331 E Water Street, Kankakee, IL 60901 (MLS # 12586642)

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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

DAYS ON MARKET 22 LAST UPDATED 3/30/2026
YEAR BUILT 1905 COMMUNITY Kankakee
GARAGE SPACES 2.0 COUNTY Kankakee
STATUS Conditional PROPERTY TYPE(S) Single Family

SCHOOLS
School District Kankakee High School
Elementary School Taft Primary School
Jr. High School Kankakee Junior High School
High School Kankakee High School

PRICE HISTORY
Prior to Mar 18, '26 $425,000
Mar 18, '26 - Today $399,900


ADDITIONAL DETAILS
AIR Ceiling Fan(s), Central Air, Whole House Fan
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Gas Cooktop, Gas Oven, Range, Range Hood, Refrigerator, Washer
AREA Kankakee
BASEMENT Crawl Space, Partial, Unfinished, Yes
CONSTRUCTION Vinyl Siding
EXTERIOR Dock, Fire Pit
FIREPLACE Yes
GARAGE Attached Garage, Yes
HEAT Natural Gas
INTERIOR Walk-In Closet(s), Wet Bar
LOT 0.293 acre(s)
LOT DIMENSIONS 100 x 122 x 100 x 133
PARKING Concrete, Attached, Garage
SEWER Public Sewer
TAXES 13381
VIEW Yes
VIEW DESCRIPTION Water
WATER Public
WATERFRONT Yes
WATERFRONT DESCRIPTION River Front, Waterfront
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Berkshire Hathaway HomeServices Speckman Realty
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