HousingHandbookReference data

U.S. ZIP Code · IL60901

Kankakee County · Kankakee, IL

Typical home value

$158,083[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.2%
5-year / yr
+6.6%
10-year / yr
+7.2%

Relative price

vs U.S.
-44.4%
vs metro
-37.0%
vs state
-17.3%
ZIP 60901 location in IL
Location of ZIP 60901 in IL

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 60901 is worth $158,083 — 37.0% below the Kankakee, IL median. Over the past year, values have risen 5.2%. Homes here rent for a typical $1,098 a month — a 8.3% gross rental yield. The effective property tax rate is 2.1%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,098[2]
Gross yield
8.3%[2]
Cap rate
5.0%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
2.1%[3]
Typical annual tax
$3,280[3]

#Climate risk

FEMA National Risk Index ratings for Kankakee County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Relatively Low

#Who lives here

Population
33,128[3]
Median household income
$58,309[3]

#Migration

Household moves in and out of Kankakee County over a year, from IRS tax-return data.

Net migration
-26[5]
Moved in
2,134
Moved out
2,160

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
14
Elementary
7
Middle
2
High
3
  • Kankakee High School

    High · Grades 9–12 · Kankakee SD 111

    1,447 students

  • John Kennedy Middle Grade School

    Elementary · Grades 2–6 · Kankakee SD 111

    515 students

  • Kankakee Junior High School

    Middle · Grades 7–8 · Kankakee SD 111

    502 students

  • Limestone Middle Sch

    Middle · Grades 5–8 · Herscher CUSD 2

    465 students

  • Proegler School

    Prekindergarten · Grades PK · Kankakee SD 111

    463 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield8.3%
Net yield (after ~40% expenses)5.0%
Annual rent$13,170

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$799
Loan principal$126,466
Down payment$31,617
Total interest paid$161,301

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.10
Monthly cost to own$1,204
Monthly rent$1,098

Owning and renting are roughly even.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
67th percentile[1]
Rental yield
100th percentile[2]
Property tax
79th percentile[3]

Frequently asked

How much is a home worth in ZIP code 60901?
The typical home in 60901 is worth $158,083, based on the Zillow Home Value Index.
Are home values rising in 60901?
Home values in 60901 are up 5.2% over the past year, and up 6.6% a year over five years.
What is the typical rent in 60901?
A typical home in 60901 rents for about $1,098 a month, a gross rental yield of 8.3%.
What is the property tax rate in 60901?
The effective property tax rate in 60901 is 2.1% — roughly $3,280 a year on a typical home.
Who lives in 60901?
ZIP code 60901 has a population of 33,128 and a median household income of $58,309.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Aroma Park, IL

    Typical home
    $147,605
    Gross yield
  • Bradley, IL

    Typical home
    $178,241
    Gross yield
  • Momence, IL

    Typical home
    $181,601
    Gross yield
  • Hopkins Park, IL

    Typical home
    $113,961
    Gross yield
  • Aroma Park, IL

    Typical home
    $214,740
    Gross yield
  • Sammons Point, IL

    Typical home
    $216,768
    Gross yield

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