331 E Water St, Kankakee, IL 60901
OFF MARKET

331 E Water St
Kankakee, IL 60901

  • 3 Beds
  • 2 Baths
  • 2,300 sqft
3 Beds
2 Baths
2,300 sqft

Local Information

Map showing home location
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-- mins to
Commute Destination

Description

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
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
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Home Highlights

Parking
Attached Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
65 days ago

Home Details for 331 E Water St

Interior Features

Heating & Cooling
Heating: Natural GasAir ConditioningCooling System: Central AirHeating Fuel: Natural Gas
Appliances & Utilities
DishwasherDryerRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: AsphaltPatio
Parking & Garage
GarageParking: Garage Attached, Garage Attached

Property Information

Year Built
Year Built: 1905
Property Type / Style
Property Type: Single Family Home

Price History for 331 E Water St

DatePriceEventSource
03/30/2026$399,900ListingRemovedBHHS broker feed #12586642
03/18/2026$399,900PriceChange
BHHS broker feed #12586642
03/16/2026$425,000Listed For SaleBHHS broker feed #12586642
03/06/2026ListingRemovedN/A
02/28/2026$425,000Listed For SaleN/A
08/20/2012$225,000Sold
N/A
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
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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
421 S Dearborn Ave, Kankakee, IL
0.47
Single-Family Home
$247,500
10/07/25
3
2
2,658
505 S Indiana Ave, Kankakee, IL
0.38
Single-Family Home
$220,000
09/03/25
5
2
2,262
1096 S Wildwood Ave, Kankakee, IL
0.44
Single-Family Home
$250,000
03/03/26
3
3
1,920
837 S 4th Ave, Kankakee, IL
0.49
Single-Family Home
$180,000
12/11/25
3
2
1,672
728 Cobb Blvd, Kankakee, IL
0.39
Single-Family Home
$130,000
11/21/25
4
2
2,102
1131 S Elm Ave, Kankakee, IL
0.61
Single-Family Home
$255,000
01/13/26
3
2
2,083
957 E Eagle St, Kankakee, IL
0.50
Single-Family Home
$221,000
07/23/25
5
2
1,792
443 W Water St, Kankakee, IL
0.52
Single-Family Home
$197,000
02/26/26
3
1.5
1,252
1068 S Wildwood Ave, Kankakee, IL
0.43
Single-Family Home
$305,000
11/21/25
4
2.5
2,367
1055 S Myrtle Ave, Kankakee, IL
0.53
Single-Family Home
$249,000
10/17/25
4
2
2,040

Assigned Schools

These are the assigned schools for 331 E Water St.
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What Locals Say about Kankakee

At least 210 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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331 E Water St, Kankakee, IL 60901 is a 3 bedroom, 2 bathroom, 2,300 sqft single-family home built in 1905. This property is not currently available for sale. 331 E Water St was last sold on Aug 20, 2012 for $225,000 (44% lower than the asking price of $399,900).