Last listed at $209,000, CLOSED ON Mar 2015

$343,127

•

1,721

sq ft

1509 Rachael Ln, Waterloo, IL 62298

About this home

This new construction home features an open floor plan and great access on the north end of town! As you walk in to this home, you will notice the hardwood floors in the foyer, kitchen and eating area. The living room has a fireplace and vaulted ceiling, which leads to the kitchen, featuring a bay door out to the deck, and main floor laundry room. The master suite has dual vanity, separate tub/shower and 2 huge walk-in closets! The unfinished, walkout basement has a rough-in for a future bath and leads out to the covered patio! Home is built in compliance with the IL Energy Conservation Law. ECD is

Single-familyProperty Type

2014Year Built

0.28 acresLot Size

$199Est. Price/Sq.Ft.

2 car garageParking

Listed by Amy Hank • Century 21 Advantage

Bought with Charlotte Hamm • Chuck Baer Realty, Inc.

Redfin checked: 3 minutes ago

•Source:MARIS as Distributed by MLS Grid #4317009

Redfin Estimate

$343,127

$134K over list price of $209K

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 17.5% higher than the average sale price ($292K) of 6 comparable homes.

SOLD MAR 13, 2026
$225,000
A
3 beds2 baths1,517 sq ft
239 N Main St, Waterloo, IL 62298
SOLD MAY 21, 2026
$215,000
B
3 beds2 baths1,424 sq ft
707 Marney Ln, Waterloo, IL 62298
SOLD JUL 1, 2026
$400,000
C
3 beds2 baths1,880 sq ft
400 Mockingbird Ln, Waterloo, IL 62298
SOLD JUL 29, 2026
$295,000
D
3 beds2 baths1,664 sq ft
122 Westview Pl, Waterloo, IL 62298
SOLD JUN 26, 2026
$282,000
E
3 beds2 baths1,104 sq ft
8 Dwight St, Waterloo, IL 62298
SOLD MAY 20, 2026
$335,000
F
3 beds2 baths1,376 sq ft
708 Ward, Waterloo, IL 62298

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Earn from this home

Sell

$321,347

Est. take-home

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Rent

$1,551/mo

Redfin rental estimate

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Market trends in 62298, IL

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.7%

+0.4% MoM

Median sale price

$335K

$28K MoM

Avg. days on market

47d

0 days MoM

Recently sold homes

16 MoM

New listings for sale

NEW 2 HRS AGO
$29,000
2 beds1 bath672 sq ft
4814 Timber Lake Ct, Waterloo, IL 62298
OPEN SAT, 11AM TO 1PM
$275,000
3 beds2 baths2,076 sq ft
708 S Library St, Waterloo, IL 62298
OPEN SUN, 3PM TO 5PM
$525,000
3 beds2 baths1,760 sq ft
4375 Jj Rd, Waterloo, IL 62298
$180,000
2 beds1 bath768 sq ft
504 Stiening St, Waterloo, IL 62298
$379,900
3 beds2 baths2,134 sq ft
4609 Fountain Brook Dr, Waterloo, IL 62298
FOR SALE BY OWNER
$499,900
3 beds3 baths1,932 sq ft
207 Vancouver Dr, Waterloo, IL 62298
$485,000
3 beds3 baths2,534 sq ft
6730 Cardinal Dr, Waterloo, IL 62298
$898,000
4 beds3.5 baths4,100 sq ft
600 Covington Dr, Waterloo, IL 62298
$111,000
1 bed1 bath777 sq ft
319 S Main St, Waterloo, IL 62298
See all

Provided by Redfin

Sale history for 1509 Rachael Ln

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Year

Property tax

Land + Additions

Assessment*

2025

$5,109 (−2.5%)

$15,210 + $79,060

$94,270

2024

$5,242 (−5.4%)

$15,210 + $79,060

$94,270

2023

$5,544 (+13.0%)

$16,063 + $83,495

$99,558

2022

$4,904 (−14.0%)

$15,210 + $91,600

$106,810

2021

$5,699 (+3.2%)

$15,410 + $73,310

$88,720

2020

$5,522 (+9.5%)

$13,010 + $86,270

$99,280

2019

$5,044 (+13.3%)

$13,010 + $81,280

$94,290

2018

$4,450 (−1.6%)

$13,010 + $73,160

$86,170

2017

$4,523 (+4.5%)

$10,000 + $59,830

$69,830

2016

$4,327 (+506.0%)

$9,270 + $61,450

$70,720

2015

$714 (+2,646.2%)

$9,270 + $61,450

$70,720

2014

$26

$10,770

2013

$26

$410

Tax history for 1509 Rachael Ln

Year

Property tax

Land + Additions

Assessment*

2025

$5,109 (−2.5%)

