OFF MARKET

Last listed at $197,500, closed on feb 2015

$352,108

Est. refi paymentEst. refi $1,351/mo

•

1,832

sq ft

1427 Rachael Ln, Waterloo, IL 62298

About this home

Want to be proud of your yard? This one is gorgeous! Beautiful professional landscaping, maintenance free white vinyl privacy fence, garden shed, and relaxing screened porch are a few of the things you will enjoy about this lovely home. Need to work the kinks out? Relax in your personal sauna, then enjoy the steam shower with whirlpool to unwind. The mostly unfinished basement has a 9' pour, so you can design additional living space to your taste. Great upgrades in this home include vaulted ceilings, solid wood 6 panel doors, and an enormous cedar closet in the basement. The kitchen has oak cabinetry, a lovely built-in china cabinet, and a breakfast bar. The master suite has a spacious walk in closet, and the luxurious master bath has a second whirlpool tub and separate shower! Water heater new 2009, dishwasher, 2010, roof 2014. This home has so much to love - you will love it too.

Single-familyProperty Type

2001Year Built

0.28 acresLot Size

$192Est. Price/Sq.Ft.

2 car garageParking

Listed by Barbara Markham • RE/MAX Preferred

Bought with Tammy Hines • Tammy Mitchell Hines & Co.

Bought with Rebecca Bollinger • Tammy Mitchell Hines & Co.

Redfin checked: 2 minutes ago

•Source:MARIS as Distributed by MLS Grid #4317245

Redfin Estimate

$352,108

$155K over list price of $198K

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2.9% lower than the average sale price ($362K) of 6 comparable homes.

SOLD JUL 23, 2026
$390,000
A
3 beds3 baths3,257 sq ft
1042 Illinois Ave, Waterloo, IL 62298
SOLD JUL 1, 2026
$400,000
B
3 beds2 baths1,880 sq ft
400 Mockingbird Ln, Waterloo, IL 62298
SOLD SEP 25, 2026
$315,000
C
3 beds2 baths1,560 sq ft
1225 Sherwood Ln, Waterloo, IL 62298
SOLD FEB 25, 2026
$389,900
D
3 beds3 baths1,803 sq ft
517 Grand Ave, Waterloo, IL 62298
SOLD JUL 29, 2026
$295,000
E
3 beds2 baths1,664 sq ft
122 Westview Pl, Waterloo, IL 62298
SOLD SEP 16, 2026
$385,000
F
4 beds3 baths2,509 sq ft
1504 Rachael Ln, Waterloo, IL 62298

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Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$1,630/mo

Redfin rental estimate

List your home for rent

Market trends in 62298, IL

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.9%

+1.0% MoM

Median sale price

$342K

$5K MoM

Avg. days on market

45d

1 days MoM

Recently sold homes

4 MoM

New listings for sale

3D WALKTHROUGH
$560,000
4 beds3 baths2,741 sq ft
476 Hayden Dr, Waterloo, IL 62298
OPEN SUN, 11AM TO 1PM
$329,000
3 beds2 baths1,762 sq ft
745 N Market St, Waterloo, IL 62298
$267,500
3 beds1.5 baths2,491 sq ft
902 Evansville Ave, Waterloo, IL 62298
$399,900
3 beds2 baths1,584 sq ft
5842 Deer Hill Rd, Waterloo, IL 62298
COMING SOON
$299,900
2 beds3 baths1,616 sq ft
713 Willow Ln, Waterloo, IL 62298
$30,000
Studio— baths784 sq ft
238 Grand Ave Unit A, Waterloo, IL 62298
OPEN NOV 21, 10AM TO 12PM
$300,000
3 beds2.5 baths3,797 sq ft
5723 Konarick Rd, Waterloo, IL 62298
$345,000
3 beds3 baths2,887 sq ft
715 Legion Dr, Waterloo, IL 62298
See all

Provided by Redfin

Sale history for 1427 Rachael Ln

Year

Property tax

Land + Additions

Assessment*

2025

$6,112 (+5.8%)

$16,790 + $89,130

$105,920

2024

$5,779 (+13.8%)

$16,790 + $89,130

$105,920

2023

$5,077 (+1.8%)

$16,401 + $87,234

$103,635

2022

$4,985 (+5.7%)

$15,210 + $71,610

$86,820

2021

$4,716 (+2.8%)

$15,410 + $68,810

$84,220

2020

$4,588 (+1.0%)

$13,010 + $65,400

$78,410

2019

$4,542 (+0.5%)

$13,010 + $61,620

$74,630

2018

$4,520 (+8.5%)

$13,010 + $60,130

$73,140

2017

$4,164 (+2.4%)

$10,000 + $60,830

$70,830

2016

$4,067 (+9.6%)

