331 E Water St, Kankakee, IL 60901
Property image
Property image
SOLD
MAY 27, 2026

331 E Water St
Kankakee, IL 60901

  • 3 Beds
  • 2 Baths
  • 2,300 sqft (on 0.29 acres)

$385,000

Last Sold: May 27, 2026
4% below list $400K
$167/sqft
Est. Refi. Payment $2,026/mo*
Refinance Your Home

$385,000

Last Sold: May 27, 2026
4% below list $400K
$167/sqft
Est. Refi. Payment $2,026/mo*
Refinance Your Home
3 Beds
2 Baths
2,300 sqft
(on 0.29 acres)

Local Information

  • Map ViewExplore the area around 331 E Water St.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

331 E Water St, Kankakee, IL 60901 is a 3 bedroom, 2 bathroom, 2,300 sqft single-family home built in 1905. It last sold for $385,000 on May 27, 2026 (4% below the $399,900 asking price). It is currently off market. The Trulia Estimate rent is $2,186/month.

Home Highlights

Parking
2 Car Garage
Outdoor
Patio, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$167/sqft
Listed
110 days ago

Home Details for 331 E Water St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Unfinished,Crawl Space,PartialNumber of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Heated Sun Room, Kitchen, Laundry, Living RoomWet Bar
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2300 Square Feet
Appliances & Utilities
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Range Hood, Front Controls on Range/Cooktop, Gas Cooktop, Gas OvenDishwasherDryerLaundry: Upper Level,Gas Dryer HookupRefrigeratorWasher
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Wood Burning, Gas Starter, Living RoomHas a FireplaceNo Spa
Windows, Doors, Floors & Walls
Window: Window TreatmentsFlooring: Laminate, Carpet
Levels, Entrance, & Accessibility
Stories: 2Accessibility: No Disability AccessFloors: Laminate, Carpet
View
Has a ViewView: Water, Back of Property

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: Deck, PatioFencing: FencedOther Structures: Gazebo, Shed(s), Boat DockExterior: Fire Pit, Dock
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageParking Spaces: 2Parking: Concrete,Yes,Garage Owned,Attached,Garage
Frontage
WaterfrontWaterfront: River Front, WaterfrontOn Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1905Year Renovated: 2023
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Vinyl SidingNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 16170530801900

Price & Status

Price
List Price: $399,900Price Per Sqft: $167/sqft
Status Change & Dates
Off Market Date: Sat Mar 28 2026Possession Timing: Negotiable

Location

Direction & Address
City: Kankakee
School Information
Elementary School: Taft Primary SchoolElementary School District: 111Jr High / Middle School: Kankakee Junior High SchoolJr High / Middle School District: 111High School: Kankakee High SchoolHigh School District: 111

Building

Building Area
Building Area: 2140 Square Feet

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 0.29 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12586642Attic: UnfinishedWater ViewWater View: Water, Back of Property

Additional Information

Source Internet Entire Listing DisplayMRD IDX Comments Reviews: YesMRD Listing On IDX Display: YesMRD Address On VOW Display: YesMRD AVM On IDX Display: YesHide Public RemarksMRD Price History On IDX Display: YesMRD Market Time On IDX Display: YesSource Internet Address DisplayMRD REMARKSINTERNET: NoMRD Remarks On VOW Display: Yes
Last check for updates: about 1 hour ago
Listed by Brandon West, (228) 273-5525
Berkshire Hathaway HomeServices Speckman Realty
Bought with: Kellie Baranowski, (815) 592-8346, Berkshire Hathaway HomeServices Speckman Realty
Source: MRED as distributed by MLS GRID, MLS#12586642

Price History for 331 E Water St

DatePriceEventSource
05/27/2026$385,000Sold
MRED as distributed by MLS GRID #12586642
05/20/2026$399,900ListingRemovedMRED as distributed by MLS GRID #12586642
03/30/2026$399,900ContingentMRED as distributed by MLS GRID #12586642
03/18/2026$399,900PriceChange
MRED as distributed by MLS GRID #12586642
03/16/2026$425,000Listed For SaleMRED as distributed by MLS GRID #12586642
03/06/2026ListingRemovedN/A
02/28/2026$425,000Listed For SaleN/A
08/17/2012$150,000Sold
MRED as distributed by MLS GRID #08034796
05/11/2012$164,500PriceChange
Agent Provided
12/09/2011$169,900PriceChange
Agent Provided
07/10/2011$178,000PriceChange
Agent Provided
05/05/2011$185,000Listed For SaleAgent Provided
03/23/2004$190,000Sold
N/A

Market trends in Kankakee

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
75
9MoM
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Property Tax and Assessment

Year2017
Tax$8,825
Assessment$55,451
Home facts updated by county records

Comparable Sales for 331 E Water St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
762 S Greenwood Ave, Kankakee, IL
0.31
Single-Family Home
$305,000
07/01/26
3
1.5
2,638
1068 S Wildwood Ave, Kankakee, IL
0.43
Single-Family Home
$305,000
11/21/25
4
2.5
2,367
505 S Indiana Ave, Kankakee, IL
0.38
Single-Family Home
$220,000
08/14/25
5
2
2,262
421 S Dearborn Ave, Kankakee, IL
0.47
Single-Family Home
$247,000
10/03/25
3
2
2,658
1096 S Wildwood Ave, Kankakee, IL
0.44
Single-Family Home
$250,000
03/03/26
3
2.5
1,920
1131 S Elm Ave, Kankakee, IL
0.61
Single-Family Home
$255,000
01/13/26
3
1.5
2,083
915 E Duane Blvd, Kankakee, IL
0.42
Single-Family Home
$225,000
08/13/25
3
2.5
1,768
837 S 4th Ave, Kankakee, IL
0.49
Single-Family Home
$180,000
11/26/25
3
2
1,672
878 S Wildwood Ave, Kankakee, IL
0.42
Single-Family Home
$210,000
05/29/26
4
2.5
2,380

Nearby homes

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Assigned Schools

These are the assigned schools for 331 E Water St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Kankakee

At least 211 Trulia users voted on each feature.

