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331 E Water Street Kankakee, IL $ 399,900
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331 E Water Street
$ 399,900
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331 E Water Street

Kankakee, IL, 60901
$ 399,900
Bedrooms3 Baths2.0 Sq 2,300

Monthly Estimate*

$ 2,462

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Single Family Home for sale in Kankakee, IL

for $399,900 with 3 bedrooms and 2 full baths. This 2,300 square foot home was built in 1905 on a lot size of 0.293.

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 fireplace 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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Single Family Active

Price

$ 399,900

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 13,381

Style

Lot Size

0.293

Year Built

1905

Town/City

Kankakee

County/Region

Kankakee

MLS | Web ID

12586642
Features
General
Living Area 2300
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Possession Negotiable
Roof Asphalt
Appliances Range Dishwasher Refrigerator Washer Dryer Range Hood Front Controls on Range/Cooktop Gas Cooktop Gas Oven
Zoning SINGL
HOA Fee 0
Garage Spaces 2
Association Fee Includes None
Construction Materials Vinyl Siding
Year Built 1905
Township Kankakee
Tax Year 2024
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Kankakee
New Construction N
Property Type Residential Detached Single
Other Structures Gazebo Shed(s) Boat Dock
Total Rooms 8
Full Baths 2
Status Price Change
Directions 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
High School Kankakee High School
City Kankakee
High School District 111
MLS Area Kankakee
Elementary School Taft Primary School
Tax Annual Amount 13381
Middle/Junior High School Kankakee Junior High School
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 111
Elementary School District 111
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Interior
Interior Amenities Wet Bar 1st Floor Full Bath Walk-In Closet(s) Separate Dining Room
Basement Unfinished Crawl Space Partial
Flooring Laminate Carpet
Total Fireplaces 1
Fireplace Features Wood Burning Gas Starter
Half Baths 0
Laundry Features Upper Level Gas Dryer Hookup
Total Bedrooms 3
Room Type Heated Sun Room
Total Baths 2
Bedrooms Possible 3
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Exterior
Exterior Amenities Fire Pit Dock
Parking Features Concrete Yes Garage Owned Attached Garage
Water Source Public
Total Parking 2
Lot Dimensions 100 x 122 x 100 x 133
Lot Size Acres 0.293
Waterfront Y/N Y
Other Equipment Ceiling Fan(s) Fan-Whole House
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* Excluded Features
List By
Berkshire Hathaway Homeservices Speckman Realty

Broker

realestatebybw@gmail.com

Email

Affordability Calculator

$3,577
Per Month
69%
31%
0%
Monthly Principal & Interest
$2,462
Monthly Property Taxes
$1,115
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4513580 Elementary School
1540058 Middle School
Kankakee High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/18/2026$399,900 -5.91% Price Down
3/16/2026$425,000 Listed Price

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331 E Water Street, Kankakee, IL, 60901 is a Single Family Home for sale at $399,900 with 2,300 sqft and a lot size of 0.293. 331 E Water Street has 3 bedrooms, 2.0 baths, and was built in 1905. The property's zip code is 60901 which is in Kankakee, IL

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