397 W Chebanse AVE, Chebanse, IL 60922
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397 W Chebanse AVE, Chebanse, IL 60922
397 W Chebanse AVE, Chebanse, IL 60922
397 W Chebanse AVE, Chebanse, IL 60922
397 W Chebanse AVE, Chebanse, IL 60922
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Samuel Stella

Samuel Stella

+1(224) 426-4652
$ 160,000
Est. payment /mo
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Active

397 W Chebanse AVE Chebanse, IL 60922

2 Beds

2 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12758554

Bedrooms 2

Annual Tax Amount $3,104

Tax Year 2025

Lot Dimensions 60x200

Property Sub-Type Two to Four Units

Property Description

"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

Location

State IL

County Kankakee

Area Chebanse

Rooms

Basement Unfinished, Cellar, Exterior Entry, Partial

Interior

Heating Natural Gas, Electric

Fireplace N

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding, No

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

School District 4 , 4, 4

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Zaneta Sanders of  Z Realty Group 

NEARBY SCHOOLS & PROPERTIES

Samuel Stella

Samuel Stella

Designated Managing Broker / Owner License ID: 471.021016

+1(224) 426-4652

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397 W Chebanse AVE

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