Real Estate Investment Properties for Sale in Waterloo, IL

Looking for investment property in Waterloo, IL with high ROI ?

Explore a variety of short-term homes & houses in Waterloo, IL. Invest wisely with VRBO & Waterloo, IL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Waterloo, IL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
601 Hartman Lane Waterloo, IL Now is your chance to Live Where You Love!! Discover your dream home in this fabulous 4 B...	5 beds \| 3 baths \| 2,962 sq.ft.	$395,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.17% Airbnb Rental Income: $null Traditional Rental Income: $2939 Airbnb ROI: N/A Traditional ROI: 5.17%
5063 Rock Road Waterloo, IL Acreage, sheds, woods, pond, wildlife, mushroomsâ¦ this property is every outdoor loverâ...	4 beds \| 2 baths \| 2,116 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.56% Airbnb Rental Income: $null Traditional Rental Income: $2707 Airbnb ROI: N/A Traditional ROI: 3.56%
237 N Moore St Waterloo, IL Charming 3 bedroom home with a great location in the heart of town, and exceptional curb a...	3 beds \| 2 baths \| 1,204 sq.ft.	$209,900	Airbnb cash on cash: 2.06% Traditional cash on cash: 4.94% Airbnb Rental Income: $1345 Traditional Rental Income: $1506 Airbnb ROI: 2.06% Traditional ROI: 4.94%
314 N Church St Waterloo, IL Extensively updated home with income potential! 314 Church St. offers 2,268 sq ft on a dou...	4 beds \| 2 baths \| 2,268 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.93% Airbnb Rental Income: $null Traditional Rental Income: $2261 Airbnb ROI: N/A Traditional ROI: 6.93%
306 Walnut St Waterloo, IL Step into this beautifully restored brick historic home, where timeless charm meets modern...	4 beds \| 1 baths \| 1,380 sq.ft.	$259,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.97% Airbnb Rental Income: $null Traditional Rental Income: $1872 Airbnb ROI: N/A Traditional ROI: 4.97%
108 Rau Street Street Waterloo, IL Fantastic opportunity to own a charming multi-unit property in the highly sought-after dow...	3 beds \| 2 baths \| 1,596 sq.ft.	$179,900	Airbnb cash on cash: 2.13% Traditional cash on cash: 8.41% Airbnb Rental Income: $1345 Traditional Rental Income: $2006 Airbnb ROI: 2.13% Traditional ROI: 8.41%
403 S Market Street Waterloo, IL Beautifully remodeled 1.5-story home located in the heart of Waterloo! The updated kitchen...	2 beds \| 2 baths \| 1,400 sq.ft.	$249,000	Airbnb cash on cash: 1.47% Traditional cash on cash: 3.92% Airbnb Rental Income: $1412 Traditional Rental Income: $1564 Airbnb ROI: 1.47% Traditional ROI: 3.92%
910 Seneca Drive Waterloo, IL TO BE BUILT â The Sequoia by Jason Schmidt Construction in Quail Ridge Subdivision! This...	4 beds \| 3 baths \| 1,872 sq.ft.	$489,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.22% Airbnb Rental Income: $null Traditional Rental Income: $2190 Airbnb ROI: N/A Traditional ROI: 3.22%
914 Seneca Drive Waterloo, IL TO BE BUILT â The Orchard by Jason Schmidt Construction in Quail Ridge Subdivision! This...	3 beds \| 2 baths \| 1,673 sq.ft.	$442,710	Airbnb cash on cash: 0.62% Traditional cash on cash: 2.97% Airbnb Rental Income: $1345 Traditional Rental Income: $1906 Airbnb ROI: 0.62% Traditional ROI: 2.97%
918 Seneca Drive Waterloo, IL TO BE BUILT â The Meadow View by Jason Schmidt Construction in Quail Ridge Subdivision! ...	3 beds \| 2 baths \| 1,644 sq.ft.	$429,300	Airbnb cash on cash: 0.67% Traditional cash on cash: 3.07% Airbnb Rental Income: $1345 Traditional Rental Income: $1897 Airbnb ROI: 0.67% Traditional ROI: 3.07%
922 Seneca Drive Waterloo, IL TO BE BUILT â The White Oak by Jason Schmidt Construction in Quail Ridge Subdivision! Th...	3 beds \| 2 baths \| 1,625 sq.ft.	$427,400	Airbnb cash on cash: 0.68% Traditional cash on cash: 2.99% Airbnb Rental Income: $1345 Traditional Rental Income: $1856 Airbnb ROI: 0.68% Traditional ROI: 2.99%
