397 W Chebanse Avenue, Chebanse, IL 60922

Local realty services provided by:CENTURY 21 New Beginnings
397 W Chebanse Avenue,Chebanse, IL 60922
$160,000
  • 2 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: zaneta sanders
Office: z realty group
MLS#:12758554
Source:MLSNI

Price summary

  • Price:$160,000

About this home

"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

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Home facts

  • Listing ID #:12758554
  • Updated:September 19, 2026 at 11:00 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:7
  • Basement Description:Cellar, Partial, Unfinished

Heating and cooling

  • Heating:Electric, Natural Gas

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$160,000
  • Tax amount:$3,104 (2025)

Parking

  • Total parking spaces:8
  • Parking description:Detached Garage, Garage
  • Garage:Yes
  • Garage spaces:2
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Vivian Galarza