Accepting Backups
331 Water Street
Kankakee, IL 60901
$399,900 ▼ $25,100 from $425,000
3beds
2baths
2,300sqft
0.293acres
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About 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
MLS Description — as provided by the listing brokerage.
The facts
Property typeResidential
Year built1905
Garage spaces2
Fireplaces1
Lot size0.293 acres
Annual tax$13,381
CountyKankakee
MLS #MRD12586642
Days on market15
Schools
ElementaryTaft Primary School
Middle / JuniorKankakee Junior High School
High schoolKankakee High School
Features
Heating
Natural Gas
Cooling
Central Air
Appliances
RangeDishwasherRefrigeratorWasherDryerRange HoodFront Controls on Range/CooktopGas CooktopGas Oven
Parking
ConcreteYesGarage OwnedAttachedGarage
Construction
Vinyl Siding
Sewer
Public Sewer
Listed by
Berkshire Hathaway HomeServices Speckman Realty
Brandon West · 228-273-5525
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 3/30/2026, 2:49:09 PM. All data should be independently verified.
This home is under contract but the seller is accepting backup offers. Contact a dwello agent to submit.
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