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. Additional Features include Separate fenced backyard-perfect for outdoor enjoyment or gardening, Prime location-within walking distance to shops, restaurants, and transit. Potential for strong rental income or multi-generational living. Perfect for investors, first-time buyers, or those looking for a live-in income property. Don’t miss out on this fantastic downtown Waterloo gem! Tenant pays all utilities.
Est. $1,378 per month, based on comparable rentals
Sale and tax history for 108 Rau Street St
Sale History
Tax History
Date
Event
Price
Public Records
Jul 28, 2026
Sold
$170,000
$107/sq ft
MARIS as Distributed by MLS Grid #26012867
Jul 27, 2026
Sold
*
Jun 11, 2026
Contingent
—
Apr 2, 2026
Price Changed
$179,900
$113/sq ft
Mar 5, 2026
Listed
$189,900
$119/sq ft
MARIS as Distributed by MLS Grid #25020931
Apr 4, 2025
Listed
$199,900
$125/sq ft
MARIS as Distributed by MLS Grid #25003364
Apr 4, 2025
Delisted
—
Jan 24, 2025
Listed
$210,000
$132/sq ft
Jan 22, 2025
Coming Soon
*
Public Records
Oct 5, 2020
Sold
$135,000
$85/sq ft
MARIS as Distributed by MLS Grid #20054005
Oct 5, 2020
Pending
—
Oct 2, 2020
Sold
*
Aug 25, 2020
Contingent
—
Aug 20, 2020
Listed
$115,000
$72/sq ft
Public Records
Oct 6, 2000
Sold
$59,000
$37/sq ft
Public Records
Sep 3, 1980
Sold
$35,000
$22/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$3,141 (+6.3%)
$15,950 + $38,750
$54,700
2023
$2,954 (−1.1%)
$15,704 + $37,354
$53,058
2022
$2,986 (+12.4%)
$14,630 + $32,490
$47,120
2021
$2,656 (+2.7%)
$14,870 + $31,990
$46,860
2020
$2,586 (+4.1%)
$9,300 + $31,480
$40,780
2018
$2,484 (+2.8%)
$9,300 + $28,430
$37,730
2017
$2,416 (+5.3%)
$7,340 + $28,430
$35,770
2016
$2,295 (+10.8%)
$5,900 + $28,430
$34,330
2015
$2,071 (+0.1%)
$5,900 + $28,430
$34,330
2014
$2,068 (−2.6%)
$6,840 + $24,380
$31,220
2013
$2,123
$6,840 + $26,400
$33,240
Public record
Public record
Zoning
Beds
3
Baths
4
Stories
1.5
Lot width
—
Lot depth
—
Lot size
7,120 Sq. Ft.
Year renovated
1918
Sq. Ft.
896
Year built
1918
Style
Single Family Residential
County
Monroe County
APN
07-25-181-036-000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 14, 2026.
B3
Central Business District
The Central Business District is intended to provide for areas in which pedestrian-oriented comparative shopping facilities for retail sales and services would be encouraged and inappropriate or incompatible uses would be prohibited. Refuse containers shall not be located in any required front or side yard setback area. Said containers shall be enclosed by either fencing of 6 ft in height or applicable screening.
Permitted uses
Include but are not limited to:
Community / recreation center
Bank
General retail
Restaurant
Tavern / bar / nightclub / micro-Brewery
Housing-Senior
Bed & breakfast
Office
Medical office
Theater / performing arts facility
Property details
Parking
Parking Information
Parking Total: 0
Parking Features: Additional Parking, Alley Access, Off Street
Carport Spaces: 0
Interior
Bedroom Information
# of Bedrooms: 3
# of Bedrooms Main: 2
Main And Upper Level Bedrooms: 3
Upper Level Bedrooms: 1
Lower Level Bedrooms: 0
Bathroom Information
# of Full Baths (Total): 2
Main Level Bathrooms Half: 0
Main Level Bathrooms Full: 1
Main And Upper Level Bathrooms: 2
Upper Level Bathrooms Half: 0
Upper Level Bathrooms Full: 1
Lower Level Bathrooms Half: 0
Lower Level Bathrooms Full: 0
Basement Information
Has Basement
Basement Features: 8 ft + Pour, Unfinished, Walk-Up Access
Other Rooms Information
Room Count: 0
# of Rooms: 6
Heating & Cooling
Heating Information: Forced Air, Electric, Natural Gas
Cooling Information: Central Air, Electric
Interior Features
Appliances: Electric Water Heater, Gas Water Heater
Exterior
Building Information
Construction Materials: Wood Siding
Pool Information
Pool YN: 0
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area: 1,596
Above Grade Finished Area Source: Assessor
Lot Information
Lot Features: Back Yard, Corner Lot
Lot Size Acres: 0.1635
Lot Size Dimensions: 61x110
Lot Size Source: Public Records
Financial
Tax Information
Tax Annual Amount: $3,237
Tax Annual Amount Description: No Exemptions
Tax Year: 2025
Property Assessment City Tax YN: 0
Lease / Rent Details
Lease Considered YN: No
Financial Information
Second Mortgage YN: 0
Utilities
Utility Information
Water Source: Public
Electric: Single Phase, 220 Volts
Sewer: Public Sewer
Utilities: Electricity Connected
Location
School Information
Elementary School: WATERLOO DIST 5
Middle Or Junior High School: WATERLOO DIST 5
High School: Waterloo
High School District: Waterloo DIST 5
Location Information
Address Line: 108 Rau Street ST, WTRL IL 62298
Public facts
Beds: 3
Baths: 4.0
Sq. Ft.: 896
Stories: 1.5
Lot Size: 7,120 square feet
Style: Single Family Residential
Year Built: 1918
Year Renovated: 1918
County: Monroe County
APN: 07-25-181-036-000
Home facts updated by county records on Aug 14, 2026
Other
Listing Information
Home Warranty YN: No
Seller Consider Concession YN: 1
Home Information
Living Area: 1596
Living Area Source: Assessor
Living Area Srch Sq Ft: 1596.00
Living Area Unknown YN: 0
Above Grade Finished Area Srch Sq Ft: 1596.00
Levels: One and One Half
Around this home
Schools
W J Zahnow Elementary School
Public PreK-1 • Assigned • 0.7mi
Waterloo Junior High School
Public 6-8 • Assigned • 0.6mi
7/10
Waterloo High School
Public 9-12 • Assigned • 1.4mi
6/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 106° expected this year, 20 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Waterloo, IL • 62298
Average low and high temperatures (°F)
38
21
48
28
66
42
71
52
75
57
86
68
90
73
87
67
83
61
74
50
58
41
47
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$169,000 – $204,000
Sell confidently with a local market expert in Waterloo.