1504 Rachael Ln, Waterloo, IL, 62298
About This Home
Welcome to 1504 Rachael Lane in Waterloo—a beautifully maintained 4-bedroom, 3-bathroom home offering the space, updates, and flexibility you’ve been searching for! New luxury vinyl plank flooring flows throughout the main level, creating a fresh, stylish look that is both attractive and easy to maintain. The finished basement takes this home to the next level, featuring an additional bedroom, a separate bonus room perfect for a home office, gym, playroom, or hobby space, and a bar area ready for entertaining. Generous storage space provides plenty of room for seasonal decor, tools, and everything in between. Step outside and discover a spacious fenced backyard designed for relaxation and enjoyment. Gather with friends around the fire pit, enjoy the open lawn, or put your green thumb to work in the raised garden beds already in place. Attractive landscaping, welcoming curb appeal, a charming front porch, and an attached two-car garage complete the package. With its versatile living spaces, thoughtful updates, and inviting outdoor retreat, 1504 Rachael Lane is ready to welcome you home. Schedule your private showing today!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2014
Materials
- Roof: Architectural Shingle
- Construction materials: Brick Veneer,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Range,Refrigerator
Basement
- Has basement: Yes
- Basement: Partially Finished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 3
Features
- Flooring: Carpet,Luxury Vinyl,Vinyl
- Finished area below ground: 909
- Finished area above ground: 1,600
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 2,509
- Total interior livable area: 2,509 sqft
Property
Details
- Parcel number: 0712334037000
- Special condition: Standard
Features
- Levels: One
- Patio & porch: Front Porch,Patio
Lot
- Lot size: 0.29 Acres
- Features: Some Trees,Subdivided
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Strong Wind
- Tornado
- Cold Wave
- Earthquake
- Hail
- Landslide
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,946 | $23,352 |
| Home Insurance * | $227 | $2,724 |
| Property Taxes | $468 | $5,616 |
| Electricity | $192 | $2,315 |
| Total | $2,833 | $33,996 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-07 | Contingent | $385,000 |
| 2026-07-30 | Listed for sale | $385,000 |
| 2014-12-09 | Sold | $197,000 |
| 2014-08-06 | Listed for sale | $195,000 |
| 2014-01-22 | Sold | $29,000 |
| 2013-06-26 | Listed for sale | $29,000 |
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