The Kankakee Valley Airport Authority was formed in 1957. The location of the airport was chosen South of Kankakee in 1959. The Greater Kankakee Airport has been officially serving the Kankakee community since 1962. It is located 50 miles south of downtown Chicago and 70 miles north of Champaign, directly along Interstate 57 at the 308 exit. In 1966 the main runway was expanded, successfully attracting a commercial carrier. Air Wisconsin, Inc. began operating in 1967. Due to the commercial operations the Airport was able to build the terminal building in 1968, which is still standing today. The airport continues to serve the community though general aviation and is home to over 100 private hangars housing helicopter, singe engine aircraft, ultralights, and turbine powered aircraft.