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1338 E Chestnut Street Kankakee, IL 60901 Multi Unit - Multiple Contingent

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Description

Forget outdated duplexes with endless repair lists-this one has already had the work done. Completely transformed in 2025, this two-unit property delivers the modern finishes today's tenants are looking for while giving investors the confidence of a recently renovated asset. Each spacious 2-bedroom, 1-bath unit has been thoughtfully updated with luxury vinyl plank flooring, plush new carpeting, stylish custom soft close cabinetry, sleek granite countertops, and brand-new appliances. The main-floor unit offers an open-concept kitchen and living area with generously sized bedrooms and impressive closet space, while the upper unit mirrors the same fresh, contemporary design, creating two highly desirable rental opportunities. From the brand-new front porch, new HVAC, electrical, breakers, updated plumbing, new roof, siding, newer vinyl windows, to the move-in-ready interiors, every detail has been refreshed so you can focus on building your portfolio instead of planning renovations. Whether you're an experienced investor looking for your next cash-flowing property or a first-time buyer interested in living in one unit while you rent the other, this duplex offers flexibility, style, and long-term value. Two remodeled units. One smart investment. Countless possibilities.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 4
Bathrooms: 2
County: Kankakee
High School: Kankakee High School
Listed By:
Styken Real Estate and Property Management 815-781-8060
MRED MLS
$160,000
Est. $1,122/mo
4beds
2baths
New to the Market Contingent
BEDS4 BATHS2 full MLS#12680184
STATUSContingent PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 111

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1338 E Chestnut Street , Kankakee, IL 60901.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $160,000$160,000$160,000
Down Payment $32,000$5,600$40,000
Monthly Mortgage Amount $799$967$996
Taxes $223$223$223
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$70$0
Monthly Estimated Total $1,122$1,360$1,319

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