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
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.	$524,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.34% Airbnb Rental Income: $null Traditional Rental Income: $2707 Airbnb ROI: N/A Traditional ROI: 3.34%
425 Mockingbird Lane Waterloo, IL Welcome home! Located in a highly desirable Waterloo neighborhood, this well appointed ran...	4 beds \| 3 baths \| 2,536 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.7% Airbnb Rental Income: $null Traditional Rental Income: $2432 Airbnb ROI: N/A Traditional ROI: 3.7%
222 Buchanan St Waterloo, IL Looking for a slice of Heaven to call your own? Modern, quality updates, peace and quiet i...	3 beds \| 1 baths \| 1,240 sq.ft.	$116,900	Airbnb cash on cash: 6.61% Traditional cash on cash: 9.05% Airbnb Rental Income: $1620 Traditional Rental Income: $1437 Airbnb ROI: 6.61% Traditional ROI: 9.05%
7057 State Route 156 Waterloo, IL Come enjoy your own little farmette! Bring the critters! Home was remodeled a few years ag...	3 beds \| 2 baths \| 2,240 sq.ft.	$250,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 8.12% Airbnb Rental Income: $1620 Traditional Rental Income: $2550 Airbnb ROI: 2.24% Traditional ROI: 8.12%
512 Hayden Drive Waterloo, IL The Dakota floor plan is one of Quantum Homes Inc. Newest Floor Plans. This contemporary r...	3 beds \| 2 baths \| 2,041 sq.ft.	$428,060	Airbnb cash on cash: -0.62% Traditional cash on cash: 1.94% Airbnb Rental Income: $1620 Traditional Rental Income: $2189 Airbnb ROI: -0.62% Traditional ROI: 1.94%
826 Glenbriar Waterloo, IL New Construction Under $350K in Monroe County! Yes, they still exist â and this one is ...	3 beds \| 2 baths \| 1,200 sq.ft.	$339,900	Airbnb cash on cash: 0.1% Traditional cash on cash: 2.06% Airbnb Rental Income: $1620 Traditional Rental Income: $1788 Airbnb ROI: 0.1% Traditional ROI: 2.06%
6566 Old State Route 3 Waterloo, IL Welcome home to this fully renovated 3-bedroom home with a bonus room, sitting on a beauti...	3 beds \| 1 baths \| 1,146 sq.ft.	$269,000	Airbnb cash on cash: 2.73% Traditional cash on cash: 5.39% Airbnb Rental Income: $1620 Traditional Rental Income: $1836 Airbnb ROI: 2.73% Traditional ROI: 5.39%
517 S Church Street Waterloo, IL Charming 1-bedroom, 1-bathroom home located in the heart of Waterloo! This move-in ready p...	1 beds \| 1 baths \| 775 sq.ft.	$149,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.76% Airbnb Rental Income: $null Traditional Rental Income: $1234 Airbnb ROI: N/A Traditional ROI: 5.76%
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.	$475,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.34% Airbnb Rental Income: $null Traditional Rental Income: $2190 Airbnb ROI: N/A Traditional ROI: 3.34%
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.	$440,100	Airbnb cash on cash: 1.19% Traditional cash on cash: 2.99% Airbnb Rental Income: $1620 Traditional Rental Income: $1906 Airbnb ROI: 1.19% Traditional ROI: 2.99%
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.	$428,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 3.08% Airbnb Rental Income: $1620 Traditional Rental Income: $1897 Airbnb ROI: 1.25% Traditional ROI: 3.08%
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.	$426,700	Airbnb cash on cash: 1.25% Traditional cash on cash: 2.99% Airbnb Rental Income: $1620 Traditional Rental Income: $1856 Airbnb ROI: 1.25% 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.	$430,700	Airbnb cash on cash: 1.23% Traditional cash on cash: 3.08% Airbnb Rental Income: $1620 Traditional Rental Income: $1905 Airbnb ROI: 1.23% Traditional ROI: 3.08%
7731 Briar Creek Lane Waterloo, IL Welcome to 7731 Briarcreek Lnâa stunning full-brick home set on a picturesque 1.13-acre ...	5 beds \| 4 baths \| 3,295 sq.ft.	$589,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.08% Airbnb Rental Income: $null Traditional Rental Income: $3736 Airbnb ROI: N/A Traditional ROI: 4.08%
201 Koenigsmark Avenue Waterloo, IL Great Investment Opportunity in Downtown Waterloo! Donât miss your chance to own this we...	N/A beds \| N/A baths \| 1,532 sq.ft.	$239,000	Airbnb cash on cash: 3.93% Traditional cash on cash: 4.72% Airbnb Rental Income: $2036 Traditional Rental Income: $1685 Airbnb ROI: 3.93% Traditional ROI: 4.72%
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: -0.65% Traditional cash on cash: 1.26% Airbnb Rental Income: $1620 Traditional Rental Income: $1929 Airbnb ROI: -0.65% 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: -0.72% Traditional cash on cash: 1.71% Airbnb Rental Income: $1620 Traditional Rental Income: $2164 Airbnb ROI: -0.72% Traditional ROI: 1.71%
