Waterman, located in DeKalb County, Illinois, is a charming village known for its strong sense of community, agricultural roots, and friendly atmosphere. Nestled just 15 miles northwest of DeKalb, Waterman offers a mix of small-town charm and access to urban amenities. This article explores the best residential areas in Waterman, highlighting their unique characteristics, housing options, and average prices.
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Historic Waterman

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The Historic Waterman neighborhood is characterized by its beautiful historical homes and tree-lined streets. This area is perfect for families and those who appreciate preserved architecture and a strong community vibe.
Characteristics of the Historic Waterman
* Culture: Rich history with preserved architecture; community events throughout the year
* Transportation: Mainly car-dependent, with access to public transportation options to DeKalb
* Services: Local shops, parks, and family-owned eateries
* Environment: Close-knit, friendly, and family-oriented
Housing Options in the Historic Waterman
Victorian and Craftsman-style homes, Single-family homes
Average Home Prices in the Historic Waterman
* Buying: $200,000 – $300,000
* Renting: $1,200 – $1,700/month
Waterman Meadows

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Waterman Meadows is a newer development featuring modern homes and a community-centered design. This neighborhood is ideal for families looking for contemporary living spaces with access to parks and recreational areas.
Characteristics of the Waterman Meadows
* Culture: Community-oriented with neighborhood parks and recreational facilities
* Transportation: Car-dependent; close to major roads for easy commuting
* Services: New shopping center nearby, schools, and recreational facilities
* Environment: Friendly and vibrant, appealing to families and young professionals
Housing Options in the Waterman Meadows
Modern single-family homes, Townhouses
Average Home Prices in the Waterman Meadows
* Buying: $250,000 – $350,000
* Renting: $1,500 – $2,000/month
East Waterman

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East Waterman features spacious lots and a rural feel, suitable for those who want more land and a quiet lifestyle. This area is great for those seeking gardening space or outdoor recreational activities.
Characteristics of the East Waterman
* Culture: Emphasis on agriculture and outdoor lifestyle; local farmer's markets
* Transportation: Car essential, limited public transport options
* Services: Essential services are available within a short drive; nearby rustic farms
* Environment: Peaceful and rural, with natural surroundings
Housing Options in the East Waterman
Farmhouses, Ranch-style homes, Custom builds
Average Home Prices in the East Waterman
* Buying: $220,000 – $320,000
* Renting: $1,000 – $1,400/month
Waterman Village

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As the central area of the village, Waterman Village offers a mix of residential homes and local businesses. It is ideal for those who wish to live close to essential services and have a vibrant community life.
Characteristics of the Waterman Village
* Culture: Active community life with local events and festivals; various dining options
* Transportation: Walkable with access to public transport; close to major highways
* Services: Grocery stores, local businesses, and community centers
* Environment: Bustling and social
Housing Options in the Waterman Village
Single-family homes, Duplexes, Older homes with character
Average Home Prices in the Waterman Village
* Buying: $180,000 – $250,000
* Renting: $1,100 – $1,500/month
South Waterman

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South Waterman is characterized by its sprawling landscapes and a variety of housing options. This neighborhood is suitable for those who enjoy open space, privacy, and a rural lifestyle.
Characteristics of the South Waterman
* Culture: Community spirit with local events and gatherings; rural charm
* Transportation: Car necessary; limited public transport available
* Services: Elementary school, parks, and recreational options nearby
* Environment: Calm and spacious
Housing Options in the South Waterman
Split-level homes, Ranch style, Lots with room for farming
Average Home Prices in the South Waterman
* Buying: $200,000 – $280,000
* Renting: $1,000 – $1,300/month
North Waterman

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North Waterman offers a blend of rural and suburban living, with larger lots and various agricultural activities in close proximity. Ideal for those who want an active, outdoor lifestyle.
Characteristics of the North Waterman
* Culture: Focus on agriculture and outdoor living; community events focused on sustainability
* Transportation: Primarily car-dependent; nearby access to highways
* Services: Grocery stores and recreational options within driving distance
* Environment: Countryside feel with community activities
Housing Options in the North Waterman
Custom builds, Modern homes, and older family homes
Average Home Prices in the North Waterman
* Buying: $230,000 – $330,000
* Renting: $1,200 – $1,600/month
Frequently Asked Questions About the Best Residential Areas in Waterman:
The best residential areas in Waterman include Historic Waterman, Waterman Meadows, East Waterman, Waterman Village, South Waterman, and North Waterman.
Waterman Meadows and Waterman Village are particularly family-friendly due to their amenities, parks, and community events.
In Historic Waterman, average home prices range from $200,000 to $300,000, with rentals averaging between $1,200 and $1,700/month.
Yes, Waterman Meadows features new modern homes and is an excellent option for those seeking contemporary living spaces.
Public transport options are limited, and residents generally rely on their cars, particularly in more rural areas.
East Waterman offers spacious lots with farmhouses, ranch-style homes, and custom builds suitable for those seeking a peaceful lifestyle.
Waterman Village boasts a grocery store, local shops, dining options, and community centers, making it an active area of the village.
Waterman has a strong community spirit, with various events and festivals throughout the year bringing residents together.
Waterman Meadows and Waterman Village are known for their parks and active community recreational facilities.
Yes, South Waterman offers reasonably priced homes ranging from $200,000 to $280,000 for purchase, and renting typically costs between $1,000 and $1,300/month.
Conclusion on the Best Residential Areas in Waterman:
Waterman, Illinois, is a vibrant community offering various residential areas to suit diverse lifestyles and preferences. Whether you are drawn to the historical charm of Historic Waterman, the community spirit of Waterman Village, or the tranquil expanses of North Waterman, there is something for everyone in this quaint village. The neighborhood choices range from rural to suburban settings, catering to families, retirees, and young professionals alike. With its welcoming atmosphere, rich community engagement, and vital services, Waterman is an attractive place for individuals and families looking to settle in a peaceful yet engaging environment.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.