OFF MARKET

Last listed at $198,500, CLOSED ON Apr 2022

$257,510

Est. refi paymentEst. refi $1,484/mo

•

1,775

sq ft

306 W 3rd St, Waterloo, IL 62298

About this home

OPEN HOUSE-SATURDAY, FEBRUARY 19TH FROM 12-2PM Lovely bungalow home located in the heart of downtown Waterloo! When you approach the home, you will notice the large covered front porch, perfect for relaxing with your favorite beverage. As you walk inside the home notice the high ceilings, tall doorways, and updated hardwood floors. The open floor plan between the living room and kitchen creates a great space for entertaining. The kitchen has new granite countertops with a breakfast bar, new cabinets and new appliances. Two large bedrooms are located on the main level and the bathroom was recently updated. The upstairs has one oversized bedroom, lots of storage closets, walk-in closet, and a full updated bathroom! Other updates include all new plumbing, new ductwork on the ground floor, new HVAC system on the upper level, windows replaced in 2010, and updated electrical. Don't miss out on the chance to own a home in downtown Waterloo just a short walk away from wonderful amenities!

Single-familyProperty Type

1922Year Built

6,098 sq ftLot Size

$145Est. Price/Sq.Ft.

1 car garageParking

Listed by Monica Schmidt • Keller Williams Pinnacle

Bought with Lisa Meegan • RE/MAX Preferred

Redfin checked: a few seconds ago

•Source:MARIS as Distributed by MLS Grid #22008425

Redfin Estimate

$257,510

$59K over list price of $199K

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 29.3% higher than the average sale price ($199K) of 5 comparable homes.

SOLD JUL 27, 2026
$179,900
A
3 beds2 baths1,596 sq ft
108 Rau Street St, Waterloo, IL 62298
SOLD AUG 17, 2026
$236,000
B
3 beds2 baths1,600 sq ft
608 S Church St, Waterloo, IL 62298
SOLD JUL 31, 2026
$189,900
C
3 beds2 baths1,470 sq ft
203 E Mill St, Waterloo, IL 62298
SOLD JUL 14, 2026
$150,000
D
2 beds2 baths1,410 sq ft
539 S Main St, Waterloo, IL 62298
SOLD AUG 3, 2026
$239,900
E
3 beds3 baths1,311 sq ft
206 Magnolia Ave, Waterloo, IL 62298

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Earn from this home

Sell

$240,644

Est. take-home

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Refinance

Est. cash available

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Rent

$1,393/mo

Redfin rental estimate

List your home for rent

Market trends in 62298, IL

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.0%

+0.2% MoM

Median sale price

$337K

$5K MoM

Avg. days on market

46d

1 days MoM

Recently sold homes

5 MoM

New listings for sale

NEW 25 HRS AGO
$249,900
4 beds2 baths1,380 sq ft
306 Walnut St, Waterloo, IL 62298
COMING SOON
$199,900
3 beds1 bath1,121 sq ft
309 N Moore St, Waterloo, IL 62298
FOR SALE BY OWNER
$795,000
5 beds5 baths1,895 sq ft
207 Links Ln, Waterloo, IL 62298
FOR SALE BY OWNER
$46,900
Studio— baths— sq ft
124 Kurken Dr, Waterloo, IL 62298
$275,000
3 beds2 baths2,076 sq ft
708 S Library St, Waterloo, IL 62298
$525,000
3 beds2 baths1,760 sq ft
4375 Jj Rd, Waterloo, IL 62298
$360,000
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
$898,000
4 beds3.5 baths4,100 sq ft
600 Covington Dr, Waterloo, IL 62298
See all

Provided by Redfin

Sale history for 306 W 3rd St

Year

Property tax

Land + Additions

Assessment*

2025

$3,391 (+7.3%)

$15,910 + $45,410

$61,320

2024

$3,161 (+7.8%)

$15,910 + $45,410

$61,320

2023

$2,933 (−0.6%)

