This new subdivision in Waterloo, Illinois is a perfect place for your new custom-built home on half-acre lots. Close to the center of town, but tucked away from crowds and busy streets, located on Legacy Drive just off Hamacher Street. This new subdivision is a short 5-minute drive from the Waterloo square and 7 minutes from the local High School. If you’re a golfer, it is located right next to the Mystic Golf Course. Fruth Construction will build to suit.
Property Details
Property Features
Listing Office:
Office Name: RE/MAX Results Realty
Lot Features
Lot Information:
Lot: Wooded Back, Level
Lot Size: 0.51 Acres
School Info
Assigned Schools Information:
Waterloo High School, Public District Grades 9-12
Waterloo Junior High School, Public District Grades 6-8
Gardner Elementary School, Public District Grades 4-5
Other
Directions Information:
Directions: Market Street to Hamacher Street, left onto Legacy Drive.
Price Information
Listing Price Info
Price Summary:
List Price: $78,000
HOA Fees:
Amount: $360
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Waterloo, IL.
This property is $227K less than the Median Sold Price in Waterloo, IL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MARIS
MLS Number: #23033488
Listing Office:
Office Name: RE/MAX Results Realty
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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/agent presenting the information.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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/agent presenting the information.
IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$487
Per Month
Principal & Interest
$390
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$30
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$300
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Gardner Elementary School
1 Ed Gardner Pl
Distance between this listing and this school1.97 miles
Public District Grades 4-5
Middle School
7
/10
Waterloo Junior High School
200 Bellefontaine Dr
Distance between this listing and this school2.24 miles
Public District Grades 6-8
High School
5
/10
Waterloo High School
505 E Bulldog
Distance between this listing and this school0.78 miles
Public District Grades 9-12
Assigned Schools
5
/10
Gardner Elementary School
1 Ed Gardner Pl
Distance between this listing and this school1.97 miles
Public District Grades 4-5
Nearby Schools
10
/10
Rogers Elementary School
200 Rogers St
Distance between this listing and this school2.15 miles
Public District Grades 2-3
3
/10
Valmeyer Elementary School
300 S Cedar Bluff Dr
Distance between this listing and this school7.62 miles
Public District Grades PK-5
Assigned Schools
7
/10
Waterloo Junior High School
200 Bellefontaine Dr
Distance between this listing and this school2.24 miles
Public District Grades 6-8
Nearby Schools
6
/10
Valmeyer Jr High School
300 S Cedar Bluff Dr
Distance between this listing and this school7.62 miles
Public District Grades 6-8
4
/10
Columbia Middle School
100 Eagle Dr
Distance between this listing and this school10.25 miles
Public District Grades 5-8
Assigned Schools
5
/10
Waterloo High School
505 E Bulldog
Distance between this listing and this school0.78 miles
Public District Grades 9-12
Nearby Schools
7
/10
Valmeyer High School
300 S Cedar Bluff Dr
Distance between this listing and this school7.63 miles
Public District Grades 9-12
6
/10
Columbia High School
77 Veterans Pkwy
Distance between this listing and this school10.36 miles
The neighbors living near this home have an average income of $85,000. The majority of Waterloo, IL residents have income between $35k-100k annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 588 Legacy Dr
What is the listing price of this property?
The listing price of 588 Legacy Dr property is $78,000.
What type of property is this?
The property 588 Legacy Dr is land located in Waterloo, Illinois, 62298.
Is this property for sale now?
Active Listing: 588 Legacy Dr is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 588 Legacy Dr are: Gardner Elementary School: GreatSchools Rating 5/10Waterloo Junior High School: GreatSchools Rating 7/10Waterloo High School: GreatSchools Rating 5/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 588 Legacy Dr in Waterloo, IL and zip code 62298. This home sits on a 0.51 acre lot. It has been listed on Rocket Homes since June 13, 2023 and is currently priced at $78,000.
In April 2024, from all listings sold in Waterloo, IL there were more than 6 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price. Between March 2024 and April 2024, Waterloo, IL real estate market has seen increase in the number of listings by 5.8%. The median list price of listings available in April 2024 was $305,000, while the average time on the real estate market was 54 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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/agent presenting the information. 
Hunting
Hunting
NASCAR
Figure Skating
Dick's Sporting Goods
Dillards
Wal-Mart
Texas Roadhouse
Cracker Barrel
Hardee's
Subaru
Cadillac
Ram
New Country
News/Talk/Information
Classic Country