1338 E Chestnut Street Kankakee, IL $ 160,000
1338 E Chestnut Street
$ 160,000
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1338 E Chestnut Street

Kankakee, IL, 60901
$ 160,000
Bedrooms4 Baths2.0 Sq 2,240

Monthly Estimate*

$ 1,010

1338 E Chestnut Street, Kankakee, IL 60901 - Image 1
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1338 E Chestnut Street, Kankakee, IL 60901 - Image 10

Multi-Family Home for sale in Kankakee, IL

for $160,000 with 4 bedrooms and 2 full baths. This home is 2,240 square feet.

Forget outdated duplexes with endless repair lists-this one has already had the work done.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.

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Multi-Family Contingent

Price

$ 160,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,271

Style

Town/City

Kankakee

County/Region

Kankakee

MLS | Web ID

12680184

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Tenant's Rights
Roof Asphalt
Construction Materials Vinyl Siding
Township Kankakee
Tax Year 2025
Ownership Fee Simple
County Kankakee
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 6
Status Contingent
Directions I-57S Exit 312 turn right on Court St turn right on Taylor St turn right on E Chestnut St house will be on the right hand side
High School Kankakee High School
City Kankakee
High School District 111
MLS Area Kankakee
Elementary School Lincoln Cltrl Ctr-Montessori Ele
Tax Annual Amount 2271
Middle/Junior High School King Middle Grade School
Standard Status Active Under Contract
Middle/Junior School District 111
Elementary School District 111
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Interior
Basement Unfinished None Full
Total Bedrooms 4
Total Baths 2
Bedrooms Possible 4
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Exterior Amenities Other
Parking Features Off Site
Water Source Public
Total Parking 0
Lot Dimensions 48X125
Waterfront Y/N N
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* Excluded Features
List By
Styken Real Estate And Property Management

Broker

steve@styken.com

Email

Affordability Calculator

$1,200
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,010
Monthly Property Taxes
$189
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5524772 Elementary School
5524773 Middle School
Kankakee High School High School
Pricing History
DatePricePrice ChangeDescription
7/23/2026$160,000 Listed Price

Map


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1338 E Chestnut Street, Kankakee, IL, 60901 is a Multi-Family Home for sale at $160,000 with 2,240 sqft. 1338 E Chestnut Street has 4 bedrooms and 2.0 baths. The property's zip code is 60901 which is in Kankakee, IL