$15,673 + $43,733

$59,406

2022

$2,949 (+13.3%)

$14,600 + $38,020

$52,620

2021

$2,603 (+3.5%)

$14,860 + $37,420

$52,280

2020

$2,515 (+2.0%)

$9,140 + $36,820

$45,960

2019

$2,466 (+2.3%)

$9,140 + $34,430

$43,570

2018

$2,411 (+3.3%)

$9,140 + $33,230

$42,370

2017

$2,334 (+5.8%)

$7,230 + $33,230

$40,460

2016

$2,206 (+14.2%)

$5,770 + $33,230

$39,000

2015

$1,932 (−0.8%)

$5,770 + $33,230

$39,000

2014

$1,948 (−3.2%)

$6,680 + $28,440

$35,120

2013

$2,012

$6,680 + $30,830

$37,510

Tax history for 306 W 3rd St

Year

Property tax

Land + Additions

Assessment*

2025

$3,391 (+7.3%)

$15,910 + $45,410

$61,320

2024

$3,161 (+7.8%)

$15,910 + $45,410

$61,320

2023

$2,933 (−0.6%)

$15,673 + $43,733

$59,406

2022

$2,949 (+13.3%)

$14,600 + $38,020

$52,620

2021

$2,603 (+3.5%)

$14,860 + $37,420

$52,280

2020

$2,515 (+2.0%)

$9,140 + $36,820

$45,960

2019

$2,466 (+2.3%)

$9,140 + $34,430

$43,570

2018

$2,411 (+3.3%)

$9,140 + $33,230

$42,370

2017

$2,334 (+5.8%)

$7,230 + $33,230

$40,460

2016

$2,206 (+14.2%)

$5,770 + $33,230

$39,000

2015

$1,932 (−0.8%)

$5,770 + $33,230

$39,000

2014

$1,948 (−3.2%)

$6,680 + $28,440

$35,120

2013

$2,012

$6,680 + $30,830

$37,510

*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

1.5

Lot width

—

Lot depth

—

Lot size

6,305 Sq. Ft.

Year renovated

1922

Sq. Ft.

1,200

Year built

1922

Style

Single Family Residential

County

Monroe County

APN

07-25-251-012-000

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
Covered Spaces: 1
Parking Features: Alley Access, Detached
Garage Spaces: 1
Carport Spaces: 0
Has Garage

Interior

Bedroom Information
# of Bedrooms: 3
# of Bedrooms Main: 2

Bathroom Information
# of Full Baths (Total): 2
# of Main Level Bathrooms (Total): 1
# of Main and Upper Bathrooms: 2
Main Level # of Full Bathrooms: 1

Room 1 Information
Room Type: Living Room
Room Dimensions: 14x13
Room Length: 14
Room Width: 13
Room Level: Second or Main

Room 2 Information
Room Type: Dining Room
Room Dimensions: 13x13
Room Length: 13
Room Width: 13
Room Level: Second or Main

Room 3 Information
Room Type: Kitchen
Room Dimensions: 12x13
Room Length: 12
Room Width: 13
Room Level: Second or Main

Room 4 Information
Room Type: Bedroom
Room Dimensions: 14x12
Room Length: 14
Room Width: 12
Room Level: Second or Main

Room 5 Information
Room Type: Bedroom
Room Dimensions: 13x12
Room Length: 13
Room Width: 12
Room Level: Second or Main

Room 6 Information
Room Type: Master Bedroom
Room Dimensions: 21x13
Room Length: 21
Room Width: 13
Room Level: Third or Upper

Room 7 Information
Room Type: Master Bathroom
Room Dimensions: 5x10
Room Length: 5
Room Width: 10
Room Level: Third or Upper

Room 8 Information
Room Type: Bathroom
Room Dimensions: 8x8
Room Length: 8
Room Width: 8
Room Level: First or Lower

