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
611 N Market Street Waterloo, IL Updated 4-Bed Craftsman on Spacious Lot with Garage, Finished Basement & Flexible Layout! ...	4 beds \| 3 baths \| 2,378 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.44% Airbnb Rental Income: $null Traditional Rental Income: $2785 Airbnb ROI: N/A Traditional ROI: 5.44%
314 N Church Street 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.	$274,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.22% Airbnb Rental Income: $null Traditional Rental Income: $2261 Airbnb ROI: N/A Traditional ROI: 6.22%
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%
347 Jenny Court Waterloo, IL Customizable New Construction: The Lexington at Natalie Estates This is a To Be Built list...	3 beds \| 2 baths \| 1,848 sq.ft.	$415,950	Airbnb cash on cash: -0.57% Traditional cash on cash: 1.48% Airbnb Rental Income: $1620 Traditional Rental Income: $1960 Airbnb ROI: -0.57% Traditional ROI: 1.48%
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%
207 N Main Street Waterloo, IL Completely remodeled and fully furnished, this charming bungalow is just steps from downto...	3 beds \| 2 baths \| 1,356 sq.ft.	$269,900	Airbnb cash on cash: 2.02% Traditional cash on cash: 5.71% Airbnb Rental Income: $1620 Traditional Rental Income: $2101 Airbnb ROI: 2.02% Traditional ROI: 5.71%
804 Grand Prairie Drive Waterloo, IL Have you been looking for a custom built new construction home that is set apart from the ...	5 beds \| 4 baths \| 3,399 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.57% Airbnb Rental Income: $null Traditional Rental Income: $3483 Airbnb ROI: N/A Traditional ROI: 5.57%
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.	$599,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.99% Airbnb Rental Income: $null Traditional Rental Income: $3736 Airbnb ROI: N/A Traditional ROI: 3.99%
6114 Red Bird Lane Waterloo, IL Immaculate Ranch with full unfinished basement! This home includes 2 suites along with an ...	3 beds \| 3 baths \| 2,278 sq.ft.	$490,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 2.37% Airbnb Rental Income: $1620 Traditional Rental Income: $2331 Airbnb ROI: -0.19% Traditional ROI: 2.37%
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.	$249,000	Airbnb cash on cash: 3.74% Traditional cash on cash: 4.49% Airbnb Rental Income: $2036 Traditional Rental Income: $1685 Airbnb ROI: 3.74% Traditional ROI: 4.49%
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%
1613 Ontario Drive Waterloo, IL Welcome to this beautifully maintained move-in ready residence built in 2016, perfectly si...	4 beds \| 3 baths \| 3,084 sq.ft.	$510,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.21% Airbnb Rental Income: $null Traditional Rental Income: $2722 Airbnb ROI: N/A Traditional ROI: 3.21%
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 on the north end of Waterloo with no monthly association fe...	3 beds \| 3 baths \| 2,571 sq.ft.	$399,900	Airbnb cash on cash: -0.72% Traditional cash on cash: 2.85% Airbnb Rental Income: $1620 Traditional Rental Income: $2498 Airbnb ROI: -0.72% Traditional ROI: 2.85%
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.	$399,900	Airbnb cash on cash: 0.64% Traditional cash on cash: 4.6% Airbnb Rental Income: $1620 Traditional Rental Income: $2647 Airbnb ROI: 0.64% Traditional ROI: 4.6%
4 Shady Oak Lane Waterloo, IL Experience serene living at 4 Shady Oak Lane. Located on a wooded 1.03-acre lot, this 3-be...	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%
417 Mockingbird Lane Waterloo, IL Welcome to Mockingbird â A Home That Feels Like Home! Nestled in one of Waterlooâs mos...	2 beds \| 3 baths \| 2,857 sq.ft.	$347,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 4.97% Airbnb Rental Income: $1731 Traditional Rental Income: $2347 Airbnb ROI: 1.62% Traditional ROI: 4.97%
503 Mary Drive Waterloo, IL Welcome to this beautifully updated 3-bedroom, 2-bathroom home featuring a spacious layout...	3 beds \| 2 baths \| 1,900 sq.ft.	$295,000	Airbnb cash on cash: 1.42% Traditional cash on cash: 4.67% Airbnb Rental Income: $1620 Traditional Rental Income: $2064 Airbnb ROI: 1.42% Traditional ROI: 4.67%
1042 Creekside Drive Waterloo, IL Welcome to this beautiful Craftsman-style ranch in the welcoming Creekside Estates neighbo...	4 beds \| 3 baths \| 2,046 sq.ft.	$402,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.23% Airbnb Rental Income: $null Traditional Rental Income: $2330 Airbnb ROI: N/A Traditional ROI: 3.23%
3931 Lower Saxtown Road Waterloo, IL Acreage opportunity!! 7.73 acres are wooded with a creek that runs through the property wi...	3 beds \| 4 baths \| 1,600 sq.ft.	$419,900	Airbnb cash on cash: 0.05% Traditional cash on cash: 2.16% Airbnb Rental Income: $1620 Traditional Rental Income: $1993 Airbnb ROI: 0.05% Traditional ROI: 2.16%
331 Jenny Court Waterloo, IL Custom build by Quantum Homes, Inc.	3 beds \| 2 baths \| 1,851 sq.ft.	$502,450	Airbnb cash on cash: -1.03% Traditional cash on cash: 0.9% Airbnb Rental Income: $1620 Traditional Rental Income: $2066 Airbnb ROI: -1.03% Traditional ROI: 0.9%
421 S Church Street Waterloo, IL Historic beauty in very desirable downtown Waterloo! Aside from the perfect location this ...	3 beds \| 2 baths \| 1,110 sq.ft.	$245,000	Airbnb cash on cash: 2.35% Traditional cash on cash: 4.56% Airbnb Rental Income: $1620 Traditional Rental Income: $1674 Airbnb ROI: 2.35% Traditional ROI: 4.56%
5410 Lrc Road Waterloo, IL Welcome home to this stunning 4 BR, 4 BA all-brick split ranch perfectly placed on 3 peace...	4 beds \| 4 baths \| 3,512 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.85% Airbnb Rental Income: $null Traditional Rental Income: $3298 Airbnb ROI: N/A Traditional ROI: 4.85%

