Most Affordable ZIP Codes in Kankakee, IL (2026)
The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 60958 | Hopkins Park, IL | $124,304 | $1,017 | 6.38% | — |
| 2 | 60901 | Kankakee, IL | $165,209 | $1,249 | 5.90% | 7.2% |
| 3 | 60954 | Momence, IL | $182,421 | $1,017 | 4.35% | 6.7% |
| 4 | 60915 | Bradley, IL | $191,928 | $1,588 | 6.45% | 6.9% |
| 5 | 60961 | Reddick, IL | $262,554 | $1,404 | 4.17% | 6.1% |
| 6 | 60941 | Herscher, IL | $266,669 | $1,179 | 3.45% | 6.7% |
| 7 | 60917 | Buckingham, IL | $270,659 | $1,152 | 3.32% | 4.4% |
| 8 | 60935 | Essex, IL | $298,569 | $1,296 | 3.39% | 7.5% |
| 9 | 60940 | Grant Park, IL | $301,184 | $1,278 | 3.31% | 5.7% |
| 10 | 60914 | Bourbonnais, IL | $305,175 | $1,550 | 3.96% | 6.7% |
| 11 | 60950 | Manteno, IL | $321,268 | $1,225 | 2.97% | 6.0% |
| 12 | 60913 | Bonfield, IL | $327,061 | $1,179 | 2.81% | 6.4% |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →
Same metro, different strategy
Cash Flow in Kankakee, IL · Appreciation in Kankakee, IL
Or see the full Kankakee, IL metro profile.