I just thought I would show the WT comment on the prophecy, It is not exactly the unbiased info that Pettygrunger requested, but here it is:-
*** it-1 237 Babylon ***
However, the city and a settlement of Jews remained in early Christian times, giving the apostle Peter reason to visit Babylon, as noted in his letter. (1Pe 5:13) Inscriptions found there show that Babylons temple of Bel existed as late as 75 C.E. About the fourth century C.E. the city appears to have passed out of existence. It became nothing more than "piles of stones."Jer 51:37.Today nothing remains of Babylon but mounds and ruins, a veritable wasteland. (PICTURE, Vol. 2, p. 324) The book ArchaeologyandOldTestamentStudy
states: "These extensive ruins, of which, despite Koldeweys work, only a small proportion has been excavated, have during past centuries been extensively plundered for building materials. Partly in consequence of this, much of the surface now presents an appearance of such chaotic disorder that it is strongly evocative of the prophecies of Isa. xiii. 1922 and Jer. 1. , 39 f., the impression of desolation being further heightened by the aridity which marks a large part of the area of the ruins."Edited by D. W. Thomas, Oxford, 1967, p. 41.
I seem to remember the recent plans to rebuild it were dismissed as a "Tourist attraction rather than a real city" in a more recent comment .