About This Home

This 2-bedroom, 1-bathroom single family at 28542 S Walleye Lane in Wilmington, IL is listed for $389,900 ($281 per sqft). Built in 1969, the home offers 1,386 sqft of living space on a 0.52 acres lot.

Key Features

  • Built in 1969
  • 0.52 acre lot
  • 4 parking spaces
  • Fireplace
  • Waterfront

Property Details

1 story
1 full
4 spaces
1969

Amenities

FireplaceWaterfrontViewA/C
Listing Description

Located in the well-known Phelan Acres river community, this move-in-ready waterfront retreat offers the perfect blend of recreation, relaxation, and modern comfort. Featuring your own private boat ramp with direct channel access to the beautiful Kankakee River, this charming two-bedroom, one-bath cottage is ideal for boating, fishing, kayaking, hunting, or simply escaping to the peace and quiet of river living.

Tucked away on a spacious 0.52-acre corner lot near the end of a dead-end street, you'll enjoy beautiful channel views on one side of the property and picturesque open fields on the other, where deer, pheasants, and other wildlife are frequent visitors.

Inside, the home has been extensively updated and is truly move-in ready. The spacious living room is centered around a beautiful brick fireplace, creating the perfect place to gather after a day on the river. The completely remodeled bathroom features an oversized tiled walk-in shower, quartz vanity, and modern fixtures, while the kitchen combines

timeless solid wood cabinetry with beautiful new granite countertops, offering abundant storage and workspace. New luxury vinyl plank flooring flows throughout the home, complemented by spacious bedroom closets and a convenient laundry room with its own exterior entrance.

Extensive recent improvements provide exceptional peace of mind, including an entirely new plumbing system, new plumbing fixtures, new water heater, new pressure tank, new electrical service panel in the home, new electrical panel and wiring in the detached garage, private deep well with excellent water quality, private septic system, and newer natural gas furnace, central air conditioning, and roof.

Nearly every major infrastructure improvement has already been completed, allowing you to simply move in and start enjoying the property. A true standout feature is the impressive detached garage and workshop offering approximately 1,250 square feet of versatile space.

Whether you need room for boats, trailers, classic cars, ATVs, motorcycles, recreational equipment, woodworking, hobbies, or a serious workshop, this exceptional building is ready to accommodate it all. With its own brand-new electrical service, it provides endless possibilities for storage, projects, or business use.

Combined with the generous half-acre lot, there is ample space for parking, entertaining, and enjoying everything this unique property has to offer. Whether you're searching for a full-time residence, a weekend getaway, or the ultimate river retreat, opportunities like this are few and far between. Move in just in time to enjoy summer on the Kankakee River!

Monthly Cost Estimate

$2,250/mo

20% down · 6.5% · 30 years

Principal$282
Interest$1,690
Insurance$114
HOA$165

Estimates only. Actual payments may vary.

Location

28542 S Walleye Lane

Wilmington, IL 60481

Features & Amenities

Interior Features

Granite Counters

Exterior Features

Outdoor Grill

Property Details

Flooring

Vinyl

Construction

Vinyl Siding

Views

Water

Pool Features

Deck

Parking

Garage

Heating

Natural Gas

Cooling

Central Air

Appliances

RangeMicrowaveRefrigerator

Questions & Answers

This 2-bedroom, 1-bathroom single family at 28542 S Walleye Lane is listed at $389,900 ($281/sqft). The estimated monthly payment is $2,251 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $165/month.

Key features include: Built in 1969, 0.52 acre lot, 4 parking spaces, Fireplace, Waterfront. Interior Features: Granite Counters. Exterior Features: Outdoor Grill.

This property is listed by Marlene Carlson and can be reached at (708) 710-3828.

MC

Marlene Carlson

Agent at HomeSmart Realty Group

(708) 710-3828

Listed by HomeSmart Realty Group · View on Broker Site

MLS# 12700640· Source: listhub· 2 days on market

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

28542 S Walleye Lane, Wilmington, IL 60481

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