Price Reduction - New Construction
0 Willow Oak Lane Waterloo, IL
$ 499,900
Property Attributes
  • MLS#21045719
  • TypeLand
  • CountyMONROE-IL
  • CityWaterloo
  • NeighborhoodNor in a subdivision
  • Zip62298
  • StyleAgricultural Land,Single Family
  • Taxes$ 272
  • Price$ 499,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size25.66 Acres
Listing Provided Courtesy Of:
Tammy Mitchell Hines & Co.
Data Source:
Mid America Regional Information Systems (MARIS) - 71 - MO
Property Description

Remarkable opportunity to obtain almost 26 pre engineered acres in Waterloo School District w/a preliminary plat for 50+ homesites. Property has been designed & engineered as an additional phase to the highly successful Oak Valley subdivision just S of Waterloo, not far from the high school. Property could also continue as agriculture property or be considered for a variety of uses. The South corridor factors heavily into Monroe County's future development plans. Preliminary Plat & all existing engineering ($100,000 by TWM) comes w/property & is available for review.$400,000 turn lane has been installed to meet DOT requirements. Developers have run city water to site & electricity is also available at the property line. Designed for neighborhood propane gas w/community tanks & individually meters. Designed for mound sewer system. The advanced level of planning will give you a jump start on building homes. Low resale home inventory creates a fantastic opportunity for new construction.

Elementary School Middle School High School
Waterloo Dist 5 Elementary School Waterloo Dist 5 Middle School Waterloo High School
Price History
7/13/2021 Listed $569,000
11/5/2021 13% - $499,900

General Features

City Waterloo
County Monroe-IL
Days on Market 115
Development Status Plat Designed, Surveyed
Disclosures Unknown, Vacant Land
Elementary School WATERLOO DIST 5
High School Waterloo
High School District Waterloo DIST 5
Lot Size Square Feet 1117750
Middle/Junior High School WATERLOO DIST 5
Other Structures None
Ownership Type Private
Possession Close Of Escrow
Property SubType Residential Lots
Property Type Land
Sewer None
Showing Instructions Appt. through MLS
Standard Status Active
Street Name Willow Oak Lane
Subdivision Name Nor in a subdivision
Tax Annual Amount 272
Tax Year 2019
Topography Cleared, Gently Rolling, Level Lot, Level to Gently Roll
Utilities Electricity Available
Virtual Tour
Zoning Agricultural

Exterior Features

Lot Dimensions 25.66
Lot Features Level Lot, Other, Suitable for Horses
Lot Size Acres 25.66
Lot Size Source County Records
Number of Lots 1
Road Frontage Type City Street
Road Surface Type Asphalt, Concrete
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 62298

AVG $80K
AVG $232
AVG 16

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