1515 New Brunswick Drive Waterloo, IL Welcome to this stunning villa located on the north end of Waterloo, offering impressive a...	3 beds \| 3 baths \| 2,571 sq.ft.	$394,900	Airbnb cash on cash: -0.72% Traditional cash on cash: 2.89% Airbnb Rental Income: $1620 Traditional Rental Income: $2498 Airbnb ROI: -0.72% Traditional ROI: 2.89%
6609 Gladel Drive Waterloo, IL Welcome to where comfort and charm meet functionality on just over three acres at the end ...	3 beds \| 3 baths \| 2,756 sq.ft.	$385,000	Airbnb cash on cash: 0.7% Traditional cash on cash: 4.82% Airbnb Rental Income: $1620 Traditional Rental Income: $2647 Airbnb ROI: 0.7% Traditional ROI: 4.82%
4 Shady Oak Lane Waterloo, IL Car enthusiasts, hobbyists, or anyone needing serious storage and workspace THIS IS THE HO...	3 beds \| 3 baths \| 2,190 sq.ft.	$520,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 2.48% Airbnb Rental Income: $1620 Traditional Rental Income: $2488 Airbnb ROI: -0.25% Traditional ROI: 2.48%
1017 Waymaker Lane Waterloo, IL New Construction: Customizable "The Heritage" Plan at Silvercreek Crossing by Quantum Home...	3 beds \| 2 baths \| 1,878 sq.ft.	$436,550	Airbnb cash on cash: -0.64% Traditional cash on cash: 1.54% Airbnb Rental Income: $1620 Traditional Rental Income: $2049 Airbnb ROI: -0.64% Traditional ROI: 1.54%
630 Hamacher Street Waterloo, IL Enjoy easy, one-level living on the Mystic Oak Golf Course! This ranch-style villa/condo i...	3 beds \| 3 baths \| 2,454 sq.ft.	$325,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 5.44% Airbnb Rental Income: $1620 Traditional Rental Income: $2319 Airbnb ROI: 1.65% Traditional ROI: 5.44%
203 E Mill Street E Waterloo, IL Historic 3-Bedroom Home - One Block from Waterloo City Square. Location matters, and this ...	3 beds \| 2 baths \| 1,470 sq.ft.	$271,000	Airbnb cash on cash: 1.92% Traditional cash on cash: 5.51% Airbnb Rental Income: $1620 Traditional Rental Income: $2079 Airbnb ROI: 1.92% Traditional ROI: 5.51%
707 S Library St Waterloo, IL 707 S Library St, Waterloo, IL 62298 \| Single Family Residential	3 beds \| 2 baths \| 1,332 sq.ft.	$285,000	Airbnb cash on cash: 0.74% Traditional cash on cash: 1.47% Airbnb Rental Income: $1620 Traditional Rental Income: $1357 Airbnb ROI: 0.74% Traditional ROI: 1.47%
235 N Moore St Waterloo, IL 235 N Moore St, Waterloo, IL 62298 \| Single Family Residential	3 beds \| 1 baths \| 2,145 sq.ft.	$219,900	Airbnb cash on cash: 1.9% Traditional cash on cash: 1.95% Airbnb Rental Income: $1620 Traditional Rental Income: $1172 Airbnb ROI: 1.9% Traditional ROI: 1.95%
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: -0.97% Traditional cash on cash: 0.35% Airbnb Rental Income: $1620 Traditional Rental Income: $1776 Airbnb ROI: -0.97% Traditional ROI: 0.35%
335 W 4th St Waterloo, IL 335 W 4th St, Waterloo, IL 62298 \| Single Family Residential	2 beds \| 1 baths \| 1,062 sq.ft.	$150,000	Airbnb cash on cash: 4.87% Traditional cash on cash: 4.06% Airbnb Rental Income: $1731 Traditional Rental Income: $1138 Airbnb ROI: 4.87% Traditional ROI: 4.06%
5728 Brand Woods Dr Waterloo, IL 5728 Brand Woods Dr, Waterloo, IL 62298 \| Other	N/A beds \| N/A baths \| N/A	$120,000	Airbnb cash on cash: 8.94% Traditional cash on cash: 2.76% Airbnb Rental Income: $2036 Traditional Rental Income: $792 Airbnb ROI: 8.94% Traditional ROI: 2.76%
000 Crook Waterloo, IL 000 Crook, Waterloo, IL 62298 \| Other	N/A beds \| N/A baths \| N/A	$1,620,000	Airbnb cash on cash: -2.32% Traditional cash on cash: -2.8% Airbnb Rental Income: $2036 Traditional Rental Income: $792 Airbnb ROI: -2.32% Traditional ROI: -2.8%
0 7.14 ac Kaskaskia Rd Waterloo, IL 0 7.14 ac Kaskaskia Rd, Waterloo, IL 62298 \| Other	N/A beds \| N/A baths \| N/A	$165,000	Airbnb cash on cash: 5.77% Traditional cash on cash: 1.22% Airbnb Rental Income: $2036 Traditional Rental Income: $792 Airbnb ROI: 5.77% Traditional ROI: 1.22%
XXX KK Rd Waterloo, IL XXX KK Rd, Waterloo, IL 62298 \| Other	N/A beds \| N/A baths \| N/A	$225,000	Airbnb cash on cash: 3.41% Traditional cash on cash: 0.05% Airbnb Rental Income: $2036 Traditional Rental Income: $792 Airbnb ROI: 3.41% Traditional ROI: 0.05%
7468 Covered Bridge Dr Waterloo, IL 7468 Covered Bridge Dr, Waterloo, IL 62298 \| Other	N/A beds \| N/A baths \| N/A	$215,000	Airbnb cash on cash: 3.71% Traditional cash on cash: 0.2% Airbnb Rental Income: $2036 Traditional Rental Income: $792 Airbnb ROI: 3.71% Traditional ROI: 0.2%
101 Adams Drive Waterloo, IL This spacious and versatile home offers 3 bedrooms and 3 full bathrooms, with thoughtful f...	3 beds \| 3 baths \| 3,281 sq.ft.	$349,900	Airbnb cash on cash: 1.25% Traditional cash on cash: 4.37% Airbnb Rental Income: $1620 Traditional Rental Income: $2187 Airbnb ROI: 1.25% Traditional ROI: 4.37%

