208 N Library St, Waterloo, IL 62298
Property image
Property image
FOR SALE
3D VIEW
0.25 ACRES
Listed by Sam Row, Keller Williams Pinnacle, (618) 972-6030

$474,900

Original price: $499,900
  • 8 Beds
  • 5 Baths

208 N Library St, Waterloo, IL 62298

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Home Highlights

Multi-Family
Built in 1986
0.25 acre lot
2 Car Garage

Local Information

  • Map ViewExplore the area around 208 N Library St.
  • Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Unique properties like this rarely come available in Waterloo! This incredible opportunity offers flexibility for an owner-occupant, multi-generational setup, or investor seeking strong income potential. The property features four total living spaces consisting of an impeccably maintained main residence, an attached lower-level in-law/basement apartment , and a beautifully updated duplex fronting Magnolia Street.

The main home has been exceptionally cared for with numerous updates including freshly painted rooms, newer roof, beautiful finishes, and excellent curb appeal. The main level is an open floor plan concept along with 2 bedrooms (including the primary suite w/ private bathroom & walk-in closet) and a huge screened-in porch overlooking the spacious side yard. The walkout lower level offers two additional bedrooms, full bath, office/laundry area, & ample storage. Currently configured as a 4 bedroom, 3 bath residence, the main home also includes an attached 1-car garage plus a detached 1-car garage. The attached garage area is already plumbed for a kitchen setup and, subject to buyer verification, may provide future flexibility for additional living configuration options (dividing the main home into an upper & lower level unit with conversion of the attached garage). The main home has always been owner-occupied so no rental history is available.

Connecting the main home and Magnolia duplex is a lower-level in-law/basement studio suite offering additional flexibility for extended family, guest use, or potential income opportunities. This unit features 1 bathroom, kitchen/living space, & sleeping area/bonus room. Please verify with your Buyer's Agent details regarding this unit.

The Magnolia duplex is an older building connected to the main home through studio suite and has been extensively remodeled over the years while maintaining its original exterior character. Each unit offers a main-level bedroom, full bath, kitchen, living room, main-floor laundry, plus a loft area with an additional bedroom — creating 2 bedroom, 1 bath layouts on each side. When you walk in the front doors, you will be wowed by the soaring ceilings as you look up to the loft! Tenants love the covered front porches & fenced, private rear courtyards for ultimate outdoor privacy, entertainment, & relaxation.

Current rent amounts are believed to be well below prevailing market rates for Waterloo, creating additional upside potential.
Whether you are looking to live in the primary home while collecting rental income, create a multi-generational property, or maximize future investment potential, this property offers possibilities rarely found in today’s market. Modern updates, income potential, flexibility, and truly one of a kind — this is a property you MUST need to see in person to fully appreciate. Agent Related

Home Details for 208 N Library St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Other,Sleeping Area,Walk-Out Access,Walk-Up Access
Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 5
Appliances & Utilities
Utilities: Cable Available, Phone Available, Sewer Connected, Water ConnectedLaundry: See Remarks
Heating & Cooling
Heating: Varies by UnitHas CoolingAir Conditioning: Varies by UnitHas HeatingHeating Fuel: Varies By Unit
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Other
Levels, Entrance, & Accessibility
Levels: Multi/Split

Exterior Features

Exterior Home Features
Roof: Architectural Shingle MetalPatio / Porch: Covered, Deck, Patio, Screened, See RemarksExterior: Entry Steps/Stairs, Other, Uncovered CourtyardNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Attached,Detached,On Street
Frontage
Not on Waterfront

Days on Market

Cumulative Days on Market: 87Days on Market: 99

Property Information

Year Built
Year Built: 1986
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Other
Building
Construction Materials: Vinyl Siding, Wood Siding
Property Information
Parcel Number: 0725203001000

Price & Status

Price
List Price: $474,900
Status Change & Dates
Possession Timing: See Remarks

Media

Location

Direction & Address
City: WaterlooCommunity: Martin'S Add
School Information
Elementary School: Waterloo Dist 5Jr High / Middle School: Waterloo Dist 5High School: WaterlooHigh School District: Waterloo DIST 5

Agent Information

Listing Agent
Listing ID: 26029879

Community

Not Senior Community

HOA

Association for this Listing: Southwestern Illinois Board of REALTORSNo HOA

Lot Information

Lot Area: 10815.948 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan

Business

Business Information
Ownership: Private

Miscellaneous

BasementMls Number: 26029879Showing Requirements: Register and Show

Around this home

What Locals Say about Waterloo

At least 62 Trulia users voted on each feature.