926 Seneca Drive Waterloo, IL TO BE BUILT â The Cedar Creek by Jason Schmidt Construction in Quail Ridge Subdivision! ...	3 beds \| 2 baths \| 1,692 sq.ft.	$431,200	Airbnb cash on cash: 0.66% Traditional cash on cash: 3.07% Airbnb Rental Income: $1345 Traditional Rental Income: $1905 Airbnb ROI: 0.66% Traditional ROI: 3.07%
404-406 Flower Street Waterloo, IL Renovated in 2025, this duplex near downtown Waterloo is an ideal investment or live-in op...	N/A beds \| N/A baths \| 1,980 sq.ft.	$232,900	Airbnb cash on cash: 2.96% Traditional cash on cash: 7.13% Airbnb Rental Income: $1791 Traditional Rental Income: $2223 Airbnb ROI: 2.96% Traditional ROI: 7.13%
334 Jenny Court Waterloo, IL Discover the Oakley: A Contemporary Ranch by Quantum Homes, Inc. The Oakley is a popular p...	3 beds \| 2 baths \| 1,639 sq.ft.	$429,640	Airbnb cash on cash: -1.22% Traditional cash on cash: 1.26% Airbnb Rental Income: $1345 Traditional Rental Income: $1929 Airbnb ROI: -1.22% Traditional ROI: 1.26%
330 Jenny Court Waterloo, IL New Construction: Customizable "The Cheyenne" Plan at Natalie Estates This is a To Be Buil...	3 beds \| 3 baths \| 1,946 sq.ft.	$440,990	Airbnb cash on cash: -1.27% Traditional cash on cash: 1.71% Airbnb Rental Income: $1345 Traditional Rental Income: $2164 Airbnb ROI: -1.27% Traditional ROI: 1.71%
1017 Waymaker Lane Waterloo, IL Visit the Display Home Open House at 1013 Waymaker Ln, Waterloo, IL. New Construction: Cus...	3 beds \| 2 baths \| 1,878 sq.ft.	$436,550	Airbnb cash on cash: -1.2% Traditional cash on cash: 1.54% Airbnb Rental Income: $1345 Traditional Rental Income: $2049 Airbnb ROI: -1.2% Traditional ROI: 1.54%
630 Hamacher Street Waterloo, IL Enjoy comfortable, low-maintenance living on Mystic Oak Golf Course in this well-maintaine...	3 beds \| 3 baths \| 2,464 sq.ft.	$325,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 5.44% Airbnb Rental Income: $1345 Traditional Rental Income: $2319 Airbnb ROI: 0.9% Traditional ROI: 5.44%
1123 Waymaker Ln Waterloo, IL 1123 Waymaker Ln, Waterloo, IL 62298 \| Single Family Residential	3 beds \| 2 baths \| 1,729 sq.ft.	$499,000	Airbnb cash on cash: -1.46% Traditional cash on cash: 0.35% Airbnb Rental Income: $1345 Traditional Rental Income: $1776 Airbnb ROI: -1.46% Traditional ROI: 0.35%
5728 Brand Woods Dr Waterloo, IL 5728 Brand Woods Dr, Waterloo, IL 62298 \| Other	N/A beds \| N/A baths \| N/A	$99,900	Airbnb cash on cash: 9.18% Traditional cash on cash: 3.91% Airbnb Rental Income: $1791 Traditional Rental Income: $792 Airbnb ROI: 9.18% Traditional ROI: 3.91%
0 Clayton Rd Waterloo, IL 0 Clayton Rd, Waterloo, IL 62298 \| Other	N/A beds \| N/A baths \| N/A	$99,995	Airbnb cash on cash: 9.26% Traditional cash on cash: 4% Airbnb Rental Income: $1791 Traditional Rental Income: $792 Airbnb ROI: 9.26% Traditional ROI: 4%
XXX KK Rd Waterloo, IL XXX KK Rd, Waterloo, IL 62298 \| Other	N/A beds \| N/A baths \| N/A	$199,900	Airbnb cash on cash: 3.15% Traditional cash on cash: 0.46% Airbnb Rental Income: $1791 Traditional Rental Income: $792 Airbnb ROI: 3.15% Traditional ROI: 0.46%
0 Lot 14 Ahne Rd Waterloo, IL 0 Lot 14 Ahne Rd, Waterloo, IL 62298 \| Other	N/A beds \| N/A baths \| N/A	$125,000	Airbnb cash on cash: 6.85% Traditional cash on cash: 2.6% Airbnb Rental Income: $1791 Traditional Rental Income: $792 Airbnb ROI: 6.85% Traditional ROI: 2.6%
3028 Hh Rd Waterloo, IL 3028 Hh Rd, Waterloo, IL 62298 \| Single Family Residential	3 beds \| 1 baths \| 1,512 sq.ft.	$225,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 2.28% Airbnb Rental Income: $1345 Traditional Rental Income: $1267 Airbnb ROI: 0.71% Traditional ROI: 2.28%
