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5245 Timber Lake Drive, Waterloo, IL, 62298

Rare opportunity in Waterloo! This spacious 0.18-acre lot in the peaceful Timber Lakes subdivision offers flexibility and upside for the right buyer. Whether you're an investor looking for your next income project, a buyer seeking an affordable entry into Waterloo, or someone wanting a quiet lot to hold, renovate, or reimagine, the potential here is unmatched. The existing 2-bedroom, 2-bathroom, wide layout provides a solid head start. Property to be sold AS-IS. Bring your vision and make an offer today!

Status: Active · MLS# 26063357 · Listing Courtesy of The Hermann London Group, Llc, [email protected]

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Subdivision: Timber Lakes

List Price

$ 10,000

Status

Active

Days on market

0

MLS#

26063357

Bedrooms

2

Full baths

2

Sq. Ft. Above

1,200

Subdivision

Timber Lakes

School District

Waterloo DIST 5

County

Monroe-IL

Property Type

Residential

Style

A-Frame,Ranch

Type

Residential

Additional Information

Recent Nearby Sales in 62298

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

Price & Listing History

Listed for sale
Oct 1, 2026 at $10,000
Current status: Active
As of Oct 2, 2026 · $10,000

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