Google street view image for 502 Walnut St, Waterloo, IL 62298

Off Market Nov 2019 for $62K

$283,477

Est. refi paymentEst. refi $428/mo

•

3 ba

•

1,576

sq ft

502 Walnut St, Waterloo, IL 62298

About this home

502 Walnut St is a 1,576 square foot house on a 0.4 acre lot with 3 bedrooms and 3 bathrooms. - it last sold on November 04, 2019 for $62,500. Based on Redfin's Waterloo data, we estimate the home's value is $283,477.

Single-familyProperty Type

1978Year Built

0.4 acresLot Size

$180Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$283,477

$221K since sold in November 2019$5,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12% lower than the average sale price ($322K) of 6 comparable homes.

SOLD JUN 1, 2026
$229,900
A
3 beds2 baths1,318 sq ft
627 Mark Dr, Waterloo, IL 62298
SOLD JUL 9, 2026
$300,000
B
3 beds2 baths1,318 sq ft
409 Hartman Ln, Waterloo, IL 62298
SOLD FEB 26, 2026
$339,900
C
3 beds3 baths1,538 sq ft
1014 Illinois Ave, Waterloo, IL 62298
SOLD JUL 29, 2026
$295,000
D
3 beds2 baths1,664 sq ft
122 Westview Pl, Waterloo, IL 62298
SOLD MAY 20, 2026
$429,000
E
3 beds3 baths3,100 sq ft
435 Paul Dr, Waterloo, IL 62298
SOLD JUL 31, 2026
$339,900
F
3 beds3 baths2,290 sq ft
4608 Vandebrook Dr, Waterloo, IL 62298

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Earn from this home

Sell

$222,121

Est. take-home

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Refinance

Est. cash available

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Rent

$1,483/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

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 13 HRS AGO
$314,900
3 beds2.5 baths1,765 sq ft
112 Jefferson, Waterloo, IL 62298
OPEN SUN, 11AM TO 1PM
$339,500
3 beds2.5 baths2,971 sq ft
214 Osterhage Dr, Waterloo, IL 62298
COMING SOON
$925,000
6 beds4.5 baths5,900 sq ft
324 Druscilla Ln, Waterloo, IL 62298
COMING SOON
$389,000
4 beds3 baths3,144 sq ft
1307 Rachael Ln, Waterloo, IL 62298
FOR SALE BY OWNER
$1,375,000
— beds— baths— sq ft
Rogers St, Waterloo, IL 62298
OPEN SAT, 11AM TO 1PM
$199,900
3 beds1 bath1,121 sq ft
309 N Moore St, Waterloo, IL 62298
OPEN SUN, 2:30PM TO 4PM
$525,000
4 beds3 baths2,540 sq ft
910 Taylor Dr, Waterloo, IL 62298
$638,000
3 beds4 baths3,406 sq ft
4176 State Route 156, 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
See all

Provided by Redfin

Sale history for 502 Walnut St

Year

Property tax

Land + Additions

Assessment*

2025

$4,691 (+7.6%)

$18,010 + $58,870

$76,880

2024

$4,360 (+4.5%)

$18,010 + $58,870

$76,880

2023

$4,173 (+214.3%)

$17,405 + $56,248

$73,653

2022

$1,327 (−2.1%)

$16,010 + $50,560

$66,570

2021

$1,357 (−2.4%)

$13,680 + $7,150

$20,830

2020

$1,390 (−1.1%)

$13,680 + $7,150

$20,830

2019

$1,405 (−59.4%)

$13,680 + $7,150

$20,830

2018

$3,462 (+1.6%)

$13,680 + $7,150

$20,830

2017

$3,408 (−1.1%)

$11,870 + $37,990

$49,860

2016

$3,445 (−2.3%)

$11,410 + $40,120

$51,530

2015

$3,525 (+5.8%)

$11,410 + $40,120

$51,530

2014

$3,331 (+7.3%)

$13,010 + $40,130

$53,140

2013

$3,104

$13,010 + $35,590

$48,600

Tax history for 502 Walnut St

Year

Property tax

Land + Additions

Assessment*

2025

$4,691 (+7.6%)

$18,010 + $58,870

$76,880

2024

$4,360 (+4.5%)

$18,010 + $58,870

$76,880

2023

$4,173 (+214.3%)

$17,405 + $56,248

$73,653

2022

$1,327 (−2.1%)

$16,010 + $50,560

$66,570

2021

$1,357 (−2.4%)

$13,680 + $7,150

$20,830

2020

$1,390 (−1.1%)

$13,680 + $7,150

$20,830

2019

$1,405 (−59.4%)

$13,680 + $7,150

$20,830

2018

$3,462 (+1.6%)

$13,680 + $7,150

$20,830

2017

$3,408 (−1.1%)

$11,870 + $37,990

$49,860

2016

$3,445 (−2.3%)

$11,410 + $40,120

$51,530

2015

$3,525 (+5.8%)

$11,410 + $40,120

$51,530

2014

$3,331 (+7.3%)

$13,010 + $40,130

$53,140

2013

$3,104

$13,010 + $35,590

$48,600

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

Zoning

Light Industrial District

The Light Industrial District encompasses areas where a satisfactory correlation of factors such as adequate transportation facilities, accessibility for employees, efficient land assembly, adequate topographical conditions, and adequate provisions of public utilities required by industry may be achieved. It is intended that this particular district will generally provide for industrial development of an assembly nature, research and development, or manufacture and fabrication of any commodity from semi-finished or finished materials, and offers appropriate locations for supportive service commercial facilities together with other correlated land uses. Such supportive services are generally of a non-retail or personal service character and primarily offer commercial facilities and personal services requiring extensive sites. Open storage of equipment and supplies should be encouraged to locate in this district.

