Kankakee, IL, Real Estate

Kankakee, Illinois, is a vibrant city located about 60 miles south of Chicago along the banks of the Kankakee River. With a population of roughly 26,000, it serves as the county seat of Kankakee County and offers a mix of small-town charm and rich history. The city is known for its scenic riverfront, historic architecture like the Frank Lloyd Wright-designed B. Harley Bradley House, and a strong agricultural heritage. Kankakee features a diverse community, with attractions such as the Kankakee River State Park, perfect for fishing, hiking, and kayaking, and a lively downtown hosting farmers' markets and festivals. Its proximity to Chicago, combined with affordable living and a welcoming atmosphere, makes Kankakee an appealing destination for families and visitors seeking a blend of nature and culture.

Kankakee currently has 126 single family homes for sale with an average list price of $194,918.67, 1 townhouse for sale with a list price of $90,000, 2 condos for sale with an average list price of $136,493, and 40 lots for sale with an average list price of $74,760.48. The average annual property tax for Kankakee is $3,563.88.

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Absorption Report

Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Kankakee, i.e. what's hot and what's not.

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Recent Sales

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Indian Meadows

Indian Meadows is a townhouse and single-family home community in Kankakee, Illinois, built between 2008 and 2024. It currently has 1 single family home for sale with a list price of $389,900 and 1 lot for sale with a list price of $24,000. The homes range in size from 1,640 ft2 to 2,120 ft2. The average annual property tax for Indian Meadows is $9,155.85. It is located in Kankakee County. ... Read more

Subdivisions

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Nearby Golf Courses

Kankakee Country Club

2011 Cobb Blvd, Kankakee, IL 60901
Par 70 • 70 holes • 5745 yards

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Real Estate News

New Homes For Sale This Week in Kankakee: July 18th to July 24th

New Homes For Sale This Week in Kankakee: July 18th to July 24th - July 25, 2025

Kankakee had 17 new homes for sale during the week of Friday, July 18 to Thursday, July 24, including including 12 single family homes for sale with an average list ... continue reading
Homes Just Sold in Kankakee: July 15th to July 21st

Homes Just Sold in Kankakee: July 15th to July 21st - July 22, 2025

Kankakee had 9 sales during the week of Tuesday, July 15 to Monday, July 21, including including 8 single family homes for sale with an average list price of $245,985.88 ... continue reading
New Foreclosures & Short Sales in Kankakee: July 14th to July 20th

New Foreclosures & Short Sales in Kankakee: July 14th to July 20th - July 21, 2025

Kankakee had only 1 new foreclosure and/or short sale during the week of Monday, July 14 to Sunday, July 20, and it was a single family home for sale with ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Kankakee: July 12th to July 18th

New Homes with Master Bedrooms on the 1st Floor in Kankakee: July 12th to July 18th - July 19, 2025

Kankakee had 9 new homes for sale with a master bedroom on the first floor during the month of Saturday, July 12 to Friday, July 18, including 9 single ... continue reading
New Homes For Sale This Week in Kankakee: July 11th to July 17th

New Homes For Sale This Week in Kankakee: July 11th to July 17th - July 18, 2025

Kankakee had 16 new homes for sale during the week of Friday, July 11 to Thursday, July 17, including including 14 single family homes for sale with an average list ... continue reading
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