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N Main St
Waterloo, IL 62298
2.0 Acre Multi-Family Development Site · Land For Sale · 2.00 AC

Executive Summary

2 Acre site with site plan for 16 unit multi-family development. Contact broker for additional site information.
Positioned along North Main Street — Waterloo’s primary arterial corridor — this 2 acre infill site sits north of the downtown core, offering residents access to the city’s amenities and street connectivity. The footprint supports a 16-unit multifamily development, integrating into an established residential neighborhood bordered by Church Street to the west. The property is located minutes from Waterloo’s dining, shopping, and entertainment destinations, making it a development site within the Metro East market.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 2.00 AC
Zoning WR3 - WR3/improved residential district

1 Lot Available

Lot

Price $295,000
Price Per AC $147,500.00
Lot Size 2.00 AC

2 Acre site with site plan for 16 unit multi-family development. Contact broker for additional site information.

Property Taxes

Property Taxes

Parcel Number
07-25-204-006-000
Land Assessment
$3,073
Improvements Assessment
$0
Total Assessment
$3,073
  • Listing ID: 40322382

  • Date on Market: 4/28/2026

  • Last Updated:

  • Address: N Main St, Waterloo, IL 62298

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