  • 85 % Say car is needed

  • 80 % Say parking is easy

  • 79 % Say yards are well-kept

  • 75 % Say there are sidewalks

  • 67 % Say it's dog friendly

  • 64 % Say there's holiday spirit

  • 60 % Say kids play outside

  • 51 % Say neighbors are friendly

  • 50 % Say it's quiet

  • 46 % Say it's walkable to restaurants

  • 44 % Say there's wildlife

  • 44 % Say streets are well-lit

  • 43 % Say they plan to stay for at least 5 years

  • 40 % Say it's walkable to grocery stores

  • 38 % Say people would walk alone at night

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Donna Tymec
    "I use my car everything is accessible with in 2-10 minutes. Buses run till 11 pm. Commute is easy hardly any congestion when traffic comes "
    0
    Flag
  • Vinnie Crump
    "Like that most people are friendly . People have ongoing relationships with neighbors and feel safe. People with dogs seem to respect their neighbors and boundaries don’t leave their dogs outside all evening just letting them bark and bark and bark "
    0
    Flag
  • Sluiterdbm
    "Plenty of people walking dogs in the neighborhood and a park down by the river as well. Very nice neighborhood!"
    0
    Flag
  • Sluiterdbm
    "I’ve lived here for 22 years in the historic district and there are very unique historical homes to enjoy on walks and friendly neighbors. Very beautiful sunsets over the river to enjoy as well!"
    0
    Flag
  • Kathleen Donovan Downey
    "…………Herscher is a great school district. Friendly neighborhood. Nice state park nearby. Safe for kids to play outside. "
    0
    Flag
  • Kevali Amphy
    "I wouldn’t take public transportation unless absolutely necessary. Little to no traffic. State and local police are active."
    0
    Flag
  • Maliknorsworthy
    "ne of the main roles of parents is providing encouragement, support and access to activities that enable a child to master key developmental"
    0
    Flag
  • Olivia Johnson
    "Great access love this community. I am foreign here born and raised. I appreciate everything in this community."
    0
    Flag
  • Lateesakfoster93
    "I’ve Been here all my life..very small and quiet.I will recommend if anyone is looking for a smaller town to live."
    9
    Flag
  • Mark E. H.
    "Great schools and right next to Hawkins Park with a 2/3 mile jogging track. Close to hospitals. Country living. "
    3
    Flag
  • Angela W.
    "It’s run down. People don’t try to improve their property, they do the bare minimum. The Alderman doesn’t enforce anything they just get a check."
    1
    Flag
  • Danniiemarie
    "It’s loud at night where I’m by, parties and drinking plus smoking all through the night. If you want to live here just beware"
    10
    Flag
  • Olivia Q.
    "I don’t like it.hear to many gun shots, have had a package stolen from my front porch and the lighting outside for the streets suck they aren’t bright at all "
    1
    Flag
  • Cristinatrujillo5783
    "No one helps out no one turns in the bad Guys it needs to stop we need to come together to make it town better "
    12
    Flag
  • Kennice B.
    "I lived here for 1 yr it's been pretty quiet nice place to live so far will recommend neighborhood to anyone "
    3
    Flag
  • Cristinatrujillo5783
    "None we have no events and there is always shooting in the area and they go to jail for a week and get out "
    8
    Flag
  • Gerraile
    "There are parks and green spaces but you have to travel through intrepid waters or neighborhoods to get to some. "
    1
    Flag
  • Michelle B.
    "not the best neighborhood, some areas are good some are not so great. Be sure to do your research on the areas before making your decision."
    3
    Flag
  • Ayersloretta53
    "I've lived in this area for six years and it has been going down hill every since. Loud music and roudy people are moving into thr area."
    0
    Flag
  • Nimon B.
    "only one dog in my neighborhood and they pick up after it...but over all it's a really nice neighborhood where I stay at."
    0
    Flag
  • Djsluiter
    "We have a holiday housewalk and are constantly doing special events. For Christmas our neighborhood has just started a parade of lights and in the summer there are bike races and block parties, wine and cheese events etc. "
    2
    Flag
  • Djsluiter
    "Great place with good parks and plenty of areas to walk dogs. There is the Kankakee River that is always a good place to bring dogs. "
    1
    Flag
  • Donnajones287
    "Lived here for almost two years now and this town sucks and the police are even worse. It's not safe here and the hookers walk around with there gas and wash cups to let it know there open for business. "
    0
    Flag
  • Kellielafevor
    "Our community does amazing things. The farmers market, downtown activities, the public library. We love our daycare and preschool in the district. "
    0
    Flag

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Apartments for Rent

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Homes for sale near 331 E Water St

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Off Market Homes Near 331 E Water St

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Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information