331 E Water Street — Kankakee, IL 60901
Closed
▼ $25,100
Kankakee, IL 60901

331 E Water Street

$399,900
3 beds · 2 baths · 2,300 sqft
$25,100 below original 13 days on market $13,381/yr taxes
01About this home

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

02Inside the home
03By the numbers
$399,900
List price
2,300
Square feet
3
Bedrooms
2 full
Bathrooms
1905
Year built
0.29 ac
Lot size
2
Garage spaces
$13,381
Annual taxes
Detached Single
Style
13
Days on market
04Features
Heating
Natural Gas
Cooling
Central Air
Appliances
RangeDishwasherRefrigeratorWasherDryerRange HoodFront Controls on Range/CooktopGas CooktopGas Oven
Parking
ConcreteGarage OwnedAttachedGarage
Construction
Vinyl Siding
Equipment
Ceiling Fan(s)Fan-Whole House
Sewer
Public Sewer
05Neighborhood
This home EElementary schoolMMiddle schoolHHigh school
E Elementary school
Taft Primary School
Kankakee, IL
📍0.7 mi🚗2 min🚶17 min
M Middle school
Kankakee Junior High School
Kankakee, IL
📍2.0 mi🚗5 min🚶48 min
H High school
Kankakee High School
Kankakee, IL
📍1.0 mi🚗3 min🚶24 min
  • Crazy Joe's Diner 700 ft
  • McDonald's 1.4 mi
  • Poor Boy 1.4 mi
  • Captain Fresh Fish & Chicken 1.5 mi
  • Jewel-Osco 0.3 mi
  • Berkot's Super Foods 1.1 mi
  • Speedway 1.4 mi
  • Jeffers Park 100 ft
  • Legion Park 0.3 mi
  • McBroom Park 0.5 mi
  • Small Memorial Park 0.5 mi
  • Alpiner Park 0.6 mi
  • Riverview Historic District 0.7 mi
  • Nothing surfaced nearby in our maps data.
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

May 27, 2026
Price reducedThis listing
Berkshire Hathaway HomeServices Speckman Realty
$399,900
−$25,100
May 27, 2026
SoldThis listing
$385,000
Mar 16, 2026
Listed for saleThis listing
Berkshire Hathaway HomeServices Speckman Realty
$425,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

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08See it for yourself

Stand in the kitchen.
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09Similar homes
Listed by Berkshire Hathaway HomeServices Speckman Realty · Brandon West · 228-273-5525
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12586642
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