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.
Multi-familyProperty Type
5 car garageParking
Listed by Kimberly Wirtz• Wirtz Real Estate Group Inc.
Bought with Jessica Seyden• Berkshire Hathaway HomeServices Speckman Realty
Stunning 2.41-acre lot with breathtaking views of the Kankakee River and Island View Marina. 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 appeal.
MRED as Distributed by MLS Grid #12342638
Aug 11, 2025
Listing Removed
—
Jul 23, 2025
Price Changed
*
May 16, 2025
Price Changed
*
Apr 23, 2025
Listed (Active)
*
MRED as Distributed by MLS Grid #12342644
Aug 11, 2025
Listing Removed
—
Jul 23, 2025
Price Changed
*
May 16, 2025
Price Changed
*
Apr 23, 2025
Listed (Active)
*
MRED as Distributed by MLS Grid #08233157
Jun 12, 2013
Listing Removed
—
May 14, 2013
Price Changed (Price Change)
*
Dec 11, 2012
Listed (New)
*
Year
Property tax
Land + Additions
Assessment*
2025
$11,997 (+6.7%)
$39,461 + $117,021
$156,482
2024
$11,239 (+6.8%)
$34,767 + $103,102
$137,869
2023
$10,524 (+7.6%)
$30,973 + $91,850
$122,823
2022
$9,784 (+6.8%)
$27,110 + $80,394
$107,504
2021
$9,160 (+6.4%)
$27,110 + $80,394
$107,504
2020
$8,610 (+4.8%)
$24,534 + $72,755
$97,289
2019
$8,217 (+5.3%)
$22,053 + $65,398
$87,451
2018
$7,801 (+2.1%)
$20,514 + $60,835
$81,349
2017
$7,636 (+3.0%)
$18,994 + $56,329
$75,323
2016
$7,412 (+1.5%)
$18,576 + $55,089
$73,665
2015
$7,302 (+8.3%)
$18,584 + $55,111
$73,695
2013
$6,740
$19,358 + $57,407
$76,765
Tax history for 2697 River Rd
Year
Property tax
Land + Additions
Assessment*
2025
$11,997 (+6.7%)
$39,461 + $117,021
$156,482
2024
$11,239 (+6.8%)
$34,767 + $103,102
$137,869
2023
$10,524 (+7.6%)
$30,973 + $91,850
$122,823
2022
$9,784 (+6.8%)
$27,110 + $80,394
$107,504
2021
$9,160 (+6.4%)
$27,110 + $80,394
$107,504
2020
$8,610 (+4.8%)
$24,534 + $72,755
$97,289
2019
$8,217 (+5.3%)
$22,053 + $65,398
$87,451
2018
$7,801 (+2.1%)
$20,514 + $60,835
$81,349
2017
$7,636 (+3.0%)
$18,994 + $56,329
$75,323
2016
$7,412 (+1.5%)
$18,576 + $55,089
$73,665
2015
$7,302 (+8.3%)
$18,584 + $55,111
$73,695
2013
$6,740
$19,358 + $57,407
$76,765
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
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Baths
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Stories
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Lot width
—
Lot depth
—
Lot size
2.41 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Kankakee County
APN
161715305032
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Jun 15, 2026.
R1
Single-Family Residence District
The R1 residence district regulations are designed to conserve existing good residential areas and to regulate the efficient use and orderly development of vacant land designated for residential uses. This section applies to the R1 district.
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Day care facility
Housing-Single unit
Educational/school
Recreation
Golf related
Park & open space
Aug 16, 2024 • Final
Floodplain development
Remodel
Jul 5, 2024 • Final
Residential - addition or alteration
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.