Real Estate Agent Jean Crosby, Designated Managing Broker and Owner

Jean Crosby, Designated Managing Broker and Owner REALTOR®

(815) 231-2900
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397 W Chebanse Avenue, Chebanse, IL 60922

$160,000
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  • 397 W Chebanse Avenue, Chebanse, IL 60922 Main Photo

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Contingent
BEDS2 BATHS2 full MLS#12758554
STATUSContingent PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 4
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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

397 W Chebanse Avenue | MLS# 12758554

This multi-family property located at 397 W Chebanse Avenue, Chebanse, IL 60922 is currently listed for sale with an asking price of $160,000. W Chebanse Avenue is located within the District 4 school district. Search Chebanse real estate on jean.bhhscrosby.com today.

Property Features

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

Local Schools

School District: District 4

Listed By / Shown By

Listed By

Agency Name: Z Realty Group
Agency Phone: 815-304-5384

Shown By

Agent Name: Jean Crosby, Designated Managing Broker and Owner
Agent Phone: (815) 231-2900
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate

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Estimated Payment

$ 661.42 per month $356.09 Principal & Interest $258.67 Property Tax $46.67 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/02/2026. The listing information on this page last changed on 11/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 11/02/2026 12:17:51 AM EST) or MRED MLS (last updated Mon 11/02/2026 12:09:04 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Sun 11/01/2026 10:16:12 PM EST) or Northern Illinois Commercial Association Realtors (last updated Sun 11/01/2026 2:10:31 PM EST). Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Crosby Starck Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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