24

Waterloo, IL Homes for Sale under $200,000

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  • /20

    $200,000

    $50K PRICE DROP Pending
    • 3 Beds
    • 1 Bath
    • 1,512 Sq Ft

    3028 Hh Rd, Waterloo, IL 62298

    Looking for a project that actually pays off? This 3-bedroom bungalow sits on 8 prime acres in Waterloo and is ready for a complete transformation. Whether you’re looking to strip it to the studs for a modern farmhouse renovation or clear the site for a brand-new build, this much land in this location is a rare find. Forget the tiny subdivision lots—here you have the space to breathe, grow, and

    Agent Photo

    Laura Wehnes

    Keller Williams Realty Platinum East

    (618) 740-2319

    3028 Hh Rd, Waterloo, IL 62298
  • /43

    $150,000

    • 2 Beds
    • 2 Baths
    • 1,410 Sq Ft

    539 S Main St, Waterloo, IL 62298

    Nestled in the heart of Waterloo and just a short distance to the charming downtown square, which is home to local restaurants, community events, and parades, this 2-bedroom, 2-bathroom home is full of character and waiting for its next chapter. With good bones and a layout that works, it's the perfect opportunity for a buyer ready to put their personal touch on a solid investment. The main floor

    Stacey LaCroix Strano & Associates

    539 S Main St, Waterloo, IL 62298
  • /5

    $47,500

    • Land
    • 1.38 Acres
    • $34,420 per Acre

    0 Lot 5 Plaza Pkwy, Waterloo, IL 62298

    Looking for a building site for your new home? This lot is 1.38 acres located in New Design Plaza, a country subdivision with easy access to State Route 3. Located within minutes of Waterloo. Your plans-your builder. Plans to be approved by seller. Minimum sq ft. of 1400. Association fee is $45.00 a month covering pumping of individual sewer system & maintenance of community mound system. Public

    Tina LaChance Strano & Associates

    0 Lot 5 Plaza Pkwy, Waterloo, IL 62298
  • /6

    $95,000

    • Land
    • 2.99 Acres
    • $31,773 per Acre

    1053 Country Club Ln, Waterloo, IL 62298

    Build your dream home on this beautiful 2.99-acre homesite in the highly sought-after Waterloo area. Nestled along Country Club Lane, this spacious parcel offers the perfect blend of privacy, open space, and convenient access to town amenities. Enjoy a peaceful country atmosphere with plenty of room for a custom home. Located within the Waterloo School District and just minutes from shopping,

    Christen Murphy Nettwork Global

    1053 Country Club Ln, Waterloo, IL 62298
  • /2

    $118,000

    $12M PRICE DROP Under Contract
    • 1 Bed
    • 1 Bath
    • 672 Sq Ft

    410 S Market St, Waterloo, IL 62298

    Great for Investment, a cozy starter home, or for someone who doesn't need much living area but wants a nice yard and Garage.There are tenants in the property so notice is needed prior to showing and tenants rights for possession. If it is being purchased as an investment or rental property the tenants would like to remain renting the property. The rent is currently $900 a month.

    JoAnn Meier RE/MAX First Choice

    410 S Market St, Waterloo, IL 62298
  • /3

    $45,000

    $3K PRICE DROP
    • Land
    • 1.38 Acres
    • $32,609 per Acre

    0 Lot 7 Plaza Pkwy Unit MIS25058488, Waterloo, IL 62298

    Looking for a building site for your new home? This building site consists of 1.377 acres in New Design Plaza, a country subdivision with easy access to State Route 3 and located within minutes of Waterloo. Your plans-your builder. Plans to be approved by seller. Minimum 1400 sq. ft. Association fee is $45.00 a month covering pumping of individual sewer system & maintenance of community mound

