1008 W Fallen Lake Dr

Waterloo, IL 62298

$550,000
Price
5
Beds
4,003 Sq. Ft.
$137 / Sq. Ft.
4,003
Sq. Ft.
$137
per Sq. Ft.
Get preapproved with Rocket Mortgage1
New
New

Description

Peaceful views and a beautifully designed home come together in this stunning 5 bedroom property, perfectly positioned along a quiet lake where you can enjoy fishing and the scenery right in your backyard. From the moment you step into the foyer, you’re welcomed by a warm and inviting layout with a formal dining room that flows into the spacious living room, complete with built-ins and a cozy fireplace. The living area opens seamlessly into the kitchen, featuring a breakfast bar, breakfast nook,...Peaceful views and a beautifully designed home come together in this stunning 5 bedroom property, perfectly positioned along a quiet lake where you can enjoy fishing and the scenery right in your backyard. From the moment you step into the foyer, you’re welcomed by a warm and inviting layout with a formal dining room that flows into the spacious living room, complete with built-ins and a cozy fireplace. The living area opens seamlessly into the kitchen, featuring a breakfast bar, breakfast nook, and access to the deck overlooking the water, the perfect spot to unwind. The main level offers three bedrooms, including a spacious primary suite with a large walk-in closet and a well-appointed bathroom featuring a double vanity, soaking tub, and walk-in shower. You’ll also find a full bath, half bath, and convenient main floor laundry. The walkout lower level is ideal for entertaining, featuring a large family room with a second fireplace, wet bar, theater room, two additional bedrooms, both with walk-in closets, two full bathrooms, and unfinished space for storage. Step outside to enjoy both covered and uncovered patio areas, then walk down to your private dock and take in the peaceful setting. The lake is perfect for fishing and relaxing, adding to the home’s quiet, retreat-like feel. Residents also enjoy access to the neighborhood clubhouse. Recent updates include deck and siding (2024), roof and HVAC (2022) and water heater (2021), Bosch Refrigerator (2023), Samsung Range / Dishwasher / Microwave (2018). This home offers the space, layout, and setting to truly enjoy where you live. Open House: Saturday, April 25th from 11 am - 1 pm
  1. Listed by Monica Schmidt • eXp Realty
    P: (618)-567-9203 makemoveswithmonica@gmail.com

Property Details for 1008 West Fallen Lake Drive

Architectural Style
Ranch
Waterfront
Yes
LISTING UPDATED: 04/26/2026 12:31 AM

Property Details for 1008 West Fallen Lake Drive

StatusActive
MLS #26017065
Days on Market1
Taxes$8,479 / year
HOA Fees$200 / year
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2004
Lot Size0.45 AC / 19,602 SF
CountyMonroe County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of eXp Realty
Add your commute

Building Information for 1008 West Fallen Lake Drive

Stories-Year Built2004Building Size-Lot Size0.45 AC / 19,602 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$3,493 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,770

Property Taxes

$707

HOA Dues

$17

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 1008 West Fallen Lake Drive

