$825,000
$50K PRICE DROP

1053 Gilmore Lake Rd Waterloo, IL 62298

Estimated payment $4,752/month

Total Views 6,816
3 Beds
3.5 Baths
2,116 Sq Ft
$390 Price per Sq Ft

Highlights

  • Barn
  • 19.2 Acre Lot
  • Vaulted Ceiling
  • Rogers Elementary School Rated A-
  • Wooded Lot
  • Granite Countertops

About This Home

This stunning 3-bedroom, 3.5-bath home sits on 19.2 scenic acres—combining modern comfort with peaceful country living. Completely remodeled inside and out, this property is truly move-in ready in the Waterloo IL School District. The exterior shines with a new roof (2023), windows, doors, and gutters, while the interior features vaulted ceilings, a brand-new kitchen with granite countertops and cabinetry, updated flooring, and fresh paint throughout. Major improvements include a new septic system, updated electrical and plumbing, and professional waterproofing by Woods Basement Systems. Step out to the new back patio and take in the quiet surroundings and wildlife views. The land is a dream: approximately 10 wooded acres, a rock-bottom creek, and 4 acres of open pasture—ideal for animals, recreation, or simply relaxing in nature. Deer trails wind right through the timber, giving you the chance to step from your bedroom to your deer stand in minutes during bow season. With remnants of horse paddocks and outbuildings, this property also holds potential for a hobby farm or equestrian setup. All this privacy comes with convenience—just 9 minutes to Waterloo’s Walmart, 33 minutes to St. Louis, and 41 minutes to Scott AFB.

Listing Agent

Brenda Chandler

Property Peddler, Inc License #475162275 Listed on: 10/24/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,944

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 19.2 Acre Lot
  • Property fronts a county road
  • Partially Fenced Property
  • Wood Fence
  • Chain Link Fence
  • Gentle Sloping Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Additional Parking

Home Design

  • Farm
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,116 Sq Ft Home
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • No Kitchen Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Bathtub
  • Separate Shower

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Outbuilding

Schools

  • Waterloo Dist 5 Elementary And Middle School
  • Waterloo High School

Farming

  • Barn
  • 4 Acres of Pasture
  • Pasture

Utilities

  • No Cooling
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 08-09-300-002-000

Property Details

Property Type

Other

Est. Annual Taxes

$4,944

Year Built

Built in 1961 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Farm
  • Year Built: 1961
  • Directions: GPS Friendly - From Hamacher/Floraville Rd in Waterloo turn left onto Gilmore Lake Rd. In about a mile property is on the left.
  • Property Sub-Type: Farm
  • ResoLotFeatures: Gently Rolling, Pasture, Wooded
  • Lot Size Acres: 19.2
  • Road Frontage Type: County Road
  • Road Surface Type: Chip And Seal, Paved
  • Co List Office Mls Id: MISPDLR01
  • Co List Office Phone: 618-473-2500
  • Co List Office Phone: 618-473-2500
  • Outside Inclusions: Mineral Rights if Owned
  • MLS Status: Active
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2116
  • Architectural Style: Other
  • Carport Y N: No
  • Habitable Residence: Yes
  • New Construction: No
  • ResoPropertyCondition: Updated/Remodeled
  • Financial Info Electric: Other
  • MIS_AboveGradeFinishedAreaSrchSqFt: 2116.00
  • PreviousStatus: Coming Soon
  • MIS_SellerConsiderConcessionYN: 1
  • MIS_PoolYN: 0
  • MIS_AuctionYN: 0
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Basement: Bathroom, Full, Unfinished, Walk-Out Access
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Custom Cabinetry, Double Vanity, Granite Counters, Kitchen/Dining Room Combo, Pantry, Recessed Lighting, Separate Shower, Tub, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: None
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • MIS_LowerLevelBathroomsFull: 1
  • MIS_LowerLevelBathroomsHalf: 0
  • MIS_LowerLevelBedrooms: 0
  • MIS_MainLevelBathroomsFull: 1
  • MIS_MainLevelBathroomsHalf: 1
  • MIS_UpperLevelBathroomsFull: 1
  • MIS_UpperLevelBathroomsHalf: 0
  • MIS_UpperLevelBedrooms: 2

Exterior Features

  • Fencing: Chain Link, Partial, Wood
  • Roof: Architectural Shingle
  • Waterfront: No
  • Disclosures: See Seller's Disclosure
  • Construction Type: Vinyl Siding
  • Other Structures: Barn(s), Outbuilding

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Attached Garage: Yes
  • Parking Features: Additional Parking, Attached, Garage, Detached
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Utilities: Electricity Available, Natural Gas Available, Water Available, Sewer Available
  • Water Source: Well

Schools

  • Elementary School: WATERLOO DIST 5
  • Junior High Dist: Waterloo DIST 5
  • High School: Waterloo
  • Middle Or Junior School: WATERLOO DIST 5

Lot Info

  • Lot Size Sq Ft: 836352
  • Pasture Area: 4
  • Parcel Number: 08-09-300-002-000

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4944

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,944 $90,899 $20,015 $70,884
2023 $4,391 $77,449 $18,829 $58,620
2022 $4,365 $75,792 $18,592 $57,200
2021 $4,276 $72,749 $18,379 $54,370
2020 $3,729 $62,516 $18,186 $44,330
2019 $3,757 $62,296 $17,956 $44,340
2018 $3,685 $59,541 $17,771 $41,770
2017 $3,570 $60,419 $17,925 $42,494
2016 $0 $58,493 $18,633 $39,860
2015 $2,927 $50,652 $10,232 $40,420
2014 $2,995 $53,469 $10,179 $43,290
2012 -- $50,778 $10,018 $40,760
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2025 11/13/25 Price Changed $825,000 -5.7% $390 / Sq Ft
11/12/2025 11/12/25 For Sale $875,000 0.0% $414 / Sq Ft
10/24/2025 10/24/25 For Sale $875,000 +150.0% $414 / Sq Ft
09/13/2024 09/13/24 Sold $350,000 +4.5% $183 / Sq Ft View Prior Sale
08/14/2024 08/14/24 Pending -- -- --
08/07/2024 08/07/24 For Sale $334,900 -4.3% $175 / Sq Ft
08/07/2024 08/07/24 Off Market $350,000 -- --
Source: MARIS MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $350,000 Accent Title
Source: Public Records

Source: MARIS MLS

MLS Number: MIS25070422

MARIS MLS

APN: 08-09-300-002-000