Under Contract

331 E Water Street

Kankakee, IL 60901
Mark as Favorite
Bed 3

Bed

Bath 2

Bath

SqFt2,300

Sqft

Acres0.29

Acre(Lot)

Rare opportunity to own a generous 100 feet of Kankakee River frontage on a beautiful double lot with dock and direct water access. Enjoy peaceful waterfront living along the navigable Kankakee River, providing direct access for boating, fishing, kayaking, and outdoor recreation. This well-maintained residence offers approximately 2,200 square feet of living space and combines comfortable indoor living with an exceptional riverfront lifestyle. The home features 3 spacious bedrooms, each with walk-in closets, and 2 bathrooms. The second floor offers the convenience of upstairs laundry located near the bedrooms. The partially remodeled main floor includes new flooring, updated cabinets, and newer appliances, creating a refreshed and functional living space. The living room features a f ireplace that can be used as either wood burning or gas. Additional highlights include a bright sunroom with relaxing river views, new carpet installed in 2025, and an attached 2 car garage. Step outside and enjoy true outdoor living with two decks overlooking the water, a gazebo perfect for entertaining or relaxing, and a dock ideal for boating, fishing, or enjoying the scenic Kankakee River. Riverfront homes with this much frontage, outdoor space, and direct water access rarely become available. Enjoy peaceful riverfront living while still being within convenient driving distance of the Chicago suburbs. Schedule your showing today and experience everything this Kankakee River property has to offer. Imagine spending summer evenings by the water, boating, fishing, or simply relaxing while watching the river flow by

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Detail Ic Property Details

Property Type : Residential

Price : $399,900

AD Id : 76185767

MLS Id : MRD12586642

Beds : 3

Lot Size : 0.29 Acre

Living Area Size : 2,300

Year Built : 1905

Garage : 2

County : Kankakee

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedroom: 3 Room Types: Heated Sun Room

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 8

    Interior Features

    Wet Bar, 1st Floor Full Bath, Walk-In Closet(s), Separate Dining Room Roof: Asphalt Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Range Hood, Front Controls on Range/Cooktop, Gas Cooktop, Gas Oven Laundry Features: Upper Level, Gas Dryer Hookup

    Roofing Information

    Asphalt
  • Flooring Information

    Flooring: Laminate, Carpet Construction Materials: Vinyl Siding
  • Heating & Cooling

    Heating: Natural Gas Cooling: Central Air Water front: 1 WaterSource: Public

  • Building Information

    Year Built: 1905
  • Exterior Features

    Fire Pit, Dock Construction Materials: Vinyl Siding

  • Lot Information

    Lot Dimensions: 100 x 122 x 100 x 133 Lot Acres: 0.293 Lot Size: .25-.49 Acre

    Property Information

    Property Type: Residential Sub Type: Detached Single Type Detached: 2 Stories

  • Listing Price Information

    Original List Price:$425000

  • Tax Information

    Annual Tax: $13381 Tax Year: 2024 Parcel Number: 16170530801900 Tax Exemption: Homeowner

  • Parking Information

    Total Parking: 2 Concrete, Yes, Garage Owned, Attached, Garage Is Parking Included in Price: Yes

    Garage Information

    Garage Space: 2

    Homeowners Association Information

    Included Fees: None

  • School Information

    Elementary School: Taft Primary School Junior High School: Kankakee Junior High School Senior High School: Kankakee High School
  • Utility Information

    Sewer: Public Sewer Water Source: Public
  • Location Information

    City: Kankakee Direction: Head south on Schuyler going over the Kankakee River bridge, take the first left onto E. Water St. The 4th house on the left after curve
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At $173.87 per sq.ft.,this listing is priced below average compared to other homes from Kankakee.

The average homes price in Kankakee is $370202.62 with avg. price / sq.ft of $2102.04.

The average homes price in Kankakee County is $373818.81 with avg. price / sq.ft of $2100.74.

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5101 W 1000 N Road, Kankakee, IL, 60901 $275,000 4 2 1,700 1,700 SqFt
1562 S 5th Avenue, Kankakee, IL, 60901 $189,900 3 1 832 832 SqFt
469 S Wildwood Avenue, Kankakee, IL, 60901 $45,500 3 2 1,100 1,100 SqFt
123 S Alma Avenue, Kankakee, IL, 60901 $179,900 3 2 1,350 1,350 SqFt
4754 W Hilltop Drive, Kankakee, IL, 60901 $249,900 3 2 1,112 1,112 SqFt
1147 N Chicago Avenue, Kankakee, IL, 60901 $165,000 4 2 1,200 1,200 SqFt
6340 E River Court, Kankakee, IL, 60901 $310,000 4 2 2,100 2,100 SqFt
470 S Nelson Avenue, Kankakee, IL, 60901 $135,000 2 1 1,009 1,009 SqFt
838 N Rosewood Avenue, Kankakee, IL, 60901 $160,000 2 1 780 780 SqFt
1221 E Chestnut Street, Kankakee, IL, 60901 $97,500 3 2 1,950 1,950 SqFt

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ByOwner last updated this listing 04/06/2026 @ 18:20

MLS: MRED #12586642 LISTED BY: Brandon West, Berkshire Hathaway HomeServices Speckman Realty 815-937-4370 SOURCE: Midwest Real Estate Data LLC (MRED)

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