LKV Realty
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$379,900
$1,900Reward *
28542 S Walleye Lane, Wilmington, IL 60481Listing ID 12700640

28542 S Walleye Lane, Wilmington, IL 60481

Active
Wilmington
Last updated: 16 hours ago
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
2
Bathrooms
Bathrooms
1
Square Feet
Square Feet
1,386
Acres
Acres
0.52
Cooling
Cooling
Central Air
Heating
Heating
Natural Gas
Year Built
Year Built
1969
Garages
Garages
4
Parking
Parking
Gravel, Garage, Yes, Garage Owned, Detached

A RARE KANKAKEE RIVER OFFERING! Tucked away in the well-known Phelan Acres river community, this one-of-a-kind waterfront property delivers a combination that is increasingly difficult to find: direct channel access to the Kankakee River, a private boat ramp, an impressive four-car detached garage and workshop, and more than half an acre surrounded by nature. Ideally positioned near the end of a quiet, dead-end street, the property enjoys the best of both worlds. On one side, the channel connects you to miles of boating, fishing, kayaking, and river recreation. On the other, a tree-lined cornfield creates a peaceful country backdrop where deer, pheasants, and other wildlife are frequent visitors. The established Phelan Acres neighborhood completes the setting, providing the feeling of a private retreat without being completely removed from the community. Whether you envision launching your boat from your own property, fishing just steps from your door, spending quiet evenings around a fire, or simply enjoying the scenery, this location offers a lifestyle few properties can match. The move-in-ready two-bedroom, one-bath cottage has been extensively updated while retaining its warm, inviting character. A spacious living room is centered around a beautiful brick fireplace-the perfect gathering place after a day on the river. The completely remodeled bathroom features an oversized tiled walk-in shower, quartz vanity, and modern fixtures. In the kitchen, timeless solid-wood cabinetry is complemented by beautiful new granite countertops, providing abundant storage and workspace. New luxury vinyl plank flooring flows throughout the home, while both bedrooms offer generously sized closets. A convenient laundry room with its own exterior entrance adds everyday functionality. Nearly every major infrastructure improvement has already been completed, including an entirely new plumbing system, new plumbing fixtures, new water heater, new pressure tank, new electrical service panel in the home, and new electrical panel and wiring in the detached garage. The property also features a private deep well with excellent water quality, a private septic system, and a newer natural-gas furnace, central air-conditioning system, and roof. All the heavy lifting has been done-simply move in and begin enjoying the property. Another exceptional feature is the approximately 1,250-square-foot detached four-car garage and workshop. With room for boats, trailers, classic cars, ATVs, motorcycles, recreational equipment, woodworking, hobbies, or an expansive workshop, this building is an incredible asset rarely found with a river property. Its brand-new electrical service adds even more versatility for projects, equipment, and year-round use. The spacious 0.52-acre corner lot provides abundant room for parking, entertaining, outdoor recreation, and storing the toys that make river living so enjoyable. Perfect as a full-time residence, weekend escape, sportsman's retreat, or recreational getaway, this is much more than a remodeled home-it is an opportunity to own a truly distinctive piece of the Kankakee River lifestyle. Properties offering this combination of private river access, a personal boat ramp, natural surroundings, substantial land, and an oversized garage are few and far between. Move in and start enjoying summer on the river!

Property Information

Property Details

Location

Address
28542 S Walleye Lane
County
Will
City
Wilmington
Zip Code
60481
Subdivision
Wilmington
School District
209U
High School
Wilmington High School
Elementary School
Bruning Elementary School
MLS Area
Wilmington

Interior Features

Beds and Baths

Bedrooms
2
Full Bathrooms
1

Building

Building Information

Square Feet
1,386
Year Built
1969
Construction
Vinyl Siding
Foundation
Block
Roof
Asphalt

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$3,668
Tax Year
2025

Homeowner Association

HOA Fee
$165
HOA Fee Frequency
Quarterly
HomeSmart Realty Group, (708) 320-0002

Market Report for 60481

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 15 Aug 2026, 12:42 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD218522