397 W Chebanse Ave

Chebanse, IL 60922
  • $160,000

    Price
  • 2

    Bed
  • 2

    Bath

About the Listing 26480 - 248391

"Rare Two-Unit Investment Opportunity in Chebanse" Don't miss this hard-to-find two-unit property in Kankakee County, offering existing rental income and additional upside potential. The property features two separate 1-bedroom units, with one unit on the main level and one upstairs. The upper unit is currently tenant-occupied, giving an investor the opportunity to step into an income-producing property while improving or leasing the remaining unit. Situated on a generous corner lot approximately 60 x 200 per assessor, the property also offers a large yard, detached garage, and unfinished cellar for additional storage. With limited multi-unit inventory in the Chebanse area, this property could be an excellent addition to a rental portfolio or a potential owner-occupant investment for a buyer looking to live in one unit while generating income from the other. Property will not qualify for traditional FHA

Listing Highlights for 397 W Chebanse Ave

Status Active
Days on Site 31
Property Type Multi-Family
MLS ® 12758554
Year Built
Lot/Acreage 60x200
County Kankakee
School District 4

Interior Details

  • Bedrooms: 2
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas,Electric
  • Fireplaces:
  • Floor:
  • Basement: Unfinished,Cellar,Exterior Entry,Partial
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: 2 car
  • Parking Spaces: 8
  • Lot Dimensions: 60x200
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Yes,Garage Owned,Detached,Garage

Financial Details

  • Tax Amount: $3,104
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 132411402023
  • Tax Year: 2025

Payment Calculator

Monthly Payment

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  • in Taxes
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Listing Location

Questions About..

397 W Chebanse Ave Chebanse, IL 60922

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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