Waterman, Illinois, is a quaint village in DeKalb County with a population of approximately 1,500, offering a serene, small-town atmosphere surrounded by the expansive farmlands of the Midwest. Established in 1872, Waterman maintains a rich agricultural heritage, with its annual Waterman Lions Summerfest and Antique Tractor & Steam Show celebrating its rural roots and community spirit. The village features a handful of local businesses, historic buildings, and a peaceful park, making it an inviting spot for those seeking a slower pace of life. Its proximity to larger cities like DeKalb and Aurora provides residents with a balance of rural charm and access to urban amenities.

Waterman currently has 9 single family homes for sale with an average list price of $265,866.56 and 1 lot for sale with a list price of $639,000. The average annual property tax for Waterman is $4,225.15.