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$260,000
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Property Description
This unique investment opportunity features three separate homes situated on a stunning 2.41-acre lot with breathtaking views of the Kankakee River and Island View Marina. Whether you're an investor looking for rental income or a visionary ready to build your dream estate, this property offers endless potential. Home #1 features vaulted ceilings, a spacious living room, an updated kitchen with white cabinetry and stainless steel appliances, a large family room, 3 bedrooms, 1 full bath, and a 2-car attached garage. Home #2 offers 2 bedrooms, 1 full bath, and a 1-car garage, perfect for extended family or rental income. Home #3 includes a 2-car garage and is currently gutted. With ample space, serene river views, and flexible use potential, this property is ideal for redevelopment or as a multi-unit income generator. Imagine the possibilities-live in one, rent the other, or start fresh and build your dream home in this peaceful, scenic setting. Don't miss your chance to own a one-of-a-kind property with riverfront charm and investment appeal. Two of the homes could be rented and the 3rd could be a bonus room.
Full Property Details
Full Property Details for 2697 River Rd
General
- Sold For: $260,000
- Taxes: $10,524 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12442767
- Added to Site: 157 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 5
- Total Spaces: 5
- Parking Features: Garage, Yes, Garage Owned, Attached, Detached
Location
- Area: Kankakee
- County: Kankakee
- Driving Directions: River Road to Property Next to Marina
School Information
- School District: 111
- Midd School District: 111
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Well
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: None
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: 2.0 to 2.99 Acres
- Lot Dimensions: 430 x 99 x 92 x 375 x 95 x 172 x 211
- Lot Features: Views
Water Features
- Water Front: Yes
- Water Front Desc.: River Front, Waterfront
- Water Front View: Front of Property, Side(s) of Property
Financial Considerations
- Tax Amount: $10,524
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16171530503200
Listed by Wirtz Real Estate Group Inc.
Sold by Berkshire Hathaway HomeServices Speckman Realty
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Schools
Schools serving 2697 River Rd
School District:Kankakee School District 111
| Name | Grades | Distance |
|---|---|---|
Taft Primary School 1155 West Hawkins Street, Kankakee, IL 60901 | K-3 | 3.6 mi |
John Kennedy Middle Grade School 1550 West Calista Street, Kankakee, IL 60901 | 3-6 | 3.8 mi |
Kankakee Junior High School 2250 East Crestwood Street, Kankakee, IL 60901 | 7-8 | 2.3 mi |
Kankakee High School 1200 West Jeffery Street, Kankakee, IL 60901 | 9-12 | 3.5 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 2697 River Rd
Date
Details
Price
Change
Source
11/12/2025
Sold
$260,000
0.04%
MLS
9/30/2025
Price Reduced
$259,900
-13.34%
MLS
8/22/2025
Price Reduced
$299,900
-7.72%
MLS
8/11/2025
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2697 River Road, Kankakee, IL 60901 (MLS# 12442767) is a Multi-Family property that was sold at $260,000 on November 12, 2025. Want to learn more about 2697 River Road? Do you have questions about finding other Multi-Family real estate for sale in Kankakee? You can browse all Kankakee real estate or contact a Coldwell Banker agent to request more information.

