$199,900

108 Rau St Waterloo, IL 62298

$2,374
Closing credit¹
3 beds
2 full
0.2 acres
House

Property details

About 108 Rau St

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.

Highlights

Home typeResidential
HeatingForced Air
StatusActive
CoolingElectric
BasementYes
Lot size0.1635 Acres
Year built1918
ParkingAdditional Parking, Alley Access, Off Street
MLS #25020931

Summary

  • Full Bathrooms: 2
  • Basement: Yes
  • Total Bedroom Count: 3
  • Attached Garage: No
  • Private Pool: No
  • Parking: Additional Parking, Alley Access, Off Street
  • Heating: Forced Air
  • Cooling: Electric
  • List Price: $199,900
  • Annual Tax Amount: $2,953
  • Tax Year: 2023
  • Directions: GPS Friendly
  • Year Built: 1918
  • Lot Size: 0.1635 Acres
  • MLS Number: 25020931
  • MLS Name: MARIS
  • Office Name: eXp Realty

IDX Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2025 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 12:53:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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rear view of house with central air condition unit, a chimney, and a yard

$199,900

108 Rau St

$2,374

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 05, 2020
Home Sold
$135,000

Tax history

YearAssessmentProperty Tax
2023$47,120$2,953
2022$46,860$-
2021$40,780$-
2020$38,750$2,586
2019$37,730$-
2018$35,770$2,415

History based on county public records data.

Nearby schools

5

Gardner Elementary School

Public District 4-5

0.8 mi

1 Ed Gardner Pl

10

Rogers Elementary School

Public District 2-3

0.8 mi

200 Rogers St

2

Valmeyer Elementary School

Public District PK-5

6.9 mi

300 S Cedar Bluff Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $60,594. The most common annual income of people living in Waterloo, IL is between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

27%
<35k
47%
35k-100k
22%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

38%
Single, No Kids
11%
Single, with Kids
27%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
7%
12-17 yrs old
19%
18-34 yrs old
37%
35-64 yrs old
22%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • SoccerSoccer
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Stein MartStein Mart
  • Old NavyOld Navy
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Jimmy JohnsJimmy Johns
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • BuickBuick
  • GMCGMC
  • ChevroletChevrolet

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • New CountryNew Country
  • CountryCountry
All data provided by Home Junction and Claritas

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Frequently asked questions

About 108 Rau St

The listing price of 108 Rau St property is $199,900.

The property 108 Rau St is a house located in Waterloo, Illinois, 62298.

Active Listing: 108 Rau St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 108 Rau St are: Gardner Elementary School (GreatSchools Rating 5/10), Rogers Elementary School (GreatSchools Rating 10/10), Valmeyer Elementary School (GreatSchools Rating 2/10), Waterloo Junior High School (GreatSchools Rating 9/10), Valmeyer Jr High School (GreatSchools Rating 3/10), Columbia Middle School (GreatSchools Rating 5/10), Waterloo High School (GreatSchools Rating 6/10), Valmeyer High School (GreatSchools Rating 9/10), Columbia High School (GreatSchools Rating 8/10).

According to the records, the last property tax for 2023 is $2,953 (source: MLS/based on county public records data).

The last sale was on October 5, 2020 for $135,000 (source: MLS/tax record).

The property at 108 Rau St has 3 bedrooms and 2 bathrooms.

The year of construction for 108 Rau St is 1918.

This home is located at 108 Rau St in Waterloo, IL and zip code 62298. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $199,900.

Waterloo, IL housing market in April 2025 saw over 13 listings sold above listed price, more than 3 sold at listed price and over 4 sold below. The number of homes for sale in Waterloo, IL increased by 19.4% between March and April 2025. In April 2025, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $350,000.

From Rocket Homes Real Estate and based on county public records data.

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