About This Home

This 2-bedroom, 2-bathroom single family at 397 W Chebanse in Chebanse, IL is listed for $160,000. on a 0.30 acres lot.

Key Features

  • 0.30 acre lot

Property Details

2 full

Amenities

Hardwood
Listing Description

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

Monthly Cost Estimate

$856/mo

20% down · 6.5% · 30 years

Principal$116
Interest$693
Insurance$47

Estimates only. Actual payments may vary.

Location

397 W Chebanse

Chebanse, IL 60922

Property Details

Flooring

HardwoodTile

Construction

Vinyl Siding

Parking

Driveway

Questions & Answers

This 2-bedroom, 2-bathroom single family at 397 W Chebanse is listed at $160,000. The estimated monthly payment is $856 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.30 acre lot.

This property is listed by Zaneta Sanders and can be reached at 815-304-5384.

ZS

Zaneta Sanders

Agent at Z REALTY GROUP CO

(815) 304-5384

Listed by Z REALTY GROUP CO · Broker phone: 815-304-5384 · View on Broker Site

MLS# 11979598· Source: My State MLS· 7 days on PropertySimple

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

397 W Chebanse, Chebanse, IL 60922

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