Last listed at $167,000, closed on feb 2021

$226,938

Est. refi paymentEst. refi $1,354/mo

•

1,296

sq ft

540 S Main St, Waterloo, IL 62298

About this home

Single-familyProperty Type

1948Year Built

0.25 acresLot Size

$175Est. Price/Sq.Ft.

2 car garageParking

Listed by Monica Schmidt • Century 21 Advantage

Bought with Monica Schmidt • Century 21 Advantage

Redfin checked: 2 minutes ago

•Source:MARIS as Distributed by MLS Grid #21010608

Redfin Estimate

$226,938

$60K over list price of $167K

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 3.8% lower than the average sale price ($236K) of 6 comparable homes.

SOLD JAN 15, 2026
$275,000
A
3 beds2 baths1,664 sq ft
107 Parkwood Dr, Waterloo, IL 62298
SOLD SEP 1, 2026
$225,000
B
3 beds2 baths1,413 sq ft
306 S Market St, Waterloo, IL 62298
SOLD AUG 3, 2026
$224,900
C
3 beds1 bath1,128 sq ft
429 Sunset Dr, Waterloo, IL 62298
SOLD JUL 31, 2026
$189,900
D
3 beds2 baths1,470 sq ft
203 E Mill St, Waterloo, IL 62298
SOLD AUG 26, 2026
$215,000
E
2 beds1 bath1,304 sq ft
405 Veterans Dr, Waterloo, IL 62298
SOLD APR 3, 2026
$285,000
F
3 beds2 baths1,332 sq ft
707 S Library St, Waterloo, IL 62298

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Earn from this home

Sell

$211,827

Est. take-home

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Est. cash available

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Rent

$1,351/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

98.0%

+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

$215,000
3 beds1 bath1,797 sq ft
458 N Library St, Waterloo, IL 62298
$10,000
2 beds2 baths1,200 sq ft
5245 Timber Lake Dr, Waterloo, IL 62298
$399,900
4 beds4 baths2,203 sq ft
720-722 Brittany Ct, Waterloo, IL 62298
$320,000
3 beds2.5 baths2,598 sq ft
118 Osterhage Dr, Waterloo, IL 62298
$339,900
3 beds2 baths1,500 sq ft
711 Ward, Waterloo, IL 62298
$385,000
4 beds2 baths2,641 sq ft
106 Elmwood St, Waterloo, IL 62298
$424,900
4 beds3 baths3,644 sq ft
624 Timberline Dr, Waterloo, IL 62298
See all

Provided by Redfin

Sale history for 540 S Main St

Date

Event

Price

Public Records

Feb 22, 2021

Sold

$167,000

$129/sq ft

MARIS as Distributed by MLS Grid #21010608

Feb 20, 2021

Listed

$167,000

$129/sq ft

Feb 19, 2021

Sold

Public Records

Jun 25, 2019

Sold

$167,000

$129/sq ft

MARIS as Distributed by MLS Grid #19034534

Jun 24, 2019

Sold

May 10, 2019

Contingent

—

May 9, 2019

Listed

$169,900

$131/sq ft

+22

You will love this beautiful 1.5 story home in Historic downtown Waterloo!! Just a few minute walk away from local restaurants and boutiques. The kitchen features stunning granite counter-tops, new appliances, a ceramic back-splash and gorgeous cabinets! Hardwood flooring flows throughout the main level while carpeting surrounds the upstairs bedrooms. Through various rooms you will find charming archways and calming wall colors. Step outside to the beautiful backyard perfect for gatherings. The screened patio has been freshly stained, the fire pit is sure to please on those chilly fall nights, and the fenced in back yard is great for privacy! Not only is the home and yard perfect, but this home also has a new concrete driveway leading up to the 1 car detached garage. You don't want to miss out on this beauty. Schedule a showing today!

MARIS as Distributed by MLS Grid #4414707

Dec 14, 2015

Sold

Oct 13, 2015

Listed

$129,900

$100/sq ft

+18

Charming 1 1/2 story bungalow situated in the heart of Waterloo. As you enter you will find newly refinished stunning hardwood floors that are sure to impress. The arch doorway through the main level add to the character of this home. The main floor also features a large family room, 2 bedrooms, beautifully updated full bath, dining room and galley kitchen. Additional 2 bedrooms are in the upper level. In the unfinished basement you will find the laundry hookup and loads of stage space. Create your own memories in this amazing HUGE backyard that is surround by a privacy fence and has a gardening shed. 1 car detached garage. Make sure to view this adorable home before its gone!

