397 W Chebanse Avenue

Chebanse, IL 60922

"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 Courtesy of MRED as distributed by MLS Grid of Z Realty Group



Based on information submitted to the MLS GRID as of 2026-09-30 06:47 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-09-30 06:47 PM UTC
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