Permitted uses

Include but are not limited to:

Automotive repair garage
General retail
Commercial laundry
Manufacturing
Processing
Self-Storage / mini-Storage
Warehouse
Hotel / motel
Office
Research & development

Property details

Interior

Bathroom Information
# of Bathroom Fixtures: 8

Fireplace Information
Has Fireplace

Exterior

Exterior Information
Physical Condition: Fair
Foundation Type: Slab
Building Style Type: Split Level
Exterior Wall: Frame
Building Type: Single Family

Property Information
Subdivision Name: WEST OUTLOTS
Living Sq. Ft: 1,576
Ground Floor Sq. Ft: 736
Building Sq. Ft: 1,576
Legal Description: PART LOT 1 WEST OUTLOTS

Parking & Garage Information
Parking Type: Frame Garage
Garage/Parking Sq. Ft: 840
Garage / Carport Type: Frame

Lot Information
# of Buildings: 1
Land Sq. Ft: 17,636
Legal Lot Number: 1
Acres: 0.4
Depth Footage: 200
Front Footage: 57
Zoning Code: WR3
County Use Description: IMPROVED RESIDENTIAL

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 3.0
Sq. Ft.: 1,576
Stories: —
Lot Size: 0.4 acres
Style: Single Family Residential
Year Built: 1978
Year Renovated: 1978
County: Monroe County
APN: 07-25-336-003-000

Home facts updated by county records on Aug 26, 2026

Around this home

Schools

Rogers Elementary School

Public 2-3 • Assigned • 0.9mi

10/10

Waterloo Junior High School

Public 6-8 • Assigned • 0.9mi

7/10

Waterloo High School

Public 9-12 • Assigned • 1.2mi

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

$270,000 – $326,000

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Nearby similar homes

OPEN SUN, 11AM TO 1PM

$339,500

3 beds2.5 baths2,971 sq ft

214 Osterhage Dr, Waterloo, IL 62298

FOR SALE BY OWNER

$1,500,000

4 beds2 baths1,306 sq ft

3480 State Route 156, Waterloo, IL 62298

$1,850,000

5 beds3.5 baths4,888 sq ft

9420 Gilmore Lake Rd, Columbia, IL 62236

$440,000

3 beds2 baths3,225 sq ft

6025 Third St, Imperial, MO 63052

OPEN SAT, 12PM TO 2PM

$425,000

4 beds3.5 baths3,524 sq ft

401 Briarcliff Dr, Waterloo, IL 62298

$950,000

5 beds3.5 baths2,520 sq ft

5025 Edinburg Ct, Columbia, IL 62236

New listings for sale in 62298

NEW 13 HRS AGO

$314,900

3 beds2.5 baths1,765 sq ft

112 Jefferson, Waterloo, IL 62298

OPEN SUN, 11AM TO 1PM

$339,500

3 beds2.5 baths2,971 sq ft

214 Osterhage Dr, Waterloo, IL 62298

COMING SOON

$925,000

6 beds4.5 baths5,900 sq ft

324 Druscilla Ln, Waterloo, IL 62298

COMING SOON

$389,000

4 beds3 baths3,144 sq ft

1307 Rachael Ln, Waterloo, IL 62298

FOR SALE BY OWNER

$1,375,000

— beds— baths— sq ft

Rogers St, Waterloo, IL 62298

OPEN SAT, 11AM TO 1PM

$199,900

3 beds1 bath1,121 sq ft

309 N Moore St, Waterloo, IL 62298

OPEN SUN, 2:30PM TO 4PM

$525,000

4 beds3 baths2,540 sq ft

910 Taylor Dr, Waterloo, IL 62298

$638,000

3 beds4 baths3,406 sq ft

4176 State Route 156, Waterloo, IL 62298

FOR SALE BY OWNER

$795,000

5 beds5 baths1,895 sq ft

207 Links Ln, Waterloo, IL 62298

Home values near 502 Walnut St

Data from public records.

Address	Redfin Estimate
409 Walnut St, Waterloo, IL 2 Beds \| 2 Baths \| 1596 Sq. Ft.	$231,121
411 Walnut St, Waterloo, IL 2 Beds \| 3 Baths \| 1040 Sq. Ft.	$228,967

Address	Redfin Estimate
413 Walnut St, Waterloo, IL 3 Beds \| 1.5 Baths \| 1093 Sq. Ft.	$211,672
500 Walnut St, Waterloo, IL 2 Beds \| 5 Baths \| 1106 Sq. Ft.	$288,562

Address	Redfin Estimate
407 Walnut St, Waterloo, IL 2 Beds \| 2 Baths \| 816 Sq. Ft.	$192,721
406 Walnut St, Waterloo, IL 2 Beds \| 1 Baths \| 976 Sq. Ft.	$196,468

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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 502 Walnut St

Tax history for 502 Walnut St

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 502 Walnut St

More real estate resources