121 S Main St, Waterloo, IL 62298 Property Records

Monroe County property record for 121 S Main St, Waterloo, IL 62298

Property Summary

Property Type	Commercial
Lot Size	0.1 acres (4,419 sqft)
Owner	Company Name on File
Last Sale	$566,000 (Nov 2025)
Tax Bill	$4,340 (2025)
Deeds & Mortgages	Jul 2026 Mortgage Nov 2025 Sale & Mortgage + 4 more
Flood Zone	Zone X (minimal risk)
APN	`07-25-250-026-000`

Property Details

APN / Parcel Number

Primary APN	`07-25-250-026-000`
Alternative APN	`07251120301000 00`

Exterior

Lot Area	4,419 sqft (0.1 acres)
Lot Dimensions	155 ft deep x 30 ft wide

Location & Zoning

Street Address	121 S MAIN ST
City	WATERLOO
State	IL
Zip	62298-1323
Property Category	Commercial
Property Type	Commercial > Retail
Local Zoning Code	WB3
Legal Description	LOT 27 OLD TOWN
Legal Range	10W
Legal Township	02S
Legal Section	25
Legal Subdivision	WATERLOO
Legal Lot Number	27
Jurisdiction	MONROE IL
Township / Civil Division	32
Census Block Group	3
Census Block	3053
Census Tract	600401

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic District	Within the Waterloo Historic District listed 1978 · 236 contributing resources · NRIS 78001177

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

121 S Main St, a commercial property, is owned by a company that bought it in November 2025.

Source: Monroe County records, as of October 20, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Company Name on File
Mailing Address	7967 GRIZZLY HOLW, WATERLOO, IL 62298-6055
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Jul 9, 2026	Deed of Trust, Mortgage · Conventional Mortgage STATE BANK
Nov 4, 2025	Corporation Deed, Transfer · Commercial Mortgage STATE BANK
Sep 11, 2025	Foreclosure
Aug 30, 2018	Deed of Trust, Mortgage · Line of Credit STATE BK/WATERLOO
Sep 14, 2017	Quit Claim Deed, Transfer ATTORNEY ONLY
May 30, 2017	Warranty Deed, Transfer STATE BK/WATERLOO

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 4, 2025 · Amount on File
Deed Sale	Nov 4, 2025 · Amount on File
Prior Sale	May 30, 2017 · Amount on File
Deed Document Number	2025439929
Prior Transfer Date	Sep 8, 2025
Prior Transfer Doc	0000439241
Record Updated	Oct 29, 2026

July 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MONROE IL
Recording Date	Jul 9, 2026
Property Address	121 S MAIN ST, WATERLOO, IL 62298-1323
Document Number	0000443408
Instrument Date	Jul 9, 2026
Instrument	2026443408
Transaction Type	Mortgage
Record Updated	Jul 24, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership, 266
Address	7967 GRIZZLY HOLW, WATERLOO, IL 62298-6055
Investor	Possibly a Property Investor

Mortgage

Document Number	0000443408,
Date	Jul 9, 2026
Instrument	2026443408

Lender

Name	STATE BANK

Agreement

Type	Conventional Mortgage
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate
Rate	6.52%
Initial Type	Adjustable Rate
Adjustable	Adjustable Rate Rider
Max Rate	-1%

November 2025: Corporation Deed, Transfer

Document Type	Corporation Deed
Jurisdiction	MONROE IL
Recording Date	Nov 4, 2025
Property Address	121 S MAIN ST, WATERLOO, IL 62298-1323
Document Number	0000439929
Map Reference	MB A PG 15
Instrument Date	Oct 20, 2025
Instrument	439929
Transaction Type	Transfer
Record Updated	Nov 19, 2025

Transaction

Amount	Amount on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$849.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	885 N ILLINOIS ROUTE 3, WATERLOO, IL 62298-1078

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	7967 GRIZZLY HOLW, WATERLOO, IL 62298-6055

