Kankakee's October First-Time Homebuyer Report

Kankakee is a small city in Illinois with a median income of $35,824 per household. Besides being much less affluent than average, its population is much older than others with a median age of 32 years. The Kankakee market is almost exclusively made up of detached houses, which currently account for 97% of the homes for sale in the area. The top school in the city is Lincoln Cltrl Ctr-Montessori Elementary School.


If you'll be exploring the entertainment hotspots in Kankakee, you'll find Paramount Movie Theater and Meadowview Theatre popular choices according to Foursquare. Recommended places to eat are El Mexicano, Monical's Pizza, and Great Wall Chinese Restaurant. To top it off, one of the most popular places to get a drink is City Tavern.

Price Range

Homes in Kankakee are worth a median of $86,700, similar to other parts of Illinois. Additionally, the list prices of available homes is currently at an average of $64,054.

Out of all the listings in Kankakee, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$102K   $115K   $109K  

Typical Dwelling

The typical dwelling in Kankakee is a three-bedroom detached home worth about $69,939. To purchase a similar home, a buyer with good credit and a $13,988 cash down payment could obtain a mortgage with a 3.95% interest rate and a $347 monthly payment. The property tax rate is $18.98 per $1,000 of taxable assessed value.

Get started right now by checking out Kankakee homes for sale or reviewing Kankakee real estate trends.

Data reported through 10/13/2016


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Coldwell Banker
Snapped 1 home in this area

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