  • 94 % Say it's dog friendly

  • 92 % Say parking is easy

  • 92 % Say yards are well-kept

  • 90 % Say people would walk alone at night

  • 85 % Say there's holiday spirit

  • 82 % Say car is needed

  • 82 % Say kids play outside

  • 79 % Say streets are well-lit

  • 77 % Say it's quiet

  • 63 % Say neighbors are friendly

  • 62 % Say there are sidewalks

  • 59 % Say they plan to stay for at least 5 years

  • 49 % Say it's walkable to restaurants

  • 45 % Say there's wildlife

  • 42 % Say there are community events

  • 36 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Juanita T.
    "It is a nice quiet neighborhood. People like to take walks and go to the parks and lakes. The dog parks are awesome for our four-legged friends."
    3
    Flag
  • Samantha L. .
    "Long but definitely better then the city traffic. I would always prefer the commute any day except during the winter "
    1
    Flag
  • Shelly_graves
    "Plenty of space in homes and yards, and a great place to walk. Parks nearby. Open fields. Quiet. Low traffic. "
    1
    Flag
  • Stacy S.
    "Safe for children great schools but limited after school activities unless you do Sports. Community school very big in agriculture education "
    0
    Flag
  • Claytonbour
    "Top quality schools, super low crime rate. Great area to raise a family. Can’t ask for a better place in Illinois or STL metropolitan area. "
    0
    Flag
  • Jennifer C. G.
    "We have parades and gatherings in the town square for holidays. The town lights up the street poles with Christmas Light Ornaments in December, it’s beautiful."
    0
    Flag
  • Jennifer C. G.
    "I have lived here for over 10 years the people are friendly, it has a wonderful sense of community and is a great place to bring up a family."
    0
    Flag
  • Suzanne S. R.
    "They would like that there are sidewalks all over the neighborhood . The streets are wide and people look out for each other "
    1
    Flag
  • Suzanne S. R.
    "There is true sense of community in Waterloo. Many people will come back here to raise their families. Lots of parks and events for the whole family. The downtown area is revitalizing it’s self . So much to do . Great place to live "
    0
    Flag
  • Christina F
    "Plenty of space, dogs can poop anywhere and you don’t have to pick it up outside of city limits. Roads and sidewalks are well maintained there is a great dog park near town and lots of people enjoy the community events"
    0
    Flag
  • edkane6431
    "It is a very quite and private close to a lovey park with lakes."
    0
    Flag

Market trends in Waterloo

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$293K
$7.5KMoM
Sale-to-List Price
—
Price per sq ft
$165
$2MoM
Available listings
45
14MoM

Home Value

Trulia Estimate
$458K
Since last month
Decreased$300 (-0.1%)
Since last year
Increased$5K (+1.1%)
Since last sale
Increased$258K (+129%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +156% in the last 10 years
MonthEstimated value
2026
September 2026$458K
August 2026$454K
July 2026$458K
June 2026$450K
May 2026$501K
April 2026$466K
March 2026$463K
February 2026$456K
January 2026$434K
2025
2024
2023
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
101 Jefferson Dr, Waterloo, IL
0.85
Multi-Family Home
$310,000
01/22/26
4
2
1,998
404-406 Flower St, Waterloo, IL
0.12
Multi-Family Home
$217,000
05/21/26
-
1,980
603 N Market St, Waterloo, IL
0.43
Multi-Family Home
$339,000
07/31/26
-
2,365

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
218 Magnolia Ave, Waterloo, IL 62298
0.01
$175,000
2
1
1,031
Recently Sold
206 N Library St, Waterloo, IL 62298
0.03
$297,500
4
2
1,626
Off Market
217 Magnolia Ave, Waterloo, IL 62298
0.04
$240,000
4
2
3,004
Recently Sold
206 Magnolia Ave, Waterloo, IL 62298
0.05
$239,900
3
3
1,311
Recently Sold
311 N Library St, Waterloo, IL 62298
0.08
$224,200
3
1
1,010
Off Market
207 Flower St, Waterloo, IL 62298
0.06
$155,200
3
2
1,114
Off Market
404-406 Flower St, Waterloo, IL 62298
0.12
$217,000
Studio
-
1,980
Recently Sold
216 N Church St, Waterloo, IL 62298
0.10
$197,700
1
1
1,118
Off Market
320 N Library St, Waterloo, IL 62298
0.14
$250,800
4
2.5
2,108
Off Market
319 N Church St, Waterloo, IL 62298
0.15
$129,100
2
1
1,014
Off Market
314 N Church St, Waterloo, IL 62298
0.15
$226,100
4
2
2,268
Recently Sold

Price and Tax history

DateEventPrice
Jul 10, 2026
Source: MARIS #26029879
PriceChange
$474,900
Price decreased by 5%
May 29, 2026
Source: MARIS #26029879
Listed For Sale
$499,900
Nov 25, 2015
Source: MARIS #4416435
Sold
$200,000
Mar 7, 2012
Source: Agent Provided
ListingRemoved
$349,000
Mar 6, 2012
Source: Agent Provided
Listed For Sale
$349,000

LGBTQ Local Legal Protections

Sam Row, Keller Williams Pinnacle
Agent Phone: (618) 972-6030
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Click here for more information

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Frequently asked questions about 208 N Library St

  • What is the estimated monthly payment for 208 N Library St?
    Based on a $474,900 list price with 20% down at today's rates, the estimated monthly payment for 208 N Library St in Waterloo, IL is approximately $3,265 (about $2,517 principal & interest, $673 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 208 N Library St compare to homes in Waterloo?
    208 N Library St in Waterloo, IL is listed at $474,900, about 62% above the $293K median sale price in Waterloo.
  • What do residents say about Waterloo?
    Residents describe Waterloo, IL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Waterloo, IL.
  • What are the closest schools to 208 N Library St?
    The closest schools to 208 N Library St in Waterloo, IL are Gardner Elementary School (rated 6/10), Rogers Elementary School (rated 10/10), W J Zahnow Elementary School (Pre-K).
  • Does 208 N Library St have air conditioning?
    Yes, 208 N Library St in Waterloo, IL has air conditioning.
  • Does 208 N Library St have laundry facilities?
    Yes, 208 N Library St in Waterloo, IL has laundry facilities.
208 N Library St, Waterloo, IL 62298 is a 8 bedroom, 5 bathroom multi-family built in 1986. This property is currently available for sale and was listed by MARIS on May 27, 2026. The MLS # for this home is MLS# 26029879.