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.
Closed
$260,000
2697 River Rd, Kankakee, IL 60901
5beds
--sqft
Multi Family
Built in ----
-- sqft lot
$270,200 Zestimate®
$--/sqft
$1,741 Estimated rent
Home value
$270,200
$216,000 - $338,000
$1,741/mo
Zestimate® history
Owner options
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$1,741/mo
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$1,741/mo
Rent Zestimate®
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$1,910/mo
Est. payment
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$1,910/mo
Est. payment
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List your homeWhat's special
Serene river viewsLarge family roomVaulted ceilings
Zillow last checked:
Listing updated:
Listed by:
Kim Wirtz, ABR,CRS,e-PRO 708-516-3050,
Wirtz Real Estate Group Inc.
Bought with:
Jessica Seyden
Berkshire Hathaway HomeServices Speckman Realty
Source: MRED as distributed by MLS GRID,MLS#: 12442767
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: None
Property
Parking
- Total spaces: 5
- Parking features: Garage, Yes, Garage Owned, Attached, Detached
- Attached garage spaces: 5
Features
- Has view: Yes
- View description: Water, Front of Property, Side(s) of Property
- Has water view: Yes
- Water view: Water,Front of Property,Side(s) of Property
- Waterfront features: River Front, Waterfront
Lot
- Dimensions: 430X99X92X375X95X172X211
- Features: Views
Details
- Parcel number: 16171530503200
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Location
- Region: Kankakee
Financial & listing details
- Tax assessed value: $413,607
- Annual tax amount: $10,524
- Date on market: 8/11/2025
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 11/12/2025 | Sold | $260,000+0% |
Source:  MRED as distributed by MLS GRID #12442767 Report a problem | ||
| 10/20/2025 | Pending sale | $259,900 |
Source: MRED as distributed by MLS GRID #12442767 Report a problem | ||
| 9/30/2025 | Price change | $259,900-13.3% |
Source: MRED as distributed by MLS GRID #12442770 Report a problem | ||
| 8/22/2025 | Price change | $299,900-7.7% |
Source: MRED as distributed by MLS GRID #12442770 Report a problem | ||
| 7/24/2025 | Price change | $325,000-7.1% |
Source: MRED as distributed by MLS GRID #12342638 Report a problem | ||
| 5/16/2025 | Price change | $349,900-16.7% |
Source: MRED as distributed by MLS GRID #12342638 Report a problem | ||
| 4/23/2025 | Listed for sale | $420,000+64.8% |
Source: MRED as distributed by MLS GRID #12342644 Report a problem | ||
| 6/12/2013 | Listing removed | $254,900 |
Source: McColly Real Estate #08233157 Report a problem | ||
| 5/15/2013 | Price change | $254,900-5.6% |
Source: McColly Real Estate #08233157 Report a problem | ||
| 12/12/2012 | Listed for sale | $269,900 |
Source: McColly Real Estate #08233157 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,239 +6.8% | $137,869 +12.3% |
| 2023 | $10,524 +7.6% | $122,823 +14.2% |
| 2022 | $9,784 +6.8% | $107,504 +10.5% |
| 2021 | $9,160 +6.4% | $97,289 +11.2% |
| 2020 | $8,610 +4.8% | $87,451 +7.5% |
| 2019 | $8,217 +7.6% | $81,349 +8% |
| 2018 | $7,636 | $75,323 +2.3% |
| 2017 | $7,636 +3% | $73,665 +2% |
| 2016 | $7,412 +1.5% | $72,221 -2% |
| 2015 | $7,303 | $73,695 |
| 2014 | $7,303 | $73,695 -4% |
| 2013 | -- | $76,765 -4.5% |
| 2012 | -- | $80,394 |
| 2011 | -- | $80,394 -2% |
| 2009 | $5,717 +2.5% | $82,035 +2% |
| 2008 | $5,576 | $80,427 +46.6% |
| 2002 | -- | $54,846 |
| 2001 | -- | $54,846 |
| 2000 | -- | $54,846 |
Find assessor info on the county website
Neighborhood: 60901
Nearby homes
- $342,200-- bd-- ba-- sqft2675 River Rd, Kankakee, IL 60901Off Market
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- $209,9991 bd1 ba1k sqft2657 River Rd, Kankakee, IL 60901Sold
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Nearby schools
GreatSchools rating
- 4/10King Middle Grade SchoolGrades: 3-6Distance: 2.7 mi
- 4/10Kankakee Junior High SchoolGrades: 7-8Distance: 2.3 mi
- 4/10Kankakee High SchoolGrades: 9-12Distance: 3.5 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.
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- Illinois
- Kankakee County
- Kankakee
- 60901
- 2697 River Rd
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