Backup offers
#25046039, Listing office: eXp Realty
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 typeSingle Family Residence
HeatingForced Air, Electric, Natural Gas
StatusActive
CoolingCentral Air, Electric
Size1,596 sqft
BasementYes
Lot size0.1635 Acres
Year built1918
ParkingAdditional Parking, Alley Access, Off Street
MLS #25020931
Summary
- Full Bathrooms: 2
- Appliances: Electric Water Heater, Gas Water Heater
- Basement: Yes
- Total Bedroom Count: 3
- Parking: Additional Parking, Alley Access, Off Street
- Architectural Style: Other
- Heating: Forced Air, Electric, Natural Gas
- Cooling: Central Air, Electric
- List Price: $199,900
- Price/SqFt: $125
- Annual Tax Amount: $2,953
- Tax Year: 2023
- Directions: GPS Friendly
- Year Built: 1918
- Living Area: 1,596 SqFt
- Lot Size: 0.1635 Acres
- MLS Number: 25020931
- MLS Name: MARIS2
- Office Name: eXp Realty
- Office Phone: (888) 574-9405
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.
DMCA Notice
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: 7/27/2025, 2:38:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 05, 2020 | Home Sold | $135,000 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $60,594. Typical income of Waterloo, IL residents is between $35k-100k annually. 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 Skating
Soccer
Extreme Sports
Where do the neighbors shop?
Stein Mart
Old Navy
Academy Sports & Outdoors
Where do the neighbors go to eat?
Bob Evans
Jimmy Johns
Little Caesars
What do the neighbors drive?
Buick
GMC
Chevrolet
What do the neighbors listen to?
Adult Standards
New Country
Country
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 property 108 Rau St is 1,596 SqFt (source: MLS/tax record).
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. This 1,596 square foot home, which was built in 1918, sits on a 0.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $199,900.
In June 2025 more than 5 listings in Waterloo, IL were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 9 were sold below. The inventory of homes for sale in Waterloo, IL between May and June 2025 increased by 12.5%. In June 2025 median list price was $345,000 and the average listing age was 52 days.
From Rocket Homes Real Estate and based on county public records data.