1502 Island Boulevard, Lowell, IN 46356

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 $299,000

  • 2 BedroomBedrooms
  • 2 BathroomBathrooms
  • 1,480 Sq.Ft.
  • Single Family
  • Active
  • MLS# 844296
  • Floor Plan
  • Sold On
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KANKAKEE RIVER WATERFRONT RETREAT COMPLETELY REBUILT & TURNKEY! This exceptional 2-bedroom, 2-bath waterfront home has been completely rebuilt by the owners, transforming it into a beautiful and unique riverfront retreat. Currently operating as a high-producing Airbnb with EVERYDAY BOOKED FOR THE NEXT 6 MONTHS. This property offers the rare opportunity to purchase an established income-producing waterfront home that can also be enjoyed personally. Situated at the end of a quiet street, this 1,480sq/ft home offers direct access to the Kankakee River and is surrounded by more than 30,000 acres of public land, wildlife areas and nature preserves. ALL furniture, appliances, decor, kitchenware, games, televisions and contents are negotiable...Inside, the home features a charming 2-story layout with a full kitchen, dining room, living room, playroom area and full bath on the main level. Upstairs are two spacious bedrooms, each featuring a mezzanine with beautiful river views, plus access to a large balcony and a second full bath. One bedroom offers a king-size bed, while the second includes a queen bed and two twin beds. The home's distinctive retro-inspired design gives it exceptional personality and character...Outdoor living is where this property truly shines. Enjoy your morning coffee overlooking the river, fish from the private dock, gather around the fire pit, relax on the deck or take in the scenery from the expansive upstairs balcony. The Kankakee River provides endless opportunities for kayaking, canoeing, paddleboarding, boating, tubing and fishing, with a rebuilt public boat launch just blocks away. The surrounding area also offers exceptional opportunities for hiking, wildlife watching, fishing and hunting...Additional features include a 9 x 18 storage shed, paved driveway, carport, fireplace, multiple entertaining areas and low taxes. The home is fully furnished making this a TRUE WATERFRONT TURNKEY OPPORTUNITY.

Property Details 1502 Island Boulevard, Lowell, IN 46356

  • On Market Date: 08/25/2026
  • Year Built: 1957
  • Sq. Ft.: 1,480
  • MLS#: 844296
  • Type: Single Family
  • Status: Active
  • Lot Size: 5,358
  • Price: $299,000
  • City: Lowell
  • State: IN
  • Zip: 46356
  • County: Lake
  • Price Per Sq Ft: $202
  • Development: NO
  • Date Last Updated: 10/04/2026
  • Property tax: $1,499

Bedrooms

  • Beds: 2

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Basement: NO
  • Pool: NO
  • No. of Fireplaces: 1
  • Water: Well
  • Sewer: Septic Tank
  • Heating: Central, Forced Air
  • Cooling: Central Air

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