$15,210 + $79,060

$94,270

2024

$5,242 (−5.4%)

$15,210 + $79,060

$94,270

2023

$5,544 (+13.0%)

$16,063 + $83,495

$99,558

2022

$4,904 (−14.0%)

$15,210 + $91,600

$106,810

2021

$5,699 (+3.2%)

$15,410 + $73,310

$88,720

2020

$5,522 (+9.5%)

$13,010 + $86,270

$99,280

2019

$5,044 (+13.3%)

$13,010 + $81,280

$94,290

2018

$4,450 (−1.6%)

$13,010 + $73,160

$86,170

2017

$4,523 (+4.5%)

$10,000 + $59,830

$69,830

2016

$4,327 (+506.0%)

$9,270 + $61,450

$70,720

2015

$714 (+2,646.2%)

$9,270 + $61,450

$70,720

2014

$26

$10,770

2013

$26

$410

*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

2015

Sq. Ft.

1,768

Year built

2015

Style

Single Family Residential

County

Monroe County

APN

07-12-334-026-000

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): 2
# of Main Level Bathrooms (Total): 1
Main Level # of Full Bathrooms: 1

Room 1 Information
Room Type: Kitchen
Room Length: 13
Room Width: 20
Room Level: Second or Main

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

Room 3 Information
Room Type: Other Room
Room Length: 7
Room Width: 6
Room Level: Second or Main

Room 4 Information
Room Type: Bedroom
Room Length: 10
Room Width: 12
Room Level: Second or Main

Room 5 Information
Room Type: Bedroom
Room Length: 16
Room Width: 14
Room Level: Second or Main

Room 6 Information
Room Type: Living Room
Room Length: 16
Room Width: 16
Room Level: Second or Main

Room 7 Information
Room Type: Bedroom
Room Length: 13
Room Width: 0
Room Level: Second or Main

Basement Information
Basement Features: Full, Walk-Out Access

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

Exterior

Building Information
Roof: Asphalt

Property Information
Property Type: Residential
Property Sub Type: New Construction
Above Grade Finished Area: 1,721

Lot Information
Lot Size Acres: 0.28
Lot Size Dimensions: .28 acres

Financial

Tax Information
Tax Annual Amount: $26
Tax Year: 2013

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Location

HOA Information
Association Amenities: School Bus, Deck

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 Rose Ln. Right on Rachael.

Public facts

Beds: 3
Baths: 4.0
Sq. Ft.: 1,768
Stories: 1.0
Lot Size: 0.28 acres
Style: Single Family Residential
Year Built: 2015
Year Renovated: 2015
County: Monroe County
APN: 07-12-334-026-000

Home facts updated by county records on Aug 26, 2026

Other

Home Information
Living Area: 1721
Levels: One

Around this home

Schools

W J Zahnow Elementary School

Public PreK-1 • Assigned • 2.1mi

Waterloo Junior High School

Public 6-8 • Assigned • 2.3mi

7/10

Waterloo High School

Public 9-12 • Assigned • 3.8mi

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, 22 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

$326,000 – $395,000

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New listings for sale in 62298

NEW 2 HRS AGO

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2 beds1 bath672 sq ft

4814 Timber Lake Ct, Waterloo, IL 62298

OPEN SAT, 11AM TO 1PM

$275,000

3 beds2 baths2,076 sq ft

708 S Library St, Waterloo, IL 62298

OPEN SUN, 3PM TO 5PM

$525,000

3 beds2 baths1,760 sq ft

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$180,000

2 beds1 bath768 sq ft

504 Stiening St, Waterloo, IL 62298

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FOR SALE BY OWNER

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3 beds3 baths1,932 sq ft

207 Vancouver Dr, Waterloo, IL 62298

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3 beds3 baths2,534 sq ft

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Home values near 1509 Rachael Ln

Data from public records.

Address	Redfin Estimate
1501 Rachael Ln, Waterloo, IL 3 Beds \| 2 Baths \| 1600 Sq. Ft.	$368,004
1435 Rachael Ln, Waterloo, IL 3 Beds \| 3 Baths \| 1680 Sq. Ft.	$294,438

Address	Redfin Estimate
1510 Rachael Ln, Waterloo, IL 3 Beds \| 2 Baths \| 1700 Sq. Ft.	$357,399
1524 Rachael Ln, Waterloo, IL 4 Beds \| 2 Baths \| 2504 Sq. Ft.	$369,340

Address	Redfin Estimate
1520 Rachael Ln, Waterloo, IL 3 Beds \| 4 Baths \| 1664 Sq. Ft.	$371,999
1516 Rachael Ln, Waterloo, IL 3 Beds \| 3 Baths \| 2900 Sq. Ft.	$391,496

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 1509 Rachael Ln

Tax history for 1509 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 1509 Rachael Ln

More real estate resources