Public Records

Mar 14, 2007

Sold

$125,000

$96/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$3,707 (+2.7%)

$16,980 + $49,520

$66,500

2024

$3,610 (+15.6%)

$16,980 + $49,520

$66,500

2023

$3,122 (−1.0%)

$16,570 + $50,418

$66,988

2022

$3,154 (+6.0%)

$15,300 + $40,330

$55,630

2021

$2,974 (+1.4%)

$15,520 + $39,970

$55,490

2020

$2,934 (+0.4%)

$13,120 + $38,550

$51,670

2019

$2,923 (+7.4%)

$13,120 + $36,730

$49,850

2018

$2,721 (+3.2%)

$13,120 + $36,020

$49,140

2017

$2,638 (+3.0%)

$10,240 + $34,680

$44,920

2016

$2,560 (−0.8%)

$9,580 + $34,720

$44,300

2015

$2,581 (+8.0%)

$9,580 + $34,720

$44,300

2014

$2,390 (+2.0%)

$11,080 + $33,820

$44,900

2013

$2,344

$11,080 + $31,630

$42,710

Tax history for 540 S Main St

Year

Property tax

Land + Additions

Assessment*

2025

$3,707 (+2.7%)

$16,980 + $49,520

$66,500

2024

$3,610 (+15.6%)

$16,980 + $49,520

$66,500

2023

$3,122 (−1.0%)

$16,570 + $50,418

$66,988

2022

$3,154 (+6.0%)

$15,300 + $40,330

$55,630

2021

$2,974 (+1.4%)

$15,520 + $39,970

$55,490

2020

$2,934 (+0.4%)

$13,120 + $38,550

$51,670

2019

$2,923 (+7.4%)

$13,120 + $36,730

$49,850

2018

$2,721 (+3.2%)

$13,120 + $36,020

$49,140

2017

$2,638 (+3.0%)

$10,240 + $34,680

$44,920

2016

$2,560 (−0.8%)

$9,580 + $34,720

$44,300

2015

$2,581 (+8.0%)

$9,580 + $34,720

$44,300

2014

$2,390 (+2.0%)

$11,080 + $33,820

$44,900

2013

$2,344

$11,080 + $31,630

$42,710

*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

0.25 Acres

Year renovated

1948

Sq. Ft.

864

Year built

1948

Style

Single Family Residential

County

Monroe County

APN

07-25-434-017-000

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: 2
Parking Features: Detached
Garage Spaces: 2
Carport Spaces: 0
Has Garage

Interior

Bedroom Information
# of Bedrooms: 4
# of Bedrooms Main: 2

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

Basement Information
Has Basement
Basement Features: Full, Unfinished

Other Rooms Information
# of Rooms: 7

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

Exterior

Building Information
Construction Materials: Vinyl Siding

Property Information
Ownership Type: Owner by Contract
Property Type: Residential
Property Sub Type: Residential
Above Grade Finished Area: 1,296
Above Grade Finished Area Source: Public Records

Lot Information
Lot Size Acres: 0.25
Lot Size Dimensions: .25 acres
Lot Size Source: County Records

Financial

Tax Information
Tax Annual Amount: $2,923
Tax Year: 2019

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.: 864
Stories: 1.5
Lot Size: 0.25 acres
Style: Single Family Residential
Year Built: 1948
Year Renovated: 1948
County: Monroe County
APN: 07-25-434-017-000

Home facts updated by county records on Aug 26, 2026

Other

Home Information
Levels: One and One Half

Around this home

Schools

Gardner Elementary School

Public 4-5 • Assigned • 0.6mi

6/10

Waterloo Junior High School

Public 6-8 • Assigned • 0.8mi

7/10

Waterloo High School

Public 9-12 • Assigned • 0.9mi

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

$216,000 – $261,000

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FOR SALE BY OWNER

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New listings for sale in 62298

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458 N Library St, Waterloo, IL 62298

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5245 Timber Lake Dr, Waterloo, IL 62298

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720-722 Brittany Ct, Waterloo, IL 62298

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3 beds2.5 baths2,598 sq ft

118 Osterhage Dr, Waterloo, IL 62298

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711 Ward, Waterloo, IL 62298

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4 beds2 baths2,641 sq ft

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Home values near 540 S Main St

Data from public records.

Address	Redfin Estimate
526 South Main St, Waterloo, IL 1 Beds \| 2 Baths \| 899 Sq. Ft.	$178,205
539 South Main St, Waterloo, IL 2 Beds \| 2 Baths \| 1410 Sq. Ft.	$214,559

Address	Redfin Estimate
530 South Main St, Waterloo, IL 2 Beds \| 2 Baths \| 1355 Sq. Ft.	$195,699
524 South Main St, Waterloo, IL 3 Beds \| 2 Baths \| 884 Sq. Ft.	$205,823

Address	Redfin Estimate
529 South Main St, Waterloo, IL 2 Beds \| 2 Baths \| 952 Sq. Ft.	$190,703
537 South Main St, Waterloo, IL 3 Beds \| 2 Baths \| 840 Sq. Ft.	$213,162

Property information provided by MARIS as Distributed by MLS Grid when last listed in 2021. 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 540 S Main St

Tax history for 540 S Main 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 540 S Main St

More real estate resources