$9,270 + $57,560

$66,830

2015

$3,711 (+6.4%)

$9,270 + $57,560

$66,830

2014

$3,489 (+3.1%)

$10,770 + $56,170

$66,940

2013

$3,383

$10,770 + $53,200

$63,970

Tax history for 1427 Rachael Ln

Year

Property tax

Land + Additions

Assessment*

2025

$6,112 (+5.8%)

$16,790 + $89,130

$105,920

2024

$5,779 (+13.8%)

$16,790 + $89,130

$105,920

2023

$5,077 (+1.8%)

$16,401 + $87,234

$103,635

2022

$4,985 (+5.7%)

$15,210 + $71,610

$86,820

2021

$4,716 (+2.8%)

$15,410 + $68,810

$84,220

2020

$4,588 (+1.0%)

$13,010 + $65,400

$78,410

2019

$4,542 (+0.5%)

$13,010 + $61,620

$74,630

2018

$4,520 (+8.5%)

$13,010 + $60,130

$73,140

2017

$4,164 (+2.4%)

$10,000 + $60,830

$70,830

2016

$4,067 (+9.6%)

$9,270 + $57,560

$66,830

2015

$3,711 (+6.4%)

$9,270 + $57,560

$66,830

2014

$3,489 (+3.1%)

$10,770 + $56,170

$66,940

2013

$3,383

$10,770 + $53,200

$63,970

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.28 Acres

Year renovated

2001

Sq. Ft.

1,742

Year built

2001

Style

Single Family Residential

County

Monroe County

APN

07-12-350-129-000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 26, 2026.

Single-Family Residence Districts

The Single-Family Residence Districts, as differentiated herein, and the district locations as depicted on the Zone District Map, reflect the wide variety of physical and social characteristics found in Waterloo, to the extent that the range of such conditions and characteristics can be divided into meaningful categories. It is the purpose of these regulations to encourage the creation and maintenance of stable and enduring residential areas by establishing limitations on the use and character of development so as to take advantage of, or to avoid conflict with, natural topography, existing development, arrangements and locations of existing or planned community facilities and social needs of the city.

Permitted uses

Include but are not limited to:

Housing-Single unit

Property details

Parking

Parking Information
Parking Features: Attached Garage
Garage Spaces: 2
Has Attached Garage
Has Garage

Interior

Bedroom Information
# of Bedrooms: 3
# of Bedrooms Main: 3

Bathroom Information
# of Full Baths (Total): 3
# of Main Level Bathrooms (Total): 1
Main Level # of Full Bathrooms: 1

Room 1 Information
Room Type: Bedroom
Room Length: 14
Room Width: 11
Room Level: Second or Main

Room 2 Information
Room Type: Dining Room
Room Length: 11
Room Width: 14
Room Level: Second or Main

Room 3 Information
Room Type: Bedroom
Room Length: 12
Room Width: 13
Room Level: Second or Main

Room 4 Information
Room Type: Bedroom
Room Length: 15
Room Width: 11
Room Level: Second or Main

Room 5 Information
Room Type: Kitchen
Room Length: 13
Room Width: 10
Room Level: Second or Main

Room 6 Information
Room Type: Living Room
Room Length: 17
Room Width: 25
Room Level: Second or Main

Room 7 Information
Room Type: Other Room
Room Length: 10
Room Width: 9
Room Level: First or Lower

Room 8 Information
Room Type: Other Room
Room Length: 9
Room Width: 14
Room Level: Second or Main

Basement Information
Basement Features: Full, Other

Fireplace Information
Has Fireplace
# of Fireplaces: 1

Heating & Cooling
Has Heating
Heating Information: Forced Air
Cooling Information: Central Air

Interior Features
Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator

Exterior

Building Information
Roof: Asphalt, Other

Property Information
Property Type: Residential
Property Sub Type: Residential
Above Grade Finished Area: 1,742
Below Grade Finished Area: 90

Lot Information
Lot Features: Fencing, None
Lot Size Acres: 0.28
Lot Size Dimensions: 100 x 122 x 100 x 123

Financial

Tax Information
Tax Annual Amount: $3,383
Tax Year: 2013

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

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
Directions: Rt. 3 to Warren Drive, Right on Rachael.
Cross Street: WARREN

Public facts

Beds: 3
Baths: 4.0
Sq. Ft.: 1,742
Stories: 1.0
Lot Size: 0.28 acres
Style: Single Family Residential
Year Built: 2001
Year Renovated: 2001
County: Monroe County
APN: 07-12-350-129-000

Home facts updated by county records on Aug 26, 2026

Other

Home Information
Living Area: 1832
Levels: One

Around this home

Schools

K - 12
Preschool & daycare

W J Zahnow Elementary School

Public PreK-1 • Assigned • 2.0mi

Waterloo Junior High School

Public 6-8 • Assigned • 2.1mi

7/10

Waterloo High School

Public 9-12 • Assigned • 3.7mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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, 21 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

0 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Waterloo, IL • 62298

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.9 hours in June and 4.1 hours in December, which is comparable to the U.S. average for solar exposure.

