      $330,000
      7%
      $355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $405,000
      Geo Method
      $400,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $335,000
      Retail
      $340,000
      Mixed-Use
      $310,000
      Hospitality
      $330,000
      Educational
      $305,000
      Residential Income
      $375,000
      Energy
      $385,000
      Income-Based Land
      $320,000
      Food Service
      $325,000

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Monroe
    State
    Illinois
    Longitude
    -90.1546
    Latitude
    38.3352
    CBSA code
    41180
    CBSA name
    ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,609
    $15,200
    $74,290
    $89,490
    -
    $45,600
    $222,870
    $268,470

    Comparable in this City

    • Value Estimation
      $105,000
      768 SF

      201 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 768 SF
      201 Main St, Waterloo, IL 62298-1231
      View Details
    • Value Estimation
      $300,000
      1,791 SF

      111 Market St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,791 SF
      111 Market St, Waterloo, IL 62298-1530
      View Details
    • Value Estimation
      $300,000
      2,896 SF

      725 Market St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,896 SF
      725 Market St, Waterloo, IL 62298-1003
      View Details
    • Value Estimation by Request
      0.56 Acres

      150 Waterloo Commons Dr

      Individual retail properties • 0.56 Acres
      150 Waterloo Commons Dr, Waterloo, IL 62298
      View Details
    • Value Estimation by Request
      3.07 Acres

      Waterloo, IL 62298

      COMMERCIAL (GENERAL) • 3.07 Acres
      Waterloo, IL 62298
      View Details
    • Value Estimation by Request
      0.74 Acres

      Waterloo, IL 62298

      COMMERCIAL (GENERAL) • 0.74 Acres
      Waterloo, IL 62298
      View Details

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      Residential Lot in Waterloo, Illinois

      Half-acre residential building lot near Waterloo Square and Mystic Golf Course.
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    • $58,800
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      Residential Lot in Waterloo, Illinois

      Half-acre residential building lot near Waterloo Square and Mystic Golf Course.
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      Residential Lot in Legacy, Waterloo

      0.51-acre lot in developing Legacy neighborhood near Mystic Oak Golf Course.
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    Similar Nearby for Lease

    • $5,000 /Mo
      14,318 SF

      Mixed-Use Building in Central Waterloo

      Spacious commercial building with potential for diverse ventures.
      111 W 3Rd St, Waterloo, IL 62298
      View Details
    • $15 SF/Yr
      7,200 SF

      Waterloo Office/Retail Space for Lease

      1,800 SF, High-Traffic Location, Immediate Occupancy
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      View Details
    • Contact for pricing
      212,574 SF

      Waterloo Commons Outlots: Prime Retail Land

      Illinois Retail Land: Multiple Outlots Available
      150 Waterloo Cmns Dr, Waterloo, IL 62298
      View Details
    • Contact for pricing
      7,048 SF

      Retail Space in Waterloo, IL

      Retail or office space with high visibility and ample parking.
      100 Plaza Dr, Waterloo, IL 62298
      View Details
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    316 Ml St
    Waterloo, IL 62298-1243
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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
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