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Main Photo
Main Photo

397 W Chebanse Avenue Chebanse, IL 60922

$160,000
New / MLS# 12758554 / Multi Unit - Multiple / Chebanse
2 Beds
2 Baths

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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Estimated Payment

$ 717.03 per month $411.70 Principal & Interest $258.67 Property Tax $46.67 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Cellar, Exterior Entry, Partial
Garage: 2
Heating: Natural Gas, Electric
Lot Size: 0.28 Acres
Taxes: $3,104

Feature Descriptions

Exterior: Vinyl Siding
Lot Dimensions: 60x200
Parcel#: 132411402023
Parking: Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 7
Township: Chebanse
Water: Public

Schools

School District: District 4

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

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Listing Office: Z Realty Group

Listing Office Phone: 815-304-5384



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