4 beds2,509 sqft$153/sqft
1504 Rachael Ln, Waterloo, IL 62298
Est: $2,469/moGet pre-approved

Description

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...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!
LISTING UPDATED: 08/11/2026 02:32 PM

  1. Listed by Brooke Mitchell • Keller Williams Pinnacle
    P: (618) 977-9873 brookemitchell@kw.com

Property Details for 1504 Rachael Lane

MLS #
26047675
Days on Market
12
Taxes
$6,140 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
2014
Lot Size
0.29 AC / 12,632 SF
Architectural Style
Ranch

Location

Listing Courtesy of Keller Williams Pinnacle
Add your commute

Building Information for 1504 Rachael Lane

Stories-Year Built2014Building Size-Lot Size0.29 AC / 12,632 SF

Payment Calculator

$2,469 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,957

Property Taxes

$512

HOA Dues

$0

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 1504 Rachael Lane

Summary
Location and General Information
  • City: Waterloo
  • County Or Parish: Monroe
  • Latitude: 38.371237
  • Longitude: -90.160685
  • Postal Code: 62298
  • State Or Province: IL
  • Sub division Name: Rose Meadows
Taxes and HOA Information
  • List AOR: Southwestern Illinois Board of REALTORS
  • Parcel Number: 07-12-334-037-000
  • Tax Annual Amount: $6,140.00
  • Tax Legal Description: LOT 37 ROSE MEADOWS PHASE 2
  • Tax Year: 2025
  • AssociationYN: No
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
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: 2509.0
  • Lot Features: Some Trees, Subdivided
  • Lot Size Acres: 0.29
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 12632.4
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
Property and Assessments
  • Above Grade Finished Area: 1600.0
  • Above Grade Finished Area Source: Public Records
  • Below Grade Finished Area: 909.0
  • Below Grade Finished Area Source: Estimated
  • Documents Available: Other
  • Documents Count: 0
  • Photos Count: 36
  • Year Built: 2014
  • Disclosures: Other
  • Construction Materials: Brick Veneer, Vinyl Siding
  • NewConstructionYN: No
  • HomeWarrantyYN: No
  • LeaseConsideredYN: No
  • PropertyAttachedYN: No
Utilities
  • Electric: Other
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Roof: Architectural Shingle
  • Pool Private: No
  • PatioAndPorchFeatures: Front Porch, Patio
  • MIS_PoolYN: No
Interior Features
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: Partially Finished
  • Basement YN: Yes
  • Levels: One
  • Main Level Bedrooms: 3.0
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Forced Air
  • Rooms Total: 9
  • LivingAreaSource: Estimated
  • MIS_LowerLevelBathroomsFull: 1
  • MIS_LowerLevelBathroomsHalf: 0
  • MIS_LowerLevelBedrooms: 1
  • MIS_MainLevelBathroomsFull: 2
  • MIS_MainLevelBathroomsHalf: 0
  • MIS_MainAndUpperLevelBedrooms: 3
  • MIS_MainAndUpperLevelBathrooms: 2
  • MIS_UpperLevelBedrooms: 0

Property History for 1504 Rachael Lane

DateEvent & SourcePriceAppreciation
Aug 7, 2026

Active Under Contract

MARIS #26047675

Jul 30, 2026

Listed (Active)

MARIS #26047675

$385,000
Dec 9, 2014

Closed

MARIS #4311097

$197,000
DateEvent & SourcePrice
08/07/2026

Active Under Contract

MARIS #26047675

07/30/2026

Listed (Active)

MARIS #26047675

$385,000
12/09/2014

Closed

MARIS #4311097

$197,000

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

Public Records for 1504 Rachael Lane

Taxable ValueLand$16,840Additions$89,540Total$106,380
Tax Record2024$5,620 ($468 / month)
Home Facts
Beds3Baths3Total Finished SqFt1,594 SqFtAbove Grade Finished SqFt1,594 SqFtUnfinished Basement SqFt1,594 SqFtStories1Lot Size12,632 SqFtStyleSingle Family ResidenceYear Built2014Year Renovated2014ZoningWR2CountyMONROEAPN07-12-334-037-000

Schools near 1504 Rachael Lane

This home is within Waterloo Community Unit School District 5.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 3
Public - 4 to 5
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

New listings in 62298

$467,000 | 1552 New Brunswick Drive, Waterloo, IL 62298
1/47

$467,000

2
Bedrooms
1,911
Square Feet
Unavailable
Acres
$290,000 | 118 Jefferson Drive, Waterloo, IL 62298
1/57

$290,000

3
Bedrooms
2,296
Square Feet
0.25
Acres
$475,000 | 983 White Oak Drive, Waterloo, IL 62298
1/55
Active Under Contract

$475,000

3
Bedrooms
2,740
Square Feet
2.51
Acres
$549,900 | 8718 D Road, Waterloo, IL 62298
1/52

$549,900

3
Bedrooms
2,048
Square Feet
1.16
Acres
$465,000 | 6760 Woodhill Run, Waterloo, IL 62298
1/37
Open: 8/15 12:00PM - 02:00PM

$465,000

3
Bedrooms
2,820
Square Feet
2.74
Acres
$469,900 | 1110 Waymaker Lane, Waterloo, IL 62298
1/12

$469,900

3
Bedrooms
1,675
Square Feet
0.21
Acres
$324,900 | 849 Blazing Star Drive, Waterloo, IL 62298
1/47
Active Under Contract

$324,900

3
Bedrooms
1,792
Square Feet
0.22
Acres
$575,000 | 6120 Old Baum Church Road, Waterloo, IL 62298
1/54
Coming SoonOpen: 8/15 01:00PM - 03:00PM

$575,000

3
Bedrooms
4,900
Square Feet
1
Acres
$425,000 | 401 Briarcliff Drive, Waterloo, IL 62298
1/50
Active Under Contract

$425,000

4
Bedrooms
3,524
Square Feet
0.25
Acres

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Pinnacle

Based on information submitted to the MLS GRID as of 08/11/2026 02:32 PM. 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.