    Tina LaChance Strano & Associates

    0 Lot 7 Plaza Pkwy Unit MIS25058488, Waterloo, IL 62298
  • /19

    $142,000

    Under Contract
    • 3 Beds
    • 2 Baths
    • 1,456 Sq Ft

    6401 S Ronnie Dr, Waterloo, IL 62298

    Welcome to your opportunity on beautiful Lake Ronnie, just outside of Waterloo, IL! Nestled on a peaceful wooded setting, this 3-bedroom, 2-bath ranch offers privacy, space, and incredible potential in a highly desirable location. Step inside to find a spacious living room featuring a stunning stone fireplace, a functional kitchen with ample cabinetry, and a dedicated dining area with built-in

    Brooke Mitchell Keller Williams Pinnacle

    6401 S Ronnie Dr, Waterloo, IL 62298
  • /27

    $179,900

    $10K PRICE DROP Under Contract
    • 3 Beds
    • 2 Baths
    • 1,596 Sq Ft

    108 Rau St, Waterloo, IL 62298

    Fantastic opportunity to own a charming multi-unit property in the highly sought-after downtown Waterloo area. This well-maintained home features 2 units. The Main Unit includes 2 Bedrooms, 1 Bathroom and Spacious living area with Sunroom. The Upstairs Unit includes 1 Bedroom, 1 Bathroom. This unit is Cozy and private, ideal for tenants or as a home office. Upstairs unit is all Electric.

    Vicki Bedwell eXp Realty

    108 Rau St, Waterloo, IL 62298
  • /22

    $190,000

    • Land
    • 19 Acres
    • $10,000 per Acre

    000 Vandebrook Dr, Waterloo, IL 62298

    Price listed is starting bid only. Tract 2 – 19.0 +/- Acres Also featuring Vandebrook Drive frontage with approximately 17.5 +/- tillable acres. Ideal for continued agricultural use or future transition. Also a strong candidate for development or investment hold. TERMS AND CONDITIONS APPLY Listing price is not indicative of the reserve. Live & Online Auction – June 24, 2026 at 6:30 PMLive

    Brenda Chandler Property Peddler, Inc

    000 Vandebrook Dr, Waterloo, IL 62298
  • /11

    $60,000

    • Land
    • 17,859 Sq Ft
    • $146,341 per Acre

    1004 Oak Creek Ln, Waterloo, IL 62298

    Discover the perfect setting for your forever home in the heart of Waterloo, IL. This beautiful 0.41-acre lot in Creekside Estates boasts a serene, wooded view and the ideal topography for a walk-out basement. Experience quiet, upscale living in a location that truly has it all.

    Raquel Vice Century 21 Advantage

    1004 Oak Creek Ln, Waterloo, IL 62298
  • /5

    $48,900

    • Land
    • 17,859 Sq Ft
    • $119,268 per Acre

    5914 Willow Oak Ln, Waterloo, IL 62298

    Build Your Dream Home in a Peaceful Country Setting!Welcome to 5914 Willow Oak Lane — a beautiful corner lot surrounded by scenic countryside views. This spacious homesite offers the perfect setting for your custom build, with potential for a daylight basement. Enjoy the tranquility of country living while remaining just minutes from town conveniences, shopping, and schools. Don’t miss this

    Steven Bennett RE/MAX Signature Properties

    5914 Willow Oak Ln, Waterloo, IL 62298
  • /29

    $189,900

    $45K PRICE DROP Pending
    • 3 Beds
    • 2 Baths
    • 1,470 Sq Ft

    203 E Mill St, Waterloo, IL 62298

    Charming historic home just one block from Waterloo’s City Square. This 3 bed, 2 bath home offers 1,470 sq ft of living space with a functional layout, including a formal dining room with French doors and plenty of natural character throughout.Situated on a corner lot with a large partially fenced backyard, the property also features an oversized 2-car garage with workshop space and attic

