397 E Water St, Kankakee, IL 60901 Property Records

Kankakee County property record for 397 E Water St, Kankakee, IL 60901 · Last verified August 2026

Property Highlights

Property Type	Residential > Single Family > Home
Lot Size	7,000 sqft (0.16 acres)
Occupancy	Owner Occupied
Last Sale	$130,000 (2023)
Tax Bill	$5,406.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`16-17-05-308-018`

Exterior

Lot Area	7,000 sqft (0.16 acres)

Location & Zoning

Street Address	397 E WATER ST
City	KANKAKEE
State	IL
Zip	60901-5035
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	SOUTH KANKAKEE SUB LOT 18 BLK 1 05-30-13W
Legal Subdivision	SOUTH KANKAKEE SUB
Legal Block	1
Legal Lot Number	18
Jurisdiction	KANKAKEE IL
Minor Civil Division	KANKAKEE
Census Blockgroup	2
Census Block	2019
Census Tract	12200

Owner

Source: Kankakee County records · APN 16-17-05-308-018

Assessment roll updated April 7, 2026 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on File
Mailing Address	397 E WATER ST, KANKAKEE, IL 60901-5035
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Jan 18, 2023 · Amount on Record
Deed Sale	Jan 18, 2023 · Amount on Record
Deed Doc Number	2023514
Record Refreshed	Sep 20, 2026

January 2023: Deed, Transfer

Document Type	Deed
Jurisdiction	KANKAKEE IL
Recording Date	Jan 18, 2023
Property Address	397 E WATER ST, KANKAKEE, IL 60901-5035
Document Number	0202300514
Instrument Date	Jan 09, 2023
Instrument	202300514
Transaction Type	Transfer
Record Updated	Feb 01, 2023
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$195.00
Amount Accuracy	Calculated from Tax
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	397 E WATER ST, KANKAKEE, IL 60901-5035

Mortgage

Document Number	0202300515
Date	Jan 18, 2023
Instrument	202300515

Lender

Name	FIRST TRUST BANK OF ILLINOIS
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Feb 01, 2053

Interest

Rate Type	Fixed Rate
Rate	6.75%

Tax Assessment & Valuation

Source: Kankakee County records · Assessment roll updated April 7, 2026 · Last verified August 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Kankakee County
County Subdivision	Kankakee Township
Municipality	Kankakee City
Unified School District	Kankakee School District 111 (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$5,406.00 (+13.5%)	$54,815 (+27.4%) Land $17,484 Building $37,331	$164,445 (+27.4%) Land $52,452 Building $111,993
2024	$4,763.00 (-6.92%)
2023		$43,025 Land $13,723 Building $29,302	$129,075 Land $41,169 Building $87,906
2022	$5,117.00