465 E Water St, Kankakee, IL 60901
Property image
Property image
OFF MARKET

$114,200

Trulia Estimate
as of Nov 2, 2026
  • 2 Beds
  • 1 Bath
  • 1,300 sqft

465 E Water St, Kankakee, IL 60901

Home Highlights

Single-Family Home
1,300 sqft
$88/sqft

Local Information

  • Map ViewExplore the area around 465 E Water St.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Large backyardMain floor bedroom
Water Front Rental in Downtown Kankakee. This oversized 2B/1B home boasts beautiful views of the Kankakee River. Large backyard, with privacy. The main level features a large Livingroom, Kitchen, main floor bedroom and bath. The second level is the master suite with walk in closet. Rent is $1400 with a $2000 security deposit. Tenants are responsible for all utilities (water, gas, electric, trash, & sewer) lawn care, and snow removal. Minimum 1 year lease. Tenant must provide their own Washer & Dryer. ALL APPLICANTS OVER 18 MUST COMPLETE THE FOLLOWING via Zillow: application, background check, credit check, provided proof of income documentation, & Photo ID. No evictions in the past 3 years. Pets considered, previous landlord reference required. This property is available through a IL licensed realtor Brit Wilkening BHHS Speckman Realty.

Tenant pays all utilities, lawncare, and snow removal. Minimum 1 year lease. No smoking or vaping in unit. Tenant must provide their own Washer & Dryer. ALL APPLICANTS OVER 18 MUST COMPLETE THE FOLLOWING via Zillow: application, background check, credit check, provided proof of income documentation, & Photo ID. No evictions in the past 3 years. This property is available through a IL licensed realtor Brit Wilkening BHHS Speckman Realty.
465 E Water St, Kankakee, IL 60901 is a 2 bedroom, 1 bathroom, 1,300 sqft single-family home. More recently, it was listed as a rental in August 2025 with an asking price of $1,400 per month. That rental listing was removed on August 20, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $114,200, with a rent estimate of $1,358/month.

Home Details for 465 E Water St

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Interior Features

Heating & Cooling
Air ConditioningCooling System: Central Air

Exterior Features

Parking & Garage
Parking: Off Street Parking, On Site

Comparable Sales for 465 E Water St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
881 S Dearborn Ave, Kankakee, IL
0.15
Single-Family Home
$41,041
11/14/25
2
1
968 sqft
974 S Washington Ave, Kankakee, IL
0.36
Single-Family Home
$155,000
08/18/26
2
1
984 sqft
331 E Water St, Kankakee, IL
0.06
Single-Family Home
$385,000
05/27/26
3
2
2,300 sqft
485 S Rosewood Ave, Kankakee, IL
0.49
Single-Family Home
$24,000
08/28/26
2
1
760 sqft
1139 S Elm Ave, Kankakee, IL
0.55
Single-Family Home
$150,000
01/15/26
2
1
952 sqft
860 E Bourbonnais St, Kankakee, IL
0.49
Single-Family Home
$51,000
09/01/26
3
1
1,150 sqft
187 E Water St, Kankakee, IL
0.28
Single-Family Home
$311,000
08/05/26
3
2
1,550 sqft
1065 S Poplar Ave, Kankakee, IL
0.61
Single-Family Home
$163,800
02/17/26
2
1
999 sqft
1179 S 4th Ave, Kankakee, IL
0.58
Single-Family Home
$100,000
02/05/26
2
1
902 sqft
1035 S 3rd Ave, Kankakee, IL
0.48
Single-Family Home
$154,900
07/31/26
3
1
1,802 sqft

Nearby homes

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Price and Tax history

DateEventPrice
Aug 20, 2025
Source: Zillow Rentals
ListingRemoved
$1,400
Aug 11, 2025
Source: Zillow Rentals
Listed For Rent
$1,400
Jul 11, 2023
Source: Zillow Rentals
ListingRemoved
Jun 30, 2023
Source: Zillow Rentals
Listed For Rent
$1,200

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
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  • 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."
    2
    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"
    11
    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 "
    2
    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."
    1
    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. "
    1
    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

Frequently asked questions about 465 E Water St

  • What is 465 E Water St estimated to be worth?
    Trulia's estimated value for 465 E Water St in Kankakee, IL is $114,200.
  • Is Kankakee a buyer's or seller's market?
    Kankakee is currently a seller's market, based on recent for-sale activity.
  • 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.
  • What are the closest schools to 465 E Water St?
    The closest schools to 465 E Water St in Kankakee, IL are John Kennedy Middle Grade School (Elementary, rated 3/10), Kankakee High School (rated 4/10), Kankakee Junior High School (rated 4/10).
  • Does 465 E Water St have air conditioning?
    Yes, 465 E Water St in Kankakee, IL has air conditioning.
  • Does 465 E Water St have parking?
    Yes, 465 E Water St in Kankakee, IL has on-site parking.

Homes for rent near 465 E Water St

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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