Real Estate investment in Waterloo, IL

There are 52 properties for sale in the city of Waterloo . The median list price in Waterloo is $189,900 and the average price per square foot is $114. In January 2026, the average monthly cash on cash return in Waterloo is 3.00%. The average monthly rental income in Waterloo is $1,905.

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

There are 52 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 $1,905.

Your search for investment property begins and ends here

Investment Property for Sale in Waterloo, IL

5063 Rock Road

Waterloo, IL

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

$524,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.34%

Airbnb Rental Income: $null

Traditional Rental Income: $2707

Airbnb ROI: N/A

Traditional ROI: 3.34%

425 Mockingbird Lane

Waterloo, IL

4 beds | 3 baths | 2,536 sq.ft.

$399,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.7%

Airbnb Rental Income: $null

Traditional Rental Income: $2432

Airbnb ROI: N/A

Traditional ROI: 3.7%

222 Buchanan St

Waterloo, IL

3 beds | 1 baths | 1,240 sq.ft.

$116,900

Airbnb cash on cash: 6.61%

Traditional cash on cash: 9.05%

Airbnb Rental Income: $1620

Traditional Rental Income: $1437

Airbnb ROI: 6.61%

Traditional ROI: 9.05%

7057 State Route 156

Waterloo, IL

3 beds | 2 baths | 2,240 sq.ft.

$250,000

Airbnb cash on cash: 2.24%

Traditional cash on cash: 8.12%

Airbnb Rental Income: $1620

Traditional Rental Income: $2550

Airbnb ROI: 2.24%

Traditional ROI: 8.12%

512 Hayden Drive

Waterloo, IL

3 beds | 2 baths | 2,041 sq.ft.

$428,060

Airbnb cash on cash: -0.62%

Traditional cash on cash: 1.94%

Airbnb Rental Income: $1620

Traditional Rental Income: $2189

Airbnb ROI: -0.62%

Traditional ROI: 1.94%

826 Glenbriar

Waterloo, IL

3 beds | 2 baths | 1,200 sq.ft.

$339,900

Airbnb cash on cash: 0.1%

Traditional cash on cash: 2.06%

Airbnb Rental Income: $1620

Traditional Rental Income: $1788

Airbnb ROI: 0.1%

Traditional ROI: 2.06%

6566 Old State Route 3

Waterloo, IL

3 beds | 1 baths | 1,146 sq.ft.

$269,000

Airbnb cash on cash: 2.73%

Traditional cash on cash: 5.39%

Airbnb Rental Income: $1620

Traditional Rental Income: $1836

Airbnb ROI: 2.73%

Traditional ROI: 5.39%

517 S Church Street

Waterloo, IL

1 beds | 1 baths | 775 sq.ft.

$149,500

Airbnb cash on cash: N/A

Traditional cash on cash: 5.76%

Airbnb Rental Income: $null

Traditional Rental Income: $1234

Airbnb ROI: N/A