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$320,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,550 Sq. Ft.
  • 5 Car Garage
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Discover the ultimate riverfront retreat in Kankakee! This magnificent custom-built three-bedroom, two-bathroom home is situated in a stunning park-like setting on two combined lots, providing ample space for all your favorite hobbies. Car enthusiasts will love the convenience of a two-car garage plus a separate three-car garage, complete with a pit for all your projects. Imagine waking up and casting a line right from your property or easily launching your kayak down the concrete steps to the river. The house features a full unfinished basement equipped with a storm shelter and rough-in plumbing for a potential additional bathroom. The living area impresses with soaring ceilings and a cozy gas fireplace, all within an inviting open floor plan. Built in 2012, this home is a rare gem waiting for you!

Full Property Details for 187 E Water St

General

  • Price: $320,000
  • Taxes: $14,018 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12461648
  • Updated: 10/12/2025
  • Added to Site: 134 day(s) ago

Interior

  • Basement: Unfinished
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Living Room
  • Appliances: Washer, Dryer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Other Features: School Bus Service

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 5
  • Total Spaces: 5
  • Parking Features: Concrete, Garage Door Opener, Garage, On Site, Garage Owned, Attached, Detached
  • Parking On-Site: Yes

Location

  • Area: Kankakee
  • County: Kankakee
  • Township: Kankakee
  • Driving Directions: schuyler south right on water street, home on corner

School Information

  • School District: 111
  • Elem School District: 111
  • Midd School District: 111
  • High School District: 111

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Ranch
  • Architectural Style: Ranch
  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Square Feet: 1,550
  • Sq. Ft. Source: Estimated
  • Year Built: 2012

Lot Features

  • Lot Size Range: 1.0 to 1.99 Acres
  • Lot Dimensions: 170 x 300 x 182 x 250
  • Lot Features: Corner Lot
  • Zoning: SINGL

Water Features

  • Water Front: Yes
  • Water Front Desc.: River Front
  • Water Front View: Back of Property

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 2012
  • Tax Amount: $14,018
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 16170530200800

Listed by Berkshire Hathaway HomeServices Speckman Realty

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Listing agents

— 187 E Water St —

  • Berkshire Hathaway HomeServices Speckman Realty

  • Berkshire Hathaway HomeServices Speckman Realty

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 187 E Water St

School District:Kankakee School District 111
NameGradesDistance
Taft Primary School
1155 West Hawkins Street, Kankakee, IL 60901
K-31 mi
John Kennedy Middle Grade School
1550 West Calista Street, Kankakee, IL 60901
3-61 mi
Kankakee Junior High School
2250 East Crestwood Street, Kankakee, IL 60901
7-81.8 mi
Kankakee High School
1200 West Jeffery Street, Kankakee, IL 60901
9-121.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 187 E Water St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/06/2025
Price Reduced
$320,000
-5.88%
MLS
9/04/2025
Listed
$340,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 187 E Water St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,018
4%
$118,566
12%
2023
$13,506
8%
$105,627
14%
2022
$12,563
6%
$92,453
10%
2021
$11,858
8%
$83,668
11%
2020
$11,000
5%
$75,207
8%
2019
$10,484
4%
$69,960
8%
2018
$10,094
79%
$64,778
2%
2017
$5,653
-47%
$63,353
2%
2016
$10,595
4%
$62,111
-2%
2015
$10,235
—
$63,379
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 187 E Water St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Berkshire Hathaway HomeServices Speckman Realty

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187 E Water Street, Kankakee, IL 60901 (MLS# 12461648) is a Single Family property with 3 bedrooms and 2 full bathrooms. 187 E Water Street is currently listed for $320,000 and was received on September 04, 2025. Want to learn more about 187 E Water Street? Do you have questions about finding other Single Family real estate for sale in Kankakee? You can browse all Kankakee real estate or contact a Coldwell Banker agent to request more information.

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