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Jess & Co. Real Estate logo

127 S Main Street

Waterloo, IL 62298

Active

$699,000

Contact
Narrative Real Estate314-480-5353jess@jessicaberchtold.com

About this home

**RARE DOWNTOWN WATERLOO MIXED-USE INVESTMENT OPPORTUNITY!** Discover the possibilities at 127 S. Main Street, offering approximately 10,194 square feet across three levels in the heart of historic downtown Waterloo, Illinois. This substantial commercial property features approximately 3,814 square feet of main-level retail space, providing flexibility for retail, professional offices, salon, boutique, or other business ventures. The second floor encompasses approximately 3,190 square feet with three existing apartments offering renovation and future rental income potential. An additional 3,190-square-foot unfinished third floor features four spacious rooms, presenting possibilities for future expansion, conversion, or creative redevelopment. Rich in historic character and prominently situated along Main Street, this property offers excellent visibility and proximity to downtown shopping, dining, and local businesses. Whether you're an investor seeking a value-add opportunity, an entrepreneur looking to establish a downtown presence, or a developer envisioning the next chapter for this distinctive property, the possibilities are worth exploring. Property is being offered in its current condition. Potential uses, renovations, and occupancy are subject to applicable zoning, permitting, and municipal approvals.

Property facts

Bedrooms
0
Bathrooms
0
Lot size
0.196 acres
Property type
Commercial Sale
Subdivision
Waterloo
Days on market
0
Listed on
Oct 26, 2026

Listing information

Listing brokerage
RE/MAX Results Realty618-216-4400
Listing agent
Judy Fruth-Long
Listing number
26068062
Status
Active

Mortgage calculator

Taxes, insurance and HOA dues

Estimated monthly payment

$3,535

Principal and interest
$3,535
Loan amount
$559,200

This is an estimate, not a loan offer. Your lender gives the actual figures.

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Information from third parties, deemed reliable but not verified. All data is obtained from various sources and may not have been verified by the broker or the MLS. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting the information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

MARIS data last updated at October 26, 2026 at 5:45 PM CDT.