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Kewanee IL Commercial Properties For Sale

The median home value in Kewanee, IL is $57,200. This is lower than the county median home value of $136,100. The national median home value is $338,100. The average price of homes sold in Kewanee, IL is $57,200. Approximately 57.66% of Kewanee homes are owned, compared to 28.26% rented, while 14.08% are vacant. Kewanee real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Kewanee real estate agent to arrange a tour today!

Learn More About Kewanee Real Estate

Statistics & facts

12,485 Population
$57,200 Medium Home Value
5,010 # of Households
14.08% Housing Vacancy
28.05% Future Job Growth
4.50% Unemployment Rate

Albert Wright Page, License B62241000, Xome Inc., License FO5635000, AlbertW.Page@xome.com, 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176


This information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2025 Des Moines Area Association of Realtors. All rights reserved.


Population

Kewanee has a population of approximately 12,485 and experiences a population change rate of -3.55%. The population density is 1,892.5 / sq mi.

Household

The median household income for Kewanee is $41,452, with 5,010 households and an average household size of 2.42.

Cost of Living

The cost of living index in Kewanee is 76.4%.

Home Value

The median value of a home in Kewanee is $57,200 with an appreciation rate of 8.9%. 57.7% of housing in the city is owned while 28.3% is rented.

Employment

The unemployment rate in Kewanee is 4.50%, and recent job growth is at -0.94%. Future job growth is projected at 28.05%.

Taxes

The sales tax rate in Kewanee is 8.25%, while the income tax rate is 4.95%.

Education

School expenditures in Kewanee are $14,792, and the school ratio is 13.7:1.

Weather

The average high temperature in July is 84.1 degrees, with an average low temperature in January of 12.9 degrees. The average rainfall is approximately 37.4 inches per year, with 23 inches of snow per year.

Education near Kewanee IL

Metric City County
High School Graduates 82.5 92.28
College Degree - 2 year 9.9 12.05
College Degree - 4 year 13.9 23.94
Graduate Degree 3.73 6.53
Expenditures per Student $14,792 $14,792
Students per Teacher 13.70 13.70

Elementary Schools near Kewanee IL

School Grades Students P/T Ratio ZIP
Annawan Grade School PK - 08 258 13.9 61234
Belle Alexander Elementary School KG - 01 291 19.1 61443
Galva Elementary School PK - 06 286 16.8 61434
Irving Elementary School 02 - 03 251 17.6 61443
Lyle School PK - PK 123 61.5 61443
Neponset Grade School PK - 08 111 10.9 61345
Wethersfield Elementary School PK - 06 317 15.8 61443

Middle Schools near Kewanee IL

School Grades Students P/T Ratio ZIP
Central Elementary School 04 - 06 360 16.3 61443
Central Junior High School 07 - 08 246 16.8 61443

High Schools near Kewanee IL

School Grades Students P/T Ratio ZIP
Annawan High School 09 - 12 122 9.2 61234
Galva Junior-Senior High School 07 - 12 267 14.1 61434
Kewanee High School 09 - 12 539 18 61443
Wethersfield Junior/Senior High School 07 - 12 300 13.6 61443

Ungraded Schools near Kewanee IL

School Grades Students P/T Ratio ZIP
* IYC Kewanee 09 - 12 105 12.3 61443
Excel Alternative Program 04 - 12 56 8 61235