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 $2,759/mo*
Refinance Your Home

$385,000

Last Sold: May 27, 2026
4% below list $400K
$167/sqft
Est. Refi. Payment $2,759/mo*
Refinance Your Home
3 Beds
2 Baths
2,300 sqft
(on 0.29 acres)

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
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
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
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
1228 S 8th Ave, Kankakee, IL
0.78
Single-Family Home
$235,900
09/16/25
3
1.5
2,024
981 S Evergreen Ave, Kankakee, IL
0.45
Single-Family Home
$295,000
07/20/26
4
3
2,440

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
247 E Hawkins St, Kankakee, IL 60901
0.10
$169,700
2
2
2,080
Off Market
946 S Schuyler Ave, Kankakee, IL 60901
0.10
$134,900
3
3
-
For Sale
881 S Dearborn Ave, Kankakee, IL 60901
0.10
$41,041
2
1
968
Recently Sold
904 S Schuyler Ave, Kankakee, IL 60901
0.13
$152,700
3
1
1,806
Off Market
327 E Water St, Kankakee, IL 60901
0.13
$178,200
2
1
1,000
Off Market
1032 S East Ave, Kankakee, IL 60901
0.19
$145,000
2
1
7,500
Recently Sold
1179 S Schuyler Ave, Kankakee, IL 60901
0.25
$139,900
4
2
-
For Sale
187 E Water St, Kankakee, IL 60901
0.22
$311,000
3
2
1,550
Recently Sold
620 Park Pl, Kankakee, IL 60901
0.21
$307,800
4
2.5
2,674
Off Market
1099 S Chicago Ave, Kankakee, IL 60901
0.23
$317,300
4
2
2,550
Off Market
1192 S East Ave, Kankakee, IL 60901
0.28
$141,900
5
2
-
Off Market

Local Information

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

Home Highlights

Property Type
Single-Family Home
Year Built
1905
Lot Size
0.29 acres
Living Area
2,300 sqft
Price/Sqft
$167/sqft
Parking
2 Car Garage
HOA
None

About this House

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.
Last check for updates: about 3 hours 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

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

Price and Tax history

DateEventPrice
May 27, 2026
Source: MRED as distributed by MLS GRID #12586642
Sold
$385,000
May 20, 2026
Source: MRED as distributed by MLS GRID #12586642
ListingRemoved
$399,900
Mar 30, 2026
Source: MRED as distributed by MLS GRID #12586642
Contingent
$399,900
Mar 18, 2026
Source: MRED as distributed by MLS GRID #12586642
PriceChange
$399,900
Price decreased by 6%
Mar 16, 2026
Source: MRED as distributed by MLS GRID #12586642
Listed For Sale
$425,000

Market trends in Kankakee

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$160K
$4.48KMoM
Sale-to-List Price
98.8%
Price per sq ft
$116
Available listings
78
3MoM

Around this home

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

LGBTQ Local Legal Protections

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

Frequently asked questions about 331 E Water St

  • What is the price history for 331 E Water St?
    331 E Water St in Kankakee, IL last sold for $385,000 in May 2026.
  • Is Kankakee a buyer's or seller's market?
    Kankakee is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Kankakee?
    The median sale price in Kankakee is $160K. That is up $4.48K from the prior month.
  • What do residents say about Kankakee?
    Residents describe Kankakee, IL as easy to park in, well-kept, and pedestrian-friendly. See recently sold homes in Kankakee, IL.
  • Does 331 E Water St have air conditioning?
    Yes, 331 E Water St in Kankakee, IL has air conditioning.
  • Does 331 E Water St have laundry facilities?
    Yes, 331 E Water St in Kankakee, IL has in-unit laundry.

Explore by feature - Pet Friendly

12 pet-friendly rentals in Kankakee, IL

Explore by feature - Garage

6 rentals with a garage in Kankakee, IL

Explore by feature - Air Conditioning

19 rentals with air conditioning in Kankakee, IL

Explore by feature - Washer/dryer

6 rentals with a washer/dryer in Kankakee, IL

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 331 E Water St

Skip to last item
Skip to first item

Homes for sale near 331 E Water St

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item