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    Kankakee, IL Residential Land & Home Lots for Sale

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    Bradley, IL Bourbonnais, IL Aroma Park, IL
    Vacant Lot Ready For Future
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    0.13 Acres
    Vacant Lot Ready For Future

    1441 E Oak Street, Kankakee, IL 60901

    Vacant lot zoned R1 with utilities, close to I-57.
    • Zoned R1, allowing for residential development
    • Utilities to property reduce initial development costs
    • Vacant lot ready for immediate development
    • Close to I‑57, providing easy access to transportation
    • Priced cheap, an attractive investment opportunity
    Updated: May 23
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    Residential Land in Kankakee, IL
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    0.16 Acres
    Residential Land in Kankakee, IL

    1208 Arapaho Way, Kankakee, IL 60901

    Land for new home construction near downtown Kankakee, Illinois.
    • Located in the desirable Herscher school district.
    • Close to downtown Kankakee.
    • Near shopping centers for convenient errands.
    • Proximity to river parks and recreational opportunities.
    • Convenient access to hospitals.
    Updated: Feb 26
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    Residential Lot in Kankakee, IL
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    Residential Lot in Kankakee, IL

    Vacant residential lot suitable for building a home or investment property.

    215 N Rosewood Avenue, Kankakee, IL 60901

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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.

    Residential Land in Essex, IL
    $40,000
    1.50 Acres
    Residential Land in Essex, IL

    1.5 acre residential land available in Essex, Illinois.

    161 Essex Way, Essex, IL 60935

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    Pembroke Twp Land For Sale
    $37,900
    1.17 Acres
    Pembroke Twp Land For Sale

    Residential land available in Pembroke Twp, Illinois.

    12977 E 2310s Road lot: 26, Pembroke Twp, IL 60958

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    Land in Pembroke Twp, IL
    Contact for pricing
    Land in Pembroke Twp, IL

    Residential land available in Pembroke Twp, Illinois.

    16211 E 5480 Road, Pembroke Twp, IL 60958

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    Residential Land in Essex Landing
    $36,000
    1.20 Acres
    Residential Land in Essex Landing

    1.2 acre residential lot in Essex Landing subdivision.

    245 Essex Way lot: 25, Essex, IL 60935

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    Kankakee, IL Residential Land & Home Lots Investment Opportunities Market Analysis

    Explore 3 residential land & home lots for sale in Kankakee, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $48,000.

    Sale prices for home sites in Kankakee, IL start at $6,000, averaging $16,000, and reaching up to $27,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 4
    Residential land & home lots 3

    Demographics Overview

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

    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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