Fantastic opportunity to own a charming multi-unit property in the highly sought-after downtown Waterloo area. This well-maintained home features 2 units. The Main Unit includes 2 Bedrooms, 1 Bathroom and Spacious living area with Sunroom. The Upstairs Unit includes 1 Bedroom, 1 Bathroom. This unit is Cozy and private, ideal for tenants or as a home office. Upstairs unit is all Electric. Additional Features include Separate fenced backyard-perfect for outdoor enjoyment or gardening, Prime location-within walking distance to shops, restaurants, and transit. Potential for strong rental income or multi-generational living. Perfect for investors, first-time buyers, or those looking for a live-in income property. Don’t miss out on this fantastic downtown Waterloo gem! Tenant pays all utilities.
Active
Listing Provided by: eXp Realty
$189,900
108 Rau St, Waterloo, IL 62298
3beds
1,596sqft
Est.:
Single Family Residence
Built in 1918
7,122.06 Square Feet Lot
$-- Zestimate®
$119/sqft
$-- HOA
What's special
- 5 days |
- 1,124 |
- 33 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: March 06, 2026 at 08:04am
Listing Provided by:
Vicki Bedwell 618-550-8995,
eXp Realty
Source: MARIS,MLS#: 26012867
Originating MLS: Southwestern Illinois Board of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Heating
- Forced Air, Electric, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater, Gas Water Heater
Features
- Basement: Unfinished,Walk-Up Access
- Has fireplace: No
Interior area
- Total structure area: 1,596
- Total interior livable area: 1,596 sqft
- Finished area above ground: 1,596
Property
Parking
- Parking features: Additional Parking, Alley Access, Off Street
Features
- Levels: One and One Half
Lot
- Size: 7,122.06 Square Feet
- Dimensions: 61 x 110
- Features: Back Yard, Corner Lot
Details
- Parcel number: 0725181036000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Wood Siding
Condition
- Year built: 1918
Utilities & green energy
- Electric: Single Phase, 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: J B Moores Add
HOA
- Has HOA: No
Location
- Region: Waterloo
Financial & listing details
- Price per square foot: $119/sqft
- Tax assessed value: $150,720
- Annual tax amount: $3,237
- Date on market: 3/5/2026
- Cumulative days on market: 5 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/6/2026 | Listed for sale | $189,900-5%$119/sqft |
Source: | ||
| 7/27/2025 | Listing removed | $199,900$125/sqft |
Source: | ||
| 4/4/2025 | Listed for sale | $199,900-4.8%$125/sqft |
Source: | ||
| 4/4/2025 | Listing removed | $210,000$132/sqft |
Source: | ||
| 1/24/2025 | Listed for sale | $210,000+55.6%$132/sqft |
Source: | ||
| 10/2/2020 | Sold | $135,000+17.4%$85/sqft |
Source: | ||
| 8/25/2020 | Pending sale | $115,000$72/sqft |
Source: RE/MAX Preferred #20054005 Report a problem | ||
| 8/20/2020 | Listed for sale | $115,000+21.2%$72/sqft |
Source: RE/MAX Preferred #20054005 Report a problem | ||
| 6/13/2014 | Listing removed | $94,900$59/sqft |
Source: RE/MAX PREFERRED #4216260 Report a problem | ||
| 11/8/2013 | Listed for sale | $94,900-8.8%$59/sqft |
Source: RE/MAX PREFERRED #4216260 Report a problem | ||
| 11/4/2010 | Listing removed | $104,000$65/sqft |
Source: RE/MAX PREFERRED-SWANSEA #3010341 Report a problem | ||
| 8/21/2010 | Price change | $104,000-5.4%$65/sqft |
Source: RE/MAX PREFERRED-SWANSEA #3010341 Report a problem | ||
| 7/18/2010 | Listed for sale | $109,900+0.8%$69/sqft |
Source: Visual Tour #3010341 Report a problem | ||
| 4/23/2008 | Listing removed | $109,000$68/sqft |
Source: Visual Tour Report a problem | ||
| 1/18/2008 | Listed for sale | $109,000$68/sqft |
Source: Visual Tour #2717554 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,141 +6.3% | $50,240 +6.6% |
| 2023 | $2,954 -1.1% | $47,120 +0.6% |
| 2022 | $2,986 | $46,860 +14.9% |
| 2021 | -- | $40,780 +5.2% |
| 2020 | -- | $38,750 +2.7% |
| 2019 | -- | $37,730 +5.5% |
| 2018 | $2,416 | $35,770 -1.8% |
| 2017 | $2,416 | $36,414 +6.1% |
| 2016 | $2,416 +16.6% | $34,330 +10% |
| 2015 | $2,071 +0.1% | $31,220 -3.6% |
| 2014 | $2,069 | $32,400 -6.9% |
| 2012 | $2,069 | $34,800 -1% |
| 2011 | -- | $35,140 |
| 2010 | -- | $35,140 +0.6% |
| 2009 | -- | $34,920 +4.5% |
| 2008 | -- | $33,410 -8.7% |
| 2007 | -- | $36,600 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,248/mo
Principal & interest
$979
Property taxes
$269
Climate risks
Neighborhood: 62298
Nearby schools
GreatSchools rating
- NAW J Zahnow Elementary SchoolGrades: PK-1Distance: 0.7 mi
- 9/10Waterloo Junior High SchoolGrades: 6-8Distance: 0.6 mi
- 8/10Waterloo High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Waterloo Dist 5
- Middle: Waterloo Dist 5
- High: Waterloo
Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




