The former Girls Next Door star and Playboy Playmate gave birth to her daughter via C-section at Cedars-Sinai Medical Center in Los Angeles. Her name has yet to be revealed.
"I feel great and I am so happy," Baskett told the magazine, noting that the baby is "healthy with all 10 fingers and all 10 toes."
Wilkinson, 28, and Baskett, 31, who married in June 2009 at the Playboy mansion, welcomed son Hank Randall Baskett IV several weeks before their wedding.
Since starring in her own E! reality show Kendra, Wilkinson has appeared on Dancing with the Stars, Celebrity Wife Swap and Splash — the latter which she famously quit three episodes in. Baskett is a former NFL wide receiver.