Summary
Location and General Information
  • City: Waterloo
  • County Or Parish: Monroe
  • Latitude: 38.338578
  • Longitude: -90.168222
  • Postal Code: 62298
  • State Or Province: IL
  • Sub division Name: Westview Acres
Taxes and HOA Information
  • List AOR: Southwestern Illinois Board of REALTORS
  • Association Fee: $200.00
  • Association Fee Frequency: Annually
  • Association Fee Includes: Clubhouse, Common Area Maintenance
  • Parcel Number: 07-26-217-073-000
  • Tax Annual Amount: $8,479.00
  • Tax Year: 2024
  • AssociationName: Westview Acres
  • AssociationYN: Yes
Owner
  • Township: Waterloo
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage Spaces: 3.0
  • Garage: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Faces Front
School Information
  • Elementary School: WATERLOO DIST 5
  • High School: Waterloo
  • High School District: Waterloo DIST 5
  • Middle Or Junior School: WATERLOO DIST 5
Property
Lot Information
  • Living Area: 4003.0
  • Lot Features: Back Yard, Landscaped
  • Lot Size Acres: 0.45
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 19602.0
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
Property and Assessments
  • Above Grade Finished Area: 2203.0
  • Above Grade Finished Area Source: Other
  • Below Grade Finished Area: 1800.0
  • Below Grade Finished Area Source: Other
  • Documents Available: Other
  • Documents Count: 2
  • Photos Count: 56
  • Year Built: 2004
  • Disclosures: Seller Property Disclosure
  • Construction Materials: Brick, Stone Veneer, Vinyl Siding
  • NewConstructionYN: No
  • StructureType: House
  • HomeWarrantyYN: No
Utilities
  • Electric: Other
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Association Amenities: Clubhouse, Common Ground, Lake
  • View: Lake
  • WaterfrontFeatures: Lake
  • ExteriorFeatures: Dock
  • PatioAndPorchFeatures: Covered, Deck, Front Porch, Patio
Interior Features
  • Appliances: Dishwasher, Disposal, Microwave, Gas Oven, Gas Range, Refrigerator, Gas Water Heater
  • Basement: Bathroom, Egress Window, Partially Finished, Full, Sleeping Area, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Levels: One
  • Main Level Bedrooms: 3.0
  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 5
  • Cooling: Central Air, Electric
  • Fireplace Features: Basement, Family Room, Living Room, Stone, Wood Burning
  • Fireplaces Total: 2
  • Fireplace: Yes
  • Heating: Forced Air, Natural Gas
  • Interior Features: Bookcases, Breakfast Bar, Double Vanity, Eat-in Kitchen, Entrance Foyer, Open Floorplan, Pantry, Separate Dining, Separate Shower, Tub, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Laundry Features: Main Level
  • Window Features: Bay Window(s)
  • Rooms Total: 14
  • LivingAreaSource: Other
  • MIS_LowerLevelBathroomsFull: 2
  • MIS_LowerLevelBathroomsHalf: 0
  • MIS_LowerLevelBedrooms: 2
  • MIS_MainLevelBathroomsFull: 2
  • MIS_MainLevelBathroomsHalf: 1
  • MIS_MainAndUpperLevelBedrooms: 3
  • MIS_MainAndUpperLevelBathrooms: 3
  • MIS_UpperLevelBedrooms: 0
Room Information
Room 1
  • Room Dimensions: 12x11
  • Room Length: 12.0
  • Room Level: Main
  • Room Type: Dining Room
  • Room Width: 11.0
Room 2
  • Room Dimensions: 21x20
  • Room Length: 21.0
  • Room Level: Main
  • Room Type: Living Room
  • Room Width: 20.0
Room 3
  • Room Dimensions: 13x12
  • Room Length: 13.0
  • Room Level: Main
  • Room Type: Breakfast Room
  • Room Width: 12.0
Room 4
  • Room Dimensions: 13x12
  • Room Length: 13.0
  • Room Level: Main
  • Room Type: Kitchen
  • Room Width: 12.0
Room 5
  • Room Dimensions: 5x7
  • Room Length: 5.0
  • Room Level: Main
  • Room Type: Laundry
  • Room Width: 7.0
Room 6
  • Room Description: Half Bathroom
  • Room Dimensions: 7x4
  • Room Length: 7.0
  • Room Level: Main
  • Room Type: Bathroom
  • Room Width: 4.0
Room 7
  • Room Dimensions: 10x12
  • Room Length: 10.0
  • Room Level: Main
  • Room Type: Bedroom
  • Room Width: 12.0
Room 8
  • Room Dimensions: 13x12
  • Room Length: 13.0
  • Room Level: Main
  • Room Type: Bedroom
  • Room Width: 12.0
Room 9
  • Room Dimensions: 10x5
  • Room Length: 10.0
  • Room Level: Main
  • Room Type: Bathroom
  • Room Width: 5.0
Room 10
  • Room Dimensions: 15x15
  • Room Length: 15.0
  • Room Level: Main
  • Room Type: Primary Bedroom
  • Room Width: 15.0
Room 11
  • Room Dimensions: 11x12
  • Room Length: 11.0
  • Room Level: Main
  • Room Type: Primary Bathroom
  • Room Width: 12.0
Room 12
  • Room Dimensions: 37x19
  • Room Length: 37.0
  • Room Level: Lower
  • Room Type: Family Room
  • Room Width: 19.0
Room 13
  • Room Dimensions: 22x14
  • Room Length: 22.0
  • Room Level: Lower
  • Room Type: Media Room
  • Room Width: 14.0
Room 14
  • Room Dimensions: 11x5
  • Room Length: 11.0
  • Room Level: Lower
  • Room Type: Bathroom
  • Room Width: 5.0
Room 15
  • Room Dimensions: 11x13
  • Room Length: 11.0
  • Room Level: Lower
  • Room Type: Bedroom
  • Room Width: 13.0
Room 16
  • Room Dimensions: 22x11
  • Room Length: 22.0
  • Room Level: Lower
  • Room Type: Bedroom
  • Room Width: 11.0

Property History for 1008 West Fallen Lake Drive

DateEvent & SourcePriceAppreciation
Apr 25, 2026

Listed (Active)

MARIS #26017065

$550,000—
Nov 16, 2020

Closed (Public Record)

Public Record #683995172

$385,000

+1.8% / yr

Nov 16, 2020

Closed

MARIS #20073451

$385,000—
DateEvent & SourcePrice
04/25/2026

Listed (Active)

MARIS #26017065

$550,000
11/16/2020

Closed (Public Record)

Public Record #683995172

$385,000

+1.8% / yr

11/16/2020

Closed

MARIS #20073451

$385,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1008 West Fallen Lake Drive

Taxable ValueLand$17,394Additions$131,854Total$149,248
Tax Record2024$8,479 ($707 / month)
Home Facts
Beds3Total Finished SqFt2,306 SqFtAbove Grade Finished SqFt2,306 SqFtStories1Lot Size19,602 SqFtStyleSingle Family ResidenceYear Built2004ZoningWR3CountyMONROEAPN07-26-217-073-000Fireplace TypeHas Fireplace

Schools near 1008 West Fallen Lake Drive

This home is within Waterloo Community Unit School District 5.
Rating
School
Type
Grades
Distance
W J Zahnow Elementary School
Public - PK to 1
Rogers Elementary School
Public - 2 to 3
Gardner Elementary School
Public - 4 to 5
Waterloo Junior High School
Public - 6 to 8
Rating
School
Distance
W J Zahnow Elementary School
PublicPK to 1

Rogers Elementary School
Public2 to 3

Gardner Elementary School
Public4 to 5

Waterloo Junior High School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 1008 West Fallen Lake Drive, Waterloo, IL 62298

1008 West Fallen Lake Drive is a single family home for sale in Waterloo, IL 62298. This property was listed for sale on April 25, 2026 by eXp Realty, it's currently listed at $550,000. It has been on the market for a total of 1 days and was last sold on November 16, 2020. This listing's school district is Waterloo Community Unit School District 5. Nearby schools include W J Zahnow Elementary School, Rogers Elementary School and Gardner Elementary School. 1008 West Fallen Lake Drive is a 5-bed, 5-bath, 4,003 sqft single family home built in 2004.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of eXp Realty

Based on information submitted to the MLS GRID as of 04/26/2026 12:31 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.