Rare opportunity to acquire 9+/- acre Farmette with 4,000 SQ FT two unit residential brick building. The residential structure is a story and a half design, with a two bedrooms on one side and three bedrooms on the other. Additional, there is an attached two car garage, sun room, and full finished basement. There are 3 large metal out-buildings with up to 13,000 SQ FT of storage capacity. The property is located on Waterman Rd, which is hard surfaced and rated at 80,000 LBs. The excess property is tillable and can be rented for farming purposes. The residential units are currently undergoing a cosmetic makeover. Unlimited possibilities, such as a winery, chicken ranch, fresh vegetable stand, nursery, horse stables or pumkin patch. Please schedule all showings 24 hours in advance.
Large development consisting of 280+ lots, 192 are included in this sale. (89 Lots SFR already under contract) Commercial, MF lots in phase 1, and all land in phase 2 and phase 3. Two residential structures with rental income. Detention pond. Non-included: parcel located in middle of development with access off Preserve Road. Excellent opportunity for home builder wanting to develop. CCRs for homes are on file. HOA reserved for future use by new owner. Short drive to Meta, Amazon and other big logo projects for easy access to employment. (89 lots in phase one are already under contract)
The median home value in Waterman, IL is $312,000. This is higher than the county median home value of $225,800. The national median home value is $338,100. The average price of homes sold in Waterman, IL is $312,000. Approximately 78.12% of Waterman homes are owned, compared to 17.54% rented, while 4.34% are vacant. Waterman real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Waterman real estate agent to arrange a tour today!
Waterman, Illinois has a population of 1,602. Waterman is more family-centric than the surrounding county with 44.64% of the households containing married families with children. The county average for households married with children is 31.37%.
The median household income in Waterman, Illinois is $88,047. The median household income for the surrounding county is $64,019 compared to the national median of $69,021. The median age of people living in Waterman is 36.1 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 12 degrees. The average rainfall is approximately 36.9 inches per year, with 30.8 inches of snow per year.