Kankakee, IL
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Kankakee short-term rental market based on reliable data.
Listings
67 / 135
Reliable / Active
Cap Rate
22%
Middle-Earners Gross Yield
Revenue
$31,733
Middle-Earners Revenue
Occupancy
62%
Middle-Earners Occupancy
Home Value
$144,313
Median Home Sale Price
Top Earners
$47,430
Top-Earners Revenue
Kankakee
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Kankakee.
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Generally Investor friendly
Kankakee Regulations
Explicitly permitted with simple digital licensing and low fees ($65 base), no apparent caps, and support for variances; however, property-level CUPs or parking variances, inspections, and a local-agent requirement add layers, and enforcement consistency is noted as inconsistent across dispersed code sections.
Local STR Agent
STR specialist · Kankakee, IL
About Kankakee
Kankakee ( KANG-kə-KEE) is a city in and the county seat of Kankakee County, Illinois, United States. Located on the Kankakee River, as of 2020, the city's population was 24,052. Kankakee is a principal city of the Kankakee-Bourbonnais-Bradley Metropolitan Statistical Area. It serves as an anchor city in the rural plains outside Chicago.