    Rodney Holt Real Broker LLC

    203 E Mill St, Waterloo, IL 62298
  • /9

    $57,500

    $8K PRICE DROP
    • Land
    • 13,939 Sq Ft
    • $179,688 per Acre

    1131 Castle Green Dr, Waterloo, IL 62298

    Here's your opportunity to make the home of your dreams come true! Offering a 3/4 acre level, buildable lot ready for your new home! Situated in the second phase of Country Club Hills Subdivision with great access to nearby Route 3, shopping, conveniences, schools and employment opportunities. Since it is located at the northern area of Waterloo, it provides an easy commute to St. Louis,

    Kim Ruhl RE/MAX Results Realty

    1131 Castle Green Dr, Waterloo, IL 62298
  • /4

    $65,000

    • Land
    • 1.85 Acres
    • $35,135 per Acre

    Lot 8 Plaza Pkwy, Waterloo, IL 62298

    Looking for a building site for your new home? This building site consists of 1.85 acres in New Design Plaza, a country subdivision with easy access to State Route and located within minutes of Waterloo. Your plans-your builder. Plans to be approved by developer/seller. Minimum sq. ft. 1400. Association fee is $45.00 a month covering pumping of individual sewer system & maintenance of community

    Rebecca DeMond RE/MAX Preferred

    Lot 8 Plaza Pkwy, Waterloo, IL 62298
  • /13

    $87,500

    $3K PRICE INCREASE
    • Land
    • 22,215 Sq Ft
    • $171,569 per Acre

    588 Legacy Dr, Waterloo, IL 62298

    Discover the perfect lot for your dream home in the Legacy neighborhood of Waterloo! Nestled in a new development, this spacious 0.51-acre lot offers an exceptional opportunity to build your ideal single-family home. With a backdrop of mature trees, this property provides both privacy and natural beauty. Located across the street from Mystic Oak Golf Course, you'll enjoy the luxury of being close

    Monica Schmidt eXp Realty

    588 Legacy Dr, Waterloo, IL 62298
  • /10

    $55,000

    • Land
    • 17,424 Sq Ft
    • $137,500 per Acre

    304 E 3rd St, Waterloo, IL 62298

    Prime commercial opportunity in the heart of Waterloo! This 0.4 +/- acre lot, located directly across from the post office, offers a great opportunity for your next business venture or investment property. With convenient access and a central in-town location, the lot is well suited for office space, retail, professional services, or other commercial development. Don’t miss the potential this

    Brenda Chandler Property Peddler, Inc

    304 E 3rd St, Waterloo, IL 62298
  • /24

    $94,900

    $45K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,240 Sq Ft

    222 Buchanan St, Waterloo, IL 62298

    This house is situated in rural St. Clair county. There are 4 lots that equal around a half an acre. This is a 1.5 story 3 bedroom 1 bath home with a living room, a den a large laundry room, an upper loft/playroom and a basement. There is an attached storage building and an attached 2 car garage. There is also a detached storage shed.. The County records show that the home was updated in 1995..

    Suzanne Mitchell-Santos Realty Center Usa, Llc

    222 Buchanan St, Waterloo, IL 62298
  • /2

    $125,000

    • Land
    • 3.25 Acres
    • $38,462 per Acre

    0 Ahne Rd, Waterloo, IL 62298

    Only 2 Lots Left! These Lots were established just prior to July 1, 1995 when Monroe County changed the zoning regulations from 2.5 acres to 10 acre tracks of land. They are the only ones of their kind and are located on the highest elevation in Monroe County. They are located in Madonnaville on Ahne Road, just minutes from Waterloo off the Maeystown Rd. They are 4 miles from the acorns golf

    JoAnn Meier RE/MAX First Choice

    0 Ahne Rd, Waterloo, IL 62298
  • /6

    $42,995

    • Land
    • 17,859 Sq Ft
    • $104,866 per Acre

    5902 Willow Oak Ln, Waterloo, IL 62298

    COME BUILD YOUR DREAM HOME IN THIS CHARMING COMMUNITY OF OAK VALLEY ESTATES! This scenic neighborhood offers affordable country living at its best. This .40 acre lot provides ample space for most floorplans. Bring your own plans and your own builder! The property has city water available, a collective sewage system and is electric and propane ready.

