Located just south of Waterloo in Monroe County, Illinois, this 25.66+/- acre tract offers a development and investment opportunity in an established area with convenient access to Waterloo, the Metro East and the greater St. Louis area. The property is situated adjacent to Oak Valley Estates and has access from Pin Oak Drive, providing an existing connection to the surrounding residential area. The property is currently being used for agricultural purposes, offering established land use while providing an opportunity for a future owner to evaluate development plans and infrastructure options. A previous preliminary plat has been completed for the property and can be shared with interested parties upon request. The preliminary planning provides a starting point for evaluating potential development concepts, subject to review and approval. During the previous planning period, the property has been re-zoned and is ready for development. Access is available from Pin Oak Drive, with the property layout providing an opportunity for a future owner or developer to evaluate internal access and infrastructure placement. City water and other utilities are located near the property, which may provide options for connecting future improvements or development. The property's location is one of its key features. Positioned just south of Waterloo and immediately adjacent to Oak Valley Estates, the acreage is surrounded by an established residential setting. Its proximity to Illinois State Route 3 provides convenient access and connects the property easily with Waterloo and communities throughout Monroe County, the surrounding Metro East. and greater St. Louis area. Waterloo is the county seat of Monroe County and provides a range of local services, businesses, schools, restaurants, and community amenities. The property is located within the Waterloo school district, making the school district an important consideration for future planning and development. The property's location also provides access to the broader St. Louis area. The Metro East communities of St. Clair and Monroe counties are within convenient driving distance, while St. Louis, Missouri, is easily accessed as well. This combination of proximity to Waterloo, access to Route 3, nearby residential development, and connectivity to the Metro East makes the property well suited for further evaluation as a development or investment tract. This property should be evaluated based on its development potential, location, access, surrounding land uses, and available infrastructure. Prospective buyers are encouraged to complete their own due diligence on any and all other factors affecting future use of the property.
Status: Active · MLS# 26055525 · Listing Courtesy of Whitetail Properties Real Estate, LLC, [email protected]
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$ 638,934
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26055525
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Near Oak Valley Estates
Waterloo DIST 5
Monroe-IL
Land
Land
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 403 S Moore Street, Waterloo, IL 62298 | 3/1 | 1,104 | $200,000 | $200,000 100% of ask |
Nov 6, 2026 |
| 624 Timberline Drive, Waterloo, IL 62298 | 4/4 | 2,644 | $424,900 | $424,900 100% of ask |
Nov 6, 2026 |
| 310 Lincoln Street, Waterloo, IL 62298 | 3/2 | 2,619 | $375,000 | $365,800 97.5% of ask |
Nov 5, 2026 |
| 1307 Rachael Lane, Waterloo, IL 62298 | 4/3 | 1,581 | $389,000 | $385,000 99% of ask |
Nov 4, 2026 |
| 1024 W Fallen Lake Drive, Waterloo, IL 62298 | 4/2 | 2,272 | $369,900 | $370,000 100% of ask |
Oct 27, 2026 |
| 4878 Sportsman Road, Waterloo, IL 62298 | 2/1 | 1,474 | $395,000 | $375,113 95% of ask |
Oct 23, 2026 |
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