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1521 Rachael Lane, Waterloo, IL, 62298

MISSION: Find a home that's actually move-in ready. STATUS: Accomplished. Built in 2015, this 4-bedroom, 3-bath home on the north end of Waterloo is ready for its next owners, and unlike your last DIY project, this one doesn't come with a never-ending to-do list. The main level offers an open layout with a spacious kitchen, a pantry big enough to hide all the snacks, and a mudroom/laundry room just off the 2-car garage. You'll also find two secondary bedrooms, a full bathroom, and a spacious primary suite featuring a dual sink vanity, walk-in shower, and a large walk-in closet. The walk-out basement is where things get interesting. Kick back at the custom bar, catch the big game or movie night with the projector and surround sound, challenge your friends to a game of darts, and don't miss the hidden bookshelf that opens to a secret closet. It's the kind of feature that makes every first-time visitor say, "Wait... do that again!" The lower level also includes the fourth bedroom and an additional full bathroom. Out back, you'll find a deck overlooking the backyard, plus the walk-out patio below, giving you two great spots to enjoy the outdoors. Finished with a brick front and located on the desirable north end of Waterloo, this home is clean, updated, and truly move-in ready. The only thing left to do is move in... and decide what belongs in the secret bookshelf closet.

Subdivision: Rose Meadows

List Price

$ 370,900

Status

Active Under Contract

Days on market

0

MLS#

26046372

Bedrooms

4

Full baths

3

Sq. Ft. Above

2,452

Sq. Ft. Below

852

Subdivision

Rose Meadows

Municipality

Waterloo

School District

Waterloo DIST 5

County

Monroe-IL

Property Type

Residential

Style

Ranch

Type

Residential

Additional Information

Property Tax (2024)

$5,714

Recent Nearby Sales in 62298

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
217 Magnolia Avenue, Waterloo, IL 62298 4/2 2,900 $275,000 $240,000
87.3% of ask
Sep 4, 2026
6269 Maeystown Road, Waterloo, IL 62298 3/1 840 $199,999 $350,000
175% of ask
Sep 2, 2026
612 Legacy Drive, Waterloo, IL 62298 0/0 -- $85,500 $85,500
100% of ask
Sep 2, 2026
306 S Market Street, Waterloo, IL 62298 3/2 896 $225,000 $220,000
97.8% of ask
Sep 1, 2026
1615 State Route 156, Waterloo, IL 62298 3/1 1,350 $190,000 $175,000
92.1% of ask
Aug 31, 2026
7812 White Tail Circle, Waterloo, IL 62298 4/4 3,300 $825,000 $810,000
98.2% of ask
Aug 31, 2026

Price & Listing History

Listed for sale
Jul 22, 2026 at $370,900
Current status: Active Under Contract
As of Jul 28, 2026 · $370,900

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Room Dimensions

Room Type

Living Room

Room Dimensions

15x17

Breakfast Room

10x11

Kitchen

11x18

Bathroom

5x6

Bedroom

11x11

Bedroom

10x10

Primary Bedroom

13x15

Primary Bathroom

6x9

Bedroom

24x11

Bathroom

6x11