Mortgage

Document Number	0000439930
Date	Nov 4, 2025
Instrument	439930

Lender

Name	STATE BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	300 Months
Due	Oct 31, 2050

September 2025: Foreclosure

Document Type	Foreclosure
Jurisdiction	MONROE IL
Recording Date	Sep 11, 2025
Property Address	121 S MAIN ST, WATERLOO, IL 62298-1323
Document Number	0000439241
Map Reference	MB A PG 15
Instrument Date	Sep 8, 2025
Instrument	439241
Transaction Type	Foreclosure
Record Updated	Sep 24, 2025

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Notice of Foreclosure Sale

Transferred From (Grantor/Seller)

Name	Verified Name
Address	1 S WACKER DR LBBY 24, 24, CHICAGO, IL 60606-4615

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	885 N ILLINOIS ROUTE 3, WATERLOO, IL 62298-1078

August 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MONROE IL
Property Address	121 S MAIN ST, WATERLOO, IL 62298-1323
Document Number	0000397868
Instrument Date	Aug 30, 2018
Transaction Type	Mortgage
Record Updated	Sep 28, 2018

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	6467 KONARCIK RD WATERLOO IL 622982421, WATERLOO, IL 62298-2421

Mortgage

Document Number	0000397868
Date	Sep 18, 2018
Instrument	397868

Lender

Name	STATE BK/WATERLOO
Type	Bank
Address	WATERLOO, IL 62298

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	60 Months
Due	Sep 17, 2023

Interest

Rate Type	Adjustable Rate

September 2017: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	MONROE IL
Recording Date	Sep 14, 2017
Property Address	121 S MAIN ST, WATERLOO, IL 62298-1323
Document Number	0000391923
Instrument Date	Sep 13, 2017
Instrument	391923
Transaction Type	Transfer
Record Updated	Oct 2, 2017
Title Company	ATTORNEY ONLY

Transaction

Tax	$0.00
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	6467 KONARCIK RD WATERLOO IL 622982421, WATERLOO, IL 62298-2421

May 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MONROE IL
Recording Date	May 30, 2017
Property Address	121 S MAIN ST, WATERLOO, IL 62298-1323
Document Number	0000390073
Instrument Date	May 25, 2017
Instrument	390073
Transaction Type	Transfer
Record Updated	Jun 8, 2017
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount on Record
Tax	$316.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	6467 KONARCIK RD WATERLOO IL 622982421, WATERLOO, IL 62298-2421

Mortgage

Document Number	390074
Date	May 30, 2017
Instrument	390074

Lender

Name	STATE BK/WATERLOO
Type	Bank
Address	WATERLOO, IL 62298

Agreement

Amount	Amount on Record
Term	60 Months
Due	May 29, 2022

Tax Assessment & Valuation

The 2025 property tax bill for 121 S Main St was $4,340, down 1.7% from the year before.

Source: Monroe County assessment roll, as of October 13, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Monroe County
Municipality	Waterloo City
Unified School District	Waterloo Community Unit School District 5 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$4,340.00 (-1.7%)	$70,600 (-5.35%) Land $6,580 Building $64,020	$211,800 (-5.35%) Land $19,740 Building $192,060
2024	$4,415.00	$74,592 Land $6,949 Building $67,643	$223,776 Land $20,847 Building $202,929
2022	$4,535.00	$70,640 Land $6,580 Building $64,060	$211,920 Land $19,740 Building $192,180

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 121 S Main St in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective August 18, 2025

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

The area around 121 S Main St has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	WATERLOO serves 10,190 people · EPA ID IL1330300
Water Source	Groundwater
Last State Inspection	Dec 2025
Lead	1 ppb (2026–2028) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	30 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 458 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
Verizon Fixed Wireless	300 / 20
Harrisonville Telephone Company DSL · Fiber in parts of the area	100 / 20

May also be available: ClearWave, Wisper ISP.

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