9.9 hrs

4.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$335,000 – $405,000

Sell confidently with a local market expert in Waterloo. 3 minutes to get started.

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New listings for sale in 62298

3D WALKTHROUGH

$560,000

4 beds3 baths2,741 sq ft

476 Hayden Dr, Waterloo, IL 62298

Large patio • Open concept layout • Center island

OPEN SUN, 11AM TO 1PM

$329,000

3 beds2 baths1,762 sq ft

745 N Market St, Waterloo, IL 62298

Full brick ranch • Large sunroom • Small workshop area

$267,500

3 beds1.5 baths2,491 sq ft

902 Evansville Ave, Waterloo, IL 62298

Full brick ranch • Natural light • Breakfast bar

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3 beds2 baths1,584 sq ft

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All brick ranch • 4.7 wooded acres • New deck

COMING SOON

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Full brick ranch • Corner lot • Main level living

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Storage shed • Manageable lot • Prime location

OPEN NOV 21, 10AM TO 12PM

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Full brick home • Hardwood floors • Large picture window

Home values near 1427 Rachael Ln

Data from public records.

Address	Redfin Estimate
1501 Rachael Ln, Waterloo, IL 3 Beds \| 2 Baths \| 1600 Sq. Ft.	$367,727
1423 Rachael Ln, Waterloo, IL 3 Beds \| 2 Baths \| 2780 Sq. Ft.	$357,140
1414 Rachael Ln, Waterloo, IL 3 Beds \| 2 Baths \| 1556 Sq. Ft.	$270,751
1426 Rachael Ln, Waterloo, IL 3 Beds \| 4 Baths \| 1556 Sq. Ft.	$331,068
1419 Rachael Ln, Waterloo, IL 3 Beds \| 2 Baths \| 1626 Sq. Ft.	$333,519
201 West Rose Ln, Waterloo, IL 3 Beds \| 3 Baths \| 2991 Sq. Ft.	$412,716
1429 Jamie Ln, Waterloo, IL 3 Beds \| 2.5 Baths \| 2459 Sq. Ft.	$325,909

Address	Redfin Estimate
1422 Rachael Ln, Waterloo, IL 3 Beds \| 3 Baths \| 2182 Sq. Ft.	$345,979
1430 Rachael Ln, Waterloo, IL 2 Beds \| 4 Baths \| 1546 Sq. Ft.	$325,090
1435 Rachael Ln, Waterloo, IL 3 Beds \| 3 Baths \| 1680 Sq. Ft.	$296,952
1434 Rachael Ln, Waterloo, IL 3 Beds \| 3 Baths \| 1460 Sq. Ft.	$267,222
1429 Dannehold Farms Dr, Waterloo, IL 4 Beds \| 3 Baths \| 4079 Sq. Ft.	$375,316
1421 Jamie Ln, Waterloo, IL 3 Beds \| 4 Baths \| 1308 Sq. Ft.	$304,271
1420 Dannehold Farms Dr, Waterloo, IL 3 Beds \| 3.5 Baths \| 1996 Sq. Ft.	$366,547

Address	Redfin Estimate
1415 Rachael Ln, Waterloo, IL 3 Beds \| 5 Baths \| 1729 Sq. Ft.	$373,492
1418 Rachael Ln, Waterloo, IL 3 Beds \| 3 Baths \| 1512 Sq. Ft.	$310,462
1431 Rachael Ln, Waterloo, IL 3 Beds \| 5 Baths \| 1650 Sq. Ft.	$359,607
1411 Rachael Ln, Waterloo, IL 3 Beds \| 3 Baths \| 2745 Sq. Ft.	$342,904
1424 Dannehold Farms Dr, Waterloo, IL 4 Beds \| 3 Baths \| 3393 Sq. Ft.	$399,397
1428 Dannehold Farms Dr, Waterloo, IL 3 Beds \| 4 Baths \| 1981 Sq. Ft.	$363,969
1421 Dannehold Farms Dr, Waterloo, IL 3 Beds \| 4 Baths \| 2107 Sq. Ft.	$400,701

Property information provided by MARIS as Distributed by MLS Grid when last listed in 2014. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 62298, IL

Sale history for 1427 Rachael Ln

Tax history for 1427 Rachael Ln

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 62298

Home values near 1427 Rachael Ln

More real estate resources