127 W Mill St, Waterloo, IL 62298 Property Records

Monroe County property record for 127 W Mill St, Waterloo, IL 62298

Property Summary

Property Type	Commercial
Lot Size	0.13 acres (5,570 sqft)
Owner	2 Company Names on Record
Last Sale	$170,000 (Jul 2018)
Tax Bill	$3,118 (2025)
Deeds & Mortgages	Oct 2025 Transfer Jan 2017 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`07-25-205-016-000`

Property Details

APN / Parcel Number

Primary APN	`07-25-205-016-000`
Alternative APN	`07250720500200 00`

Exterior

Lot Area	5,570 sqft (0.13 acres)
Lot Dimensions	155 ft deep x 33 ft wide

Location & Zoning

Street Address	127 W MILL ST
City	WATERLOO
State	IL
Zip	62298-1206
Property Category	Commercial
Property Type	Commercial > Retail
Local Zoning Code	WB3
Legal Description	LOT 10B MARTINS RESURVEY OF OLD TOWN
Legal Range	10W
Legal Township	02S
Legal Section	25
Legal Subdivision	MARTINS RE-SURV
Legal Lot Number	10B
Jurisdiction	MONROE IL
Township / Civil Division	32
Census Block Group	3
Census Block	3037
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

Source: Monroe County records, as of October 13, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Company Names on Record
Mailing Address	8125 PRAIRIE LAKE DR, WATERLOO, IL 62298-6063
Owner Type	Company
Vesting	Life Tenant

Deeds, Mortgages & Sale History

Date	Document
Oct 24, 2025	Intrafamily Transfer, Transfer ATTORNEY ONLY, ATTORNEY
Jan 25, 2017	Deed of Trust, Mortgage · Commercial Mortgage FIRST NATIONAL BANK WATERLOO
Jul 6, 2018	Warranty Deed, Transfer MALHEUR COUNTY TITLE COMPANY

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Jul 6, 2018 · Amount on Record
Deed Sale	Jul 6, 2018 · Amount on Record
Deed Document Number	2018396801
Last Transfer Date	Oct 7, 2025
Transfer Doc	0000439775
Record Updated	Oct 29, 2026

October 2025: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	MONROE IL
Recording Date	Oct 24, 2025
Property Address	127 W MILL ST, WATERLOO, IL 62298-1206
Document Number	0000439775
Instrument Date	Oct 24, 2025
Instrument	439775
Transaction Type	Transfer
Record Updated	Nov 12, 2025
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Revocable Living Trust
Address	8125 PRAIRIE LAKE DR, WATERLOO, IL 62298-6063

January 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MONROE IL
Property Address	127 W MILL ST, WATERLOO, IL 62298-1206
Transaction Type	Mortgage
Record Updated	Feb 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000388023
Date	Jan 25, 2017
Instrument	388023

Lender

Name	FIRST NATIONAL BANK WATERLOO
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

July 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MONROE IL
Recording Date	Jul 6, 2018
Property Address	127 W MILL ST, WATERLOO, IL 62298-1206
Document Number	0000396801
Instrument Date	Jul 5, 2018
Instrument	396801
Transaction Type	Transfer
Record Updated	Jul 25, 2018
Title Company	MALHEUR COUNTY TITLE COMPANY

Transaction

Amount	Amount Recorded
Tax	$255.00
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	8125 PRAIRIE LAKE DR WATERLOO IL 622986063, WATERLOO, IL 62298-6063

Tax Assessment & Valuation

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	$3,118.00	$51,110 (-5.31%) Land $7,240 Building $43,870	$153,330 (-5.31%) Land $21,720 Building $131,610
2024	$3,118.00	$53,977 (+5.61%) Land $7,646 Building $46,331	$161,931 (+5.61%) Land $22,938 Building $138,993
2022		$51,110 Land $7,240 Building $43,870	$153,330 Land $21,720 Building $131,610

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

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

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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