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 123 single family homes for sale with an average list price of $196,144.43, 1 townhouse for sale with a list price of $88,000, 1 condo for sale with a list price of $72,987, and 40 lots for sale with an average list price of $74,760.48. The average annual property tax for Kankakee is $3,567.35.

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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 $360,000 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 with Master Bedrooms on the 1st Floor in Kankakee: July 26th to August 1st

New Homes with Master Bedrooms on the 1st Floor in Kankakee: July 26th to August 1st - August 2, 2025

Kankakee had 7 new homes for sale with a master bedroom on the first floor during the month of Saturday, July 26 to Friday, August 1, including 7 single ... continue reading
New Homes For Sale This Week in Kankakee: July 25th to July 31st

New Homes For Sale This Week in Kankakee: July 25th to July 31st - August 1, 2025

Kankakee had 8 new homes for sale during the week of Friday, July 25 to Thursday, July 31, including including 8 single family homes for sale with an average list ... continue reading
Homes Just Sold in Kankakee: July 22nd to July 28th

Homes Just Sold in Kankakee: July 22nd to July 28th - July 29, 2025

Kankakee had 5 sales during the week of Tuesday, July 22 to Monday, July 28, including including 5 single family homes for sale with an average list price of $159,959.80. $64,900 746 ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Kankakee: July 19th to July 25th

New Homes with Master Bedrooms on the 1st Floor in Kankakee: July 19th to July 25th - July 26, 2025

Kankakee had 7 new homes for sale with a master bedroom on the first floor during the month of Saturday, July 19 to Friday, July 25, including 7 single ... continue reading
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
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