Vacant Commercial Office Space & 2 Apartments in Downtown Waterloo. Investment opportunity!! This property consist of two 1BR/1BA apartments and a commercial office space located in a high traffic location in downtown Waterloo. Refrigerator and stove in each apartment stays. Seller pays water. Tenants pay all other utilities. Central air in upstairs apartment. Window units in downstairs apartment & office. Square footage & year built unavailable through county records. Lot size will change: Garage & part of the parking lot will be deeded to adjoining property owner of 202 East 1st St. Gross operating income includes the previous tenant renting the commercial space at $525.00 month
Closed
$195,000
106 N Market St, Waterloo, IL 62298
2beds
0baths
--sqft
Multi Family
Built in ----
-- sqft lot
$197,000 Zestimate®
$--/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 18, 2025 at 08:28am
Listing Provided by:
Tina L LaChance 618-741-0189,
Strano & Associates
Bought with:
Stacey Gualdoni, 475.206488
Worth Clark Realty
Source: MARIS,MLS#: 24076612
Originating MLS: Southwestern Illinois Board of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 0
Heating
- Baseboard, Forced Air, Electric
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Electric Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: Off Street
Lot
- Size: 8,712 sqft
Details
- Parcel number: 0725236004000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Waterloo
- Subdivision: Waterloo
Other
Other facts
- Listing terms: Cash,Conventional
Services availability

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$197,000
2% more+ $3,940
With Zillow Showcase(estimated)
$200,940