1338 E Chestnut St Kankakee, IL 60901
Kankakee AreaEstimated payment $1,058/month
About This Home
Forget outdated duplexes with endless repair lists-this one has already had the work done.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.
Listing Agent
Styken Real Estate and Property Management License #471021538 Listed on: 07/20/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,271
Year Renovated
- 2025
Parking
- Off-Site Parking
Home Design
- Asphalt Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Schools
- Lincoln Cltrl Ctr-Montessori Ele Elementary School
- King Middle Grade School
- Kankakee High School
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 48x125
- Heating System Uses Natural Gas
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,136 | $20,502 | $1,226 | $19,276 |
| 2024 | $2,136 | $18,063 | $1,080 | $16,983 |
| 2023 | $2,088 | $16,092 | $962 | $15,130 |
| 2022 | $1,914 | $14,085 | $842 | $13,243 |
| 2021 | $1,807 | $12,747 | $762 | $11,985 |
| 2020 | $1,676 | $11,458 | $685 | $10,773 |
| 2019 | $1,597 | $10,658 | $637 | $10,021 |
| 2018 | $1,538 | $9,869 | $590 | $9,279 |
| 2017 | $1,722 | $9,652 | $577 | $9,075 |
| 2016 | $1,614 | $9,463 | $566 | $8,897 |
| 2015 | $1,559 | $9,657 | $578 | $9,079 |
| 2014 | $1,502 | $9,657 | $578 | $9,079 |
| 2013 | -- | $10,059 | $602 | $9,457 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/20/2026 07/20/26 | Pending | -- | -- | -- |
| 07/20/2026 07/20/26 | For Sale | $160,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $400,000 | Standard Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $223,125 | Credit Line Revolving | |
| Closed | $410,000 | Construction |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12680184
APN: 16-09-33-325-005
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Ask me questions while you tour the home.