Nothing beats a river view in your backyard--- Welcome to 327 E Water St. featuring 2 bedrooms, 1 bathroom, and waterfront views for days! Start by enjoying the feel of the outdoors by soaking up the sun and river breeze in the oversized enclosed sun porch! This leads into the spacious living/dining room offering hardwood flooring throughout, and a large slider door to access the back deck. The kitchen provides functionality and ample cabinets for storage needs. Around the corner are the two nice sized bedrooms that share a neat and tidy bathroom with a free-standing soaking tub. There is an unfinished attic space that can be used for storage or possibly finishing down the line, into a third bedroom or extra living space. The unfinished basement houses the laundry facilities and is perfect for storage. Heading outside is the real GEM! Enjoy the river view from your new deck that leads right down to the water's edge. A pad is already in place for a dock to be added, and this is located on the BOATABLE part of the river! Across the way, you will find the Frank Lloyd Wright House and views of the new Riverwalk, starting to take shape. Embrace all the boating, fishing, and local trails this waterfront property has to offer! Furnace and AC new in 2024 and newer roof too. This is the kind of view you never get tired of, so call TODAY to schedule your private showing!
Closed
$169,950
327 E Water St, Kankakee, IL 60901
2beds
1,000sqft
Single Family Residence
Built in 1925
6,098.4 Square Feet Lot
$177,600 Zestimate®
$170/sqft
$1,523 Estimated rent
Home value
$177,600
$142,000 - $222,000
$1,523/mo
Zestimate® history
Owner options
List your home for rent
$1,523/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,523/mo
Rent Zestimate®
Refinance and save
$1,274/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,274/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listing courtesy of:
Allison Ascher 815-298-4097,
Coldwell Banker Realty
Bought with:
Ashley Zalewski
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 12451345
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Flooring (Hardwood)
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12X10
Bedroom 2
- Features: Flooring (Hardwood)
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12X10
Dining room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13X11
Enclosed porch
- Features: Flooring (Other)
- Level: Main
- Area: 160 Square Feet
- Dimensions: 8X20
Kitchen
- Features: Flooring (Vinyl)
- Level: Main
- Area: 99 Square Feet
- Dimensions: 9X11
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 196 Square Feet
- Dimensions: 14X14
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Dishwasher, Refrigerator
- Laundry: In Unit
Features
- 1st Floor Bedroom, 1st Floor Full Bath
- Flooring: Hardwood
- Basement: Unfinished,Full
Interior area
- Total structure area: 1,000
- Total interior livable area: 1,000 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off Street, On Site, Owned
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- View description: Water, Back of Property
- Has water view: Yes
- Water view: Water,Back of Property
- Waterfront features: River Front, Waterfront
Lot
- Size: 6,098 sqft
- Dimensions: 50X120X50X130
- Features: Water Rights, Mature Trees
Details
- Additional structures: Shed(s)
- Parcel number: 16170530801000
- Zoning: SINGL
- Special conditions: None
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Water Rights, Curbs, Sidewalks, Street Lights, Street Paved
Location
- Region: Kankakee
HOA & financial
HOA
- Services included: None
Other
Other facts
- Has irrigation water rights: Yes
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2025 | Sold | $169,950+3%$170/sqft |
Source:  MRED as distributed by MLS GRID #12451345 Report a problem | ||
| 8/25/2025 | Contingent | $165,000$165/sqft |
Source: MRED as distributed by MLS GRID #12451345 Report a problem | ||
| 8/22/2025 | Listed for sale | $165,000$165/sqft |
Source: MRED as distributed by MLS GRID #12451345 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,823 +3.8% | $49,255 +12.2% |
| 2023 | $5,611 +7.5% | $43,880 +14.3% |
| 2022 | $5,219 +5.9% | $38,407 +10.5% |
| 2021 | $4,926 +7.8% | $34,758 +11.3% |
| 2020 | $4,570 +4.9% | $31,243 +7.5% |
| 2019 | $4,355 -7.3% | $29,063 +8% |
| 2018 | $4,696 | $26,910 +2.2% |
| 2017 | $4,696 +6.7% | $26,318 +2% |
| 2016 | $4,401 +3.5% | $25,802 -2% |
| 2015 | $4,252 | $26,329 |
| 2014 | $4,252 | $26,329 -4% |
| 2013 | -- | $27,426 -4.5% |
| 2012 | -- | $28,723 |
| 2011 | -- | $28,723 -2% |
| 2009 | $3,348 +7.7% | $29,309 |
| 2008 | $3,109 | $29,309 +21.9% |
| 2002 | -- | $24,052 +7.3% |
| 2001 | -- | $22,408 |
| 2000 | -- | $22,408 |
Find assessor info on the county website
Neighborhood: 60901
Nearby schools
GreatSchools rating
- 3/10Taft Primary SchoolGrades: K-3Distance: 1.1 mi
- 4/10Kankakee Junior High SchoolGrades: 7-8Distance: 1.6 mi
- 4/10Kankakee High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- District: 111
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Illinois
- Kankakee County
- Kankakee
- 60901
- 327 E Water St
Nearby cities
Nearby zip codes
Other Kankakee Topics
