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Waterman, Illinois, is a village of about 1,500 residents, known for its agricultural roots and peaceful lifestyle. Bayer Crop Science’s seed corn processing plant is the largest local employer, reflecting the area's farming heritage. Recreational activities include hiking and fishing at Lions Community Park, which has a playground and walking trail. Nearby Shabbona Lake State Park offers fishing, boating and winter sports, while the Aurora Sportsmen’s Club provides gun and archery ranges. Housing in Waterman features everything from early 1900s cottages and National Folk-style homes to midcentury ranch styles and modern designs in the Green Ridge subdivision. Homes in the village center are shaded by trees, while those in rural areas have acreage and often feature barns or silos. Occasional noise from passing freight trains occurs near the railroad. Waterman has a lower crime risk compared to the national average. The village hosts the Waterman Lions Summerfest and Antique Tractor and Truck Show, a mid-July event with antique tractors, craft vendors, train rides, live music and fireworks. Dining options include Pub West and Wild Carrot Cooking Company, with more shopping available in nearby Hinckley and DeKalb. Indian Creek Elementary School is highly rated, and the high school offers dual-credit courses through Kishwaukee College. State Route 23 and U.S. Route 30 connect Waterman to Aurora and Chicago, with Chicago Rockford International Airport 50 miles north.
On average, homes in Waterman, IL sell after 27 days on the market compared to the national average of 53 days. The median sale price for homes in Waterman, IL over the last 12 months is $272,000, down 11% from the median home sale price over the previous 12 months.