325 N Market Street Waterloo, IL This sprawling all-brick ranch offers more than 1,850 square feet on the main level with a...	3 beds \| 2 baths \| 3,450 sq.ft.	$309,500	Airbnb cash on cash: 0.2% Traditional cash on cash: 3.96% Airbnb Rental Income: $1345 Traditional Rental Income: $2027 Airbnb ROI: 0.2% Traditional ROI: 3.96%
143 Sterritt Run Waterloo, IL 143 Sterritt Run, Waterloo, IL 62298 \| Single Family Residential	4 beds \| 2 baths \| 4,147 sq.ft.	$612,500	Airbnb cash on cash: N/A Traditional cash on cash: -0.54% Airbnb Rental Income: $null Traditional Rental Income: $1680 Airbnb ROI: N/A Traditional ROI: -0.54%
1009 Waymaker Lane Waterloo, IL Move in Ready New Construction Ranch with thoughtful finishes and modern conveniences. Vau...	3 beds \| 2 baths \| 1,579 sq.ft.	$419,900	Airbnb cash on cash: -1.13% Traditional cash on cash: 1.38% Airbnb Rental Income: $1345 Traditional Rental Income: $1919 Airbnb ROI: -1.13% Traditional ROI: 1.38%
454 Mary Dr Waterloo, IL 454 Mary Dr, Waterloo, IL 62298 \| Single Family Residential	4 beds \| 3 baths \| 2,845 sq.ft.	$340,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.96% Airbnb Rental Income: $null Traditional Rental Income: $2395 Airbnb ROI: N/A Traditional ROI: 3.96%
XXX Konarcik Waterloo, IL XXX Konarcik, Waterloo, IL 62298 \| Other	N/A beds \| N/A baths \| N/A	$234,900	Airbnb cash on cash: 2.22% Traditional cash on cash: 0.25% Airbnb Rental Income: $1791 Traditional Rental Income: $866 Airbnb ROI: 2.22% Traditional ROI: 0.25%
951 Forbs Drive Waterloo, IL New construction home in the desirable Quail Ridge subdivision, located directly across fr...	3 beds \| 2 baths \| 1,731 sq.ft.	$449,500	Airbnb cash on cash: -1.44% Traditional cash on cash: 1.2% Airbnb Rental Income: $1345 Traditional Rental Income: $2040 Airbnb ROI: -1.44% Traditional ROI: 1.2%
5268 State Route 156 Waterloo, IL This home offers a beautiful country setting on 1.6 acres with mature trees, all just minu...	3 beds \| 2 baths \| 1,638 sq.ft.	$289,000	Airbnb cash on cash: 1.31% Traditional cash on cash: 4.69% Airbnb Rental Income: $1345 Traditional Rental Income: $1852 Airbnb ROI: 1.31% Traditional ROI: 4.69%
6 Dwight Street Waterloo, IL Located on the north end of Waterloo, this well-maintained all-brick home offers a strong ...	3 beds \| 2 baths \| 2,437 sq.ft.	$335,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 4.59% Airbnb Rental Income: $1345 Traditional Rental Income: $2236 Airbnb ROI: 0.45% Traditional ROI: 4.59%
203 E Mill Street Waterloo, IL Charming historic home just one block from Waterlooâs City Square. This 3 bed, 2 bath ho...	3 beds \| 2 baths \| 1,470 sq.ft.	$234,900	Airbnb cash on cash: 1.33% Traditional cash on cash: 5.75% Airbnb Rental Income: $1345 Traditional Rental Income: $1915 Airbnb ROI: 1.33% Traditional ROI: 5.75%
1033 Turtle Dove Trl Waterloo, IL 1033 Turtle Dove Trl, Waterloo, IL 62298 \| Single Family Residential	5 beds \| 3 baths \| 2,180 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.61% Airbnb Rental Income: $null Traditional Rental Income: $2097 Airbnb ROI: N/A Traditional ROI: 0.61%
000 Vandebrook Dr Waterloo, IL 000 Vandebrook Dr, Waterloo, IL 62298 \| Other	N/A beds \| N/A baths \| N/A	$190,000	Airbnb cash on cash: 3.48% Traditional cash on cash: 1.21% Airbnb Rental Income: $1791 Traditional Rental Income: $893 Airbnb ROI: 3.48% Traditional ROI: 1.21%
609 Willow Ln Waterloo, IL 609 Willow Ln, Waterloo, IL 62298 \| Single Family Residential	3 beds \| 1 baths \| 2,304 sq.ft.	$230,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 2.2% Airbnb Rental Income: $1345 Traditional Rental Income: $1275 Airbnb ROI: 0.62% Traditional ROI: 2.2%

