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    Kankakee, IL
    Agricultural

    Kankakee, IL Agricultural Land / Farmland for Sale

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    Bradley, IL Bourbonnais, IL St Anne, IL Chebanse, IL Manteno, IL Momence, IL Martinton, IL Pembroke Township, IL
    Farmland With Interstate Access
    Updated: Mar 27
    Farmland With Interstate Access

    40 +/- Acres I-57 Kankakee Exit 308 Riverstone Parkway, Kankakee, IL 60901

    Contact for pricing
    40 +/- Acres of agricultural land
    Currently used for row crop farming
    Zoned R‑1 by Kankakee County
    Directly across from Walmart, Tractor Supply Co., Speedway, and Taco Bell
    I‑57 access via Exit 308
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    Farm with Historic Farmhouse
    Updated: Aug 14
    Farm with Historic Farmhouse

    1978 N 2750w Rd, Kankakee, IL 60901

    $473,480
    35.60 acres, m/l, with 30.70 FSA/Eff. crop acres
    Crop acres carry a PI of 101.40
    Two‑story farmhouse built in 1890 with 3 bedrooms and 1 bathroom
    Farmhouse provides 1,650 square feet of living space
    Roof, furnace, and water heater are 10 years old
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Kankakee, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Farm Parcel with Dwelling and Outbuildings
    Farm Parcel with Dwelling and Outbuildings

    1565-b W 9000 North Road, Manteno, IL 60950

    $4,000,000
    80.00 AC lot

    An 80-acre farmland tract with a dwelling, modern outbuilding, and two additional structures for agricultural or development use.

    View details
    Farms
    Farms

    6000 N 1000 W Road SE, Bourbonnais, IL 60914

    $12,789,800

    Commercial land

    View details
    Interstate Frontage Farmland
    Interstate Frontage Farmland

    0 N 1000E Rd, Manteno, IL 60950

    Contact for pricing

    Agricultural acreage with paved county-road access and direct I-57 right-of-way frontage.

    View details
    Farms
    Farms

    6000 N 1000 W Road, Bourbonnais, IL 60914

    $56,000

    Agricultural land / Farmland

    View details

    Kankakee, IL Agricultural Land / Farmland Market Trends and Statistics

    Explore 2 agricultural land / farmland for sale in Kankakee, IL on our real estate platform.

    Sale prices for farmlands in Kankakee, IL average $473,480 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 33K
    Population Growth (5Y) -6.4%
    Median Household Income $54,557
    College Educated 22.6%

    High-Yield Neighborhoods for Investment

    Identify Kankakee submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60901 $473.5K

    Taxes & Financing

    Tax Rate (average for all types) 11.80%
    Tax Rate vs County Average 2.50 pp above county avg
    Average Loan-to-Value 65.0%

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