Kankakee, IL Real Estate

According to census data in the year 2000 there were 10,946 housing units in Kankakee. This represents a 3.8% decline from 11,380 in 1990.

Of those housing units, 10,933 were located in either urbanized areas or urban clusters, and 13 were located in what is classified as a rural area.

Homeownership rate in Kankakee is about 53.1%. Kankakee's vacancy rate, including seasonal lodging, is about 8.6%. Average household size is 2.61 people.

The majority of houses, apartments or condos in Kankakee were built after 1952.


Housing Size

Housing Units by Size
Studio Type2.10%
One Bedroom18.20%
Two Bedrooms34.80%
Three Bedrooms33.40%
Four Bedrooms9.60%
Five Bedrooms or more1.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.83
Median year structure was built1948
Median Value of occupied units$73,400
Median Price asked for vacant units$62,100

Rented Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1960
Median Monthly Rent asked for vacant units$420

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage6.60%
Home Equity Loan7%
Simple Mortgage52.20%
Debt Free34.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.2%