Real Estate investment in Waterloo, IL

There are 63 properties for sale in the city of Waterloo . The median list price in Waterloo is $199,900 and the average price per square foot is $118. In May 2026, the average monthly cash on cash return in Waterloo is 4.00%. The average monthly rental income in Waterloo is $1,906.

Waterloo, IL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 63 investment properties available for sale in Waterloo.

In 2026, the best neighborhood to buy investment property is Waterloo.

The ROI for Long-Term is higher than the Short-Term in Waterloo with average rental income of $1,906.

Your search for investment property begins and ends here

Investment Property for Sale in Waterloo, IL

601 Hartman Lane

Waterloo, IL

5 beds | 3 baths | 2,962 sq.ft.

$395,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.17%

Airbnb Rental Income: $null

Traditional Rental Income: $2939

Airbnb ROI: N/A

Traditional ROI: 5.17%

5063 Rock Road

Waterloo, IL

4 beds | 2 baths | 2,116 sq.ft.

$499,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.56%

Airbnb Rental Income: $null

Traditional Rental Income: $2707

Airbnb ROI: N/A

Traditional ROI: 3.56%

237 N Moore St

Waterloo, IL

3 beds | 2 baths | 1,204 sq.ft.

$209,900

Airbnb cash on cash: 2.06%

Traditional cash on cash: 4.94%

Airbnb Rental Income: $1345

Traditional Rental Income: $1506

Airbnb ROI: 2.06%

Traditional ROI: 4.94%

314 N Church St

Waterloo, IL

4 beds | 2 baths | 2,268 sq.ft.

$250,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.93%

Airbnb Rental Income: $null

Traditional Rental Income: $2261

Airbnb ROI: N/A

Traditional ROI: 6.93%

306 Walnut St

Waterloo, IL

4 beds | 1 baths | 1,380 sq.ft.

$259,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.97%

Airbnb Rental Income: $null

Traditional Rental Income: $1872

Airbnb ROI: N/A

Traditional ROI: 4.97%

108 Rau Street Street

Waterloo, IL

3 beds | 2 baths | 1,596 sq.ft.

$179,900

Airbnb cash on cash: 2.13%

Traditional cash on cash: 8.41%

Airbnb Rental Income: $1345

Traditional Rental Income: $2006

Airbnb ROI: 2.13%

Traditional ROI: 8.41%

403 S Market Street

Waterloo, IL

2 beds | 2 baths | 1,400 sq.ft.

$249,000

Airbnb cash on cash: 1.47%

Traditional cash on cash: 3.92%

Airbnb Rental Income: $1412

Traditional Rental Income: $1564

Airbnb ROI: 1.47%

Traditional ROI: 3.92%

910 Seneca Drive

Waterloo, IL

4 beds | 3 baths | 1,872 sq.ft.

$489,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.22%

Airbnb Rental Income: $null

Traditional Rental Income: $2190

Airbnb ROI: N/A