Google street view image for 401 Morrison Ave, Waterloo, IL 62298

Off market sep 1997 for $99K

$254,041

Est. refi paymentEst. refi $677/mo

•

3 ba

•

1,140

sq ft

401 Morrison Ave, Waterloo, IL 62298

About this home

401 Morrison Ave is a 1,140 square foot house on a 7,803 square foot lot with 3 bedrooms and 3 bathrooms. - it last sold on September 01, 1997 for $99,000. Based on Redfin's Waterloo data, we estimate the home's value is $254,041.

Single-familyProperty Type

1927Year Built

7,803 sq ftLot Size

$223Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$254,041

$155K since sold in September 1997$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 18.6% higher than the average sale price ($214K) of 5 comparable homes.

SOLD SEP 1, 2026
$225,000
A
3 beds2 baths1,413 sq ft
306 S Market St, Waterloo, IL 62298
SOLD AUG 3, 2026
$239,900
B
3 beds3 baths1,311 sq ft
206 Magnolia Ave, Waterloo, IL 62298
SOLD AUG 17, 2026
$236,000
C
3 beds2 baths1,600 sq ft
608 S Church St, Waterloo, IL 62298
SOLD JUL 27, 2026
$179,900
D
3 beds2 baths1,596 sq ft
108 Rau Street St, Waterloo, IL 62298
SOLD JUL 31, 2026
$189,900
E
3 beds2 baths1,470 sq ft
203 E Mill St, Waterloo, IL 62298

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Earn from this home

Sell

$233,374

Est. take-home

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Est. cash available

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Rent

$1,405/mo

Redfin rental estimate

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Market trends in 62298, IL

Last updated September 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

COMING SOON
$560,000
4 beds3 baths2,741 sq ft
476 Hayden Dr, Waterloo, IL 62298
FOR SALE BY OWNER
$380,000
3 beds2 baths1,849 sq ft
107 Kurken Dr, Waterloo, IL 62298
$495,000
4 beds2.5 baths1,895 sq ft
8329 Andy Rd, Waterloo, IL 62298
$424,999
4 beds3.5 baths3,069 sq ft
1033 Turtle Dove Trl, Waterloo, IL 62298
$499,000
4 beds3 baths3,068 sq ft
6107 Briar Trl, Waterloo, IL 62298
See all

Provided by Redfin

Sale history for 401 Morrison Ave

Year

Property tax

Land + Additions

Assessment*

2025

$3,858 (+7.2%)

$16,090 + $52,880

$68,970

2024

$3,598 (+8.0%)

$16,090 + $52,880

$68,970

2023

$3,332 (−0.5%)

$15,852 + $50,925

$66,777

2022

$3,348 (+9.3%)

$14,730 + $44,250

$58,980

2021

$3,063 (+3.5%)

$14,980 + $43,550

$58,530

2020

$2,959 (+4.4%)

$10,180 + $42,850

$53,030

2018

$2,835 (+3.2%)

$10,180 + $38,650

$48,830

2017

$2,746 (+4.6%)

$7,910 + $38,650

$46,560

2016

$2,627 (+13.9%)

$6,640 + $38,650

$45,290

2015

$2,307 (−0.7%)

$6,640 + $38,650

$45,290

2014

$2,324 (−3.1%)

$7,720 + $33,050

$40,770

2013

$2,399

$7,720 + $35,850

$43,570

Tax history for 401 Morrison Ave

Year

Property tax

Land + Additions

Assessment*

2025

$3,858 (+7.2%)

$16,090 + $52,880

$68,970

2024

$3,598 (+8.0%)

$16,090 + $52,880

$68,970

2023

$3,332 (−0.5%)

$15,852 + $50,925

$66,777

2022

$3,348 (+9.3%)

$14,730 + $44,250

$58,980

2021

$3,063 (+3.5%)

$14,980 + $43,550

$58,530

2020

$2,959 (+4.4%)

$10,180 + $42,850

$53,030

2018

$2,835 (+3.2%)

$10,180 + $38,650

$48,830

2017

$2,746 (+4.6%)

$7,910 + $38,650

$46,560

2016

$2,627 (+13.9%)

$6,640 + $38,650

$45,290

2015

$2,307 (−0.7%)

$6,640 + $38,650

$45,290

2014

$2,324 (−3.1%)