Real Estate investment in Waterloo, IL

There are 40 properties for sale in the city of Waterloo . The median list price in Waterloo is $426,700 and the average price per square foot is $205. In December 2025, the average monthly cash on cash return in Waterloo is 3.00%. The average monthly rental income in Waterloo is $2,101.

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

There are 40 investment properties available for sale in Waterloo.

In 2025, the best neighborhood to buy investment property is Waterloo.

The ROI for Short-Term is higher than the Long-Term in Waterloo with average rental income of $1,620.

Your search for investment property begins and ends here

Investment Property for Sale in Waterloo, IL

611 N Market Street

Waterloo, IL

4 beds | 3 baths | 2,378 sq.ft.

$375,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.44%

Airbnb Rental Income: $null

Traditional Rental Income: $2785

Airbnb ROI: N/A

Traditional ROI: 5.44%

314 N Church Street

Waterloo, IL

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

$274,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.22%

Airbnb Rental Income: $null

Traditional Rental Income: $2261

Airbnb ROI: N/A

Traditional ROI: 6.22%

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%

347 Jenny Court

Waterloo, IL

3 beds | 2 baths | 1,848 sq.ft.

$415,950

Airbnb cash on cash: -0.57%

Traditional cash on cash: 1.48%

Airbnb Rental Income: $1620

Traditional Rental Income: $1960

Airbnb ROI: -0.57%

Traditional ROI: 1.48%

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%

207 N Main Street

Waterloo, IL

3 beds | 2 baths | 1,356 sq.ft.

$269,900

Airbnb cash on cash: 2.02%

Traditional cash on cash: 5.71%

Airbnb Rental Income: $1620

Traditional Rental Income: $2101

Airbnb ROI: 2.02%

Traditional ROI: 5.71%

804 Grand Prairie Drive

Waterloo, IL

5 beds | 4 baths | 3,399 sq.ft.

$525,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.57%

Airbnb Rental Income: $null

Traditional Rental Income: $3483

Airbnb ROI: N/A

Traditional ROI: 5.57%

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