    Janell Schmittling Homes By Janell

    5902 Willow Oak Ln, Waterloo, IL 62298
  • /4

    $47,500

    • Land
    • 1.38 Acres
    • $34,420 per Acre

    0 Lot 6 Plaza Pkwy, Waterloo, IL 62298

    Looking for a building site for your new home? This building site consists of 1.377 acres in New Design Plaza, a country subdivision with easy access to State Route and located within minutes of Waterloo. Your plans-your builder. Plans to be approved by seller. Minimum sq. ft. 1400. Association fee is $45.00 a month covering pumping of individual sewer system & maintenance of community mound

    Tina LaChance Strano & Associates

    0 Lot 6 Plaza Pkwy, Waterloo, IL 62298
  • /10

    $150,000

    • Land
    • 3.12 Acres
    • $48,077 per Acre

    Lot 19 Kk Rd, Waterloo, IL 62298

    Rare opportunity to build at one of Monroe County's highest elevations! Lot 19 KK Road offers 3.12 open, ready-to-build acres with sweeping, long-range views over rolling farmland and woods, plus broad frontage on paved KK Road. One of a small handful of grandfathered tracts created before the county's 10-acre minimum. The gently rolling ground is ideal for a walk-out design. Fountain water,

    Kim Ruhl RE/MAX Results Realty

    Lot 19 Kk Rd, Waterloo, IL 62298
  • /2

    $165,000

    • Land
    • 7.14 Acres
    • $23,109 per Acre

    0 7 14 Ac Kaskaskia Rd, Waterloo, IL 62298

    Discover 7.14 scenic acres featuring a beautiful pond, offering the perfect balance of open space and natural beauty. Located off Kaskaskia Road, this lot provides Fountain Water District access at the road and is just 11 minutes from Waterloo, IL in the Waterloo School District. Whether you're looking to build a dream home, enjoy recreational space, or invest in land, this property is an

    Brenda Chandler Property Peddler, Inc

    0 7 14 Ac Kaskaskia Rd, Waterloo, IL 62298
  • /3

    $85,500

    • Land
    • 22,651 Sq Ft
    • $164,423 per Acre

    612 Legacy Dr, Waterloo, IL 62298

    Discover the charm of Waterloo’s newest residential development—Legacy Subdivision. Perfectly positioned for those seeking both convenience and tranquility, this thoughtfully planned neighborhood is ideal for your custom-built dream home.Located just minutes from the heart of Waterloo, Legacy Subdivision combines accessibility with peaceful living. Enjoy being only 5 minutes from Waterloo's

    Sarah Jenkins Keller Williams Pinnacle

    612 Legacy Dr, Waterloo, IL 62298
  • /8

    $199,900

    Under Contract
    • Land
    • 10 Acres
    • $19,990 per Acre

    xxx Kk Rd, Waterloo, IL 62298

    Looking for the perfect place to build your Dream Home?? Look no further... This ~10 acres is exactly what you’ve been searching for. Located in a quiet rural setting providing the perfect canvas for your dream home and only 11 minutes from downtown Waterloo! With Fountain Water District access at the road, you’ll enjoy convenience and picturesque views of nature. Located in the Waterloo School

    Mandy McGuire Keller Williams Pinnacle

    xxx Kk Rd, Waterloo, IL 62298

Home Prices in Waterloo, IL

Home Price Trends

Median Sale Price
$624,500
Median Single Family Sale Price
$624,500
Average Price Per Sq Ft
$228
Number of Homes for Sale
0
Last 12 months Home Sales
2
Months of Supply
0.00
Median List Price
$649,950
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
12%
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