$7,720 + $33,050

$40,770

2013

$2,399

$7,720 + $35,850

$43,570

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

Zoning

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

Interior

Basement Information
Basement Sq. Ft: 1,140
Basement Type: Full

Bathroom Information
# of Bathroom Fixtures: 8

Exterior

Exterior Information
Physical Condition: Average
Exterior Wall: Masonry
Building Type: Single Family

Property Information
Subdivision Name: WATERLOO HEIGHTS
Living Sq. Ft: 1,140
Ground Floor Sq. Ft: 1,140
Building Sq. Ft: 1,140
# of Stories: 1.5
Stories Type: 1 1/2
Legal Description: LOT 15 BLK 2 WATERLOO HEIGHTS

Parking & Garage Information
Parking Type: Frame Garage
Garage/Parking Sq. Ft: 240
Garage / Carport Type: Frame

Lot Information
# of Buildings: 1
Land Sq. Ft: 7,803
Legal Lot Number: 15
Legal Block Number: 2
Acres: 0.18
Depth Footage: 155
Front Footage: 50
Zoning Code: WR3
County Use Description: IMPROVED RESIDENTIAL

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 3.0
Sq. Ft.: 1,140
Stories: 1.5
Lot Size: 7,803 square feet
Style: Single Family Residential
Year Built: 1927
Year Renovated: 1927
County: Monroe County
APN: 07-25-285-020-000

Home facts updated by county records on Aug 26, 2026

Around this home

Schools

Rogers Elementary School

Public 2-3 • Assigned • 0.4mi

10/10

Waterloo Junior High School

Public 6-8 • Assigned • 0.5mi

7/10

Waterloo High School

Public 9-12 • Assigned • 1.1mi

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

$242,000 – $293,000

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Nearby similar homes

FOR SALE BY OWNER

$380,000

3 beds2 baths1,849 sq ft

107 Kurken Dr, Waterloo, IL 62298

$175,000

2 beds1 bath777 sq ft

319 S Main St, Waterloo, IL 62298

NEW CONSTRUCTION

$439,900

3 beds2 baths1,731 sq ft

951 Forbs Dr, Waterloo, IL 62298

$700,000

5 beds5.5 baths2,520 sq ft

5025 Edinburg Ct, Columbia, IL 62236

$375,000

4 beds2.5 baths3,536 sq ft

242 Gall Rd, Columbia, IL 62236

$599,000

3 beds4 baths3,406 sq ft

4176 State Route 156, Waterloo, IL 62298

New listings for sale in 62298

COMING SOON3D WALKTHROUGH

$560,000

4 beds3 baths2,741 sq ft

476 Hayden Dr, Waterloo, IL 62298

FOR SALE BY OWNER

$380,000

3 beds2 baths1,849 sq ft

107 Kurken Dr, Waterloo, IL 62298

$495,000

4 beds2.5 baths1,895 sq ft

8329 Andy Rd, Waterloo, IL 62298

$424,999

4 beds3.5 baths3,069 sq ft

1033 Turtle Dove Trl, Waterloo, IL 62298

$499,000

4 beds3 baths3,068 sq ft

6107 Briar Trl, Waterloo, IL 62298

Home values near 401 Morrison Ave

Data from public records.

Address	Redfin Estimate
409 Morrison Avenue, Waterloo, IL 3 Beds \| 3 Baths \| 1081 Sq. Ft.	$237,683
400 Morrison Avenue, Waterloo, IL 4 Beds \| 4 Baths \| 1456 Sq. Ft.	$299,188

Address	Redfin Estimate
311 Morrison Avenue, Waterloo, IL 3 Beds \| 3 Baths \| 1333 Sq. Ft.	$265,558
307 Morrison Avenue, Waterloo, IL 3 Beds \| 2 Baths \| 2208 Sq. Ft.	$270,825

Address	Redfin Estimate
308 Morrison Avenue, Waterloo, IL 2 Beds \| 1 Baths \| 1596 Sq. Ft.	$225,378
407 Morrison Avenue, Waterloo, IL 2 Beds \| 1 Baths \| 1145 Sq. Ft.	$261,146

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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 401 Morrison Ave

Tax history for 401 Morrison Ave

Zoning

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 401 Morrison Ave

More real estate resources