Room 9 Information
Room Type: Other Room
Room Dimensions: 4x9
Room Length: 4
Room Width: 9
Room Level: Second or Main

Basement Information
Has Basement
Basement Features: Unfinished

Other Rooms Information
# of Rooms: 9

Fireplace Information
Fireplace Features: None

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

Interior Features
Appliances: Dishwasher, Gas Oven, Refrigerator

Exterior

Building Information
Construction Materials: Aluminum Siding, Vinyl Siding

Property Information
Ownership Type: Owner by Contract
Property Type: Residential
Property Sub Type: Residential
Above Grade Finished Area: 1,775
Above Grade Finished Area Source: Other

Lot Information
Lot Size Acres: 0.14
Lot Size Dimensions: 42x155x42x155
Lot Size Source: County Records

Financial

Tax Information
Tax Annual Amount: $2,515
Tax Year: 2020

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

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,200
Stories: 1.5
Lot Size: 6,305 square feet
Style: Single Family Residential
Year Built: 1922
Year Renovated: 1922
County: Monroe County
APN: 07-25-251-012-000

Home facts updated by county records on Aug 26, 2026

Other

Listing Date Information
Expected Active Date: Wednesday, February 16, 2022

Home Information
Living Area: 1775
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 • 1.3mi

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, 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)

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

$245,000 – $297,000

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Nearby similar homes

$499,900

2 beds1.5 baths910 sq ft

5842 Saxtown Rd, Millstadt, IL 62260

FOR SALE BY OWNER

$499,900

3 beds3 baths1,932 sq ft

207 Vancouver Dr, Waterloo, IL 62298

$249,000

4 beds2 baths1,557 sq ft

904 Sheridan Ln, Waterloo, IL 62298

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FOR SALE BY OWNER

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$111,000

1 bed1 bath777 sq ft

319 S Main St, Waterloo, IL 62298

New listings for sale in 62298

NEW 25 HRS AGO

$249,900

4 beds2 baths1,380 sq ft

306 Walnut St, Waterloo, IL 62298

COMING SOON

$199,900

3 beds1 bath1,121 sq ft

309 N Moore St, Waterloo, IL 62298

FOR SALE BY OWNER

$795,000

5 beds5 baths1,895 sq ft

207 Links Ln, Waterloo, IL 62298

FOR SALE BY OWNER

$46,900

Studio— baths— sq ft

124 Kurken Dr, Waterloo, IL 62298

$275,000

3 beds2 baths2,076 sq ft

708 S Library St, Waterloo, IL 62298

$525,000

3 beds2 baths1,760 sq ft

4375 Jj Rd, Waterloo, IL 62298

$360,000

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

$898,000

4 beds3.5 baths4,100 sq ft

600 Covington Dr, Waterloo, IL 62298

Home values near 306 W 3rd St

Data from public records.

Address	Redfin Estimate
307 W 3rd Street, Waterloo, IL 3 Beds \| 4 Baths \| 1024 Sq. Ft.	$234,107
319 W 3rd Street, Waterloo, IL 3 Beds \| 2.5 Baths \| 1780 Sq. Ft.	$226,096

Address	Redfin Estimate
315 W 3rd Street, Waterloo, IL 5 Beds \| 3 Baths \| 1310 Sq. Ft.	$216,158
311 W 3rd Street, Waterloo, IL 4 Beds \| 2 Baths \| 1040 Sq. Ft.	$188,933

Address	Redfin Estimate
305 W 3rd Street, Waterloo, IL 3 Beds \| 3 Baths \| 1690 Sq. Ft.	$272,186
320 W 3rd Street, Waterloo, IL 2 Beds \| 3 Baths \| 1008 Sq. Ft.	$225,253

Property information provided by MARIS as Distributed by MLS Grid when last listed in 2022. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 62298, IL

Sale history for 306 W 3rd St

Tax history for 306 W 3rd St

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 306 W 3rd St

More real estate resources