Kankakee County offers a wide range of single family homes – historic to new build – at affordable prices. Multifamily options also are available.
Given our community’s rapid industrial growth, it has been a strategic priority of the Economic Alliance to facilitate the development of alternative housing options, including market-rate multifamily with amenities. CLICK to view the 2017 Bowen National Research Multifamily Feasibility Analysis, a study conducted for Kankakee County that substantiated the need for 837 additional one-bedroom units. A 2020 analysis by Tracy Cross & Associates forecast demand for 255 market-rate units annually across Kankakee County through 2025.
- 2017 Homeownership Rate: 68.4% (U.S. average: 63.9%)*
- 2017 Median Property Value: $140,100 (U.S. average: $217,600)*
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*Source: U.S. Census Bureau, ACS 5-year estimate