$160,000
PENDING

1338 E Chestnut St Kankakee, IL 60901

Kankakee Area

Estimated payment $1,058/month

4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

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Forget outdated duplexes with endless repair lists-this one has already had the work done.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

Stephen Styck

Styken Real Estate and Property Management License #471021538 Listed on: 07/20/2026

Co-Listing Agent

Sarah Krug

Styken Real Estate and Property Management License #475214538

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,271

Year Renovated

2025

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2025
  • Actual Status: Contingent
  • SomePhotosVirtuallyStaged: No
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Year Renovated: 2025

Interior Features

  • Basement: Unfinished, None, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Walk-In Closet
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Vinyl Siding
  • ExteriorFeatures: Other
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Site

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Elementary School: Lincoln Cltrl Ctr-Montessori Ele
  • High School: Kankakee High School
  • Middle/Junior School: King Middle Grade School

Lot Info

  • Lot Dimensions: 48X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 2271
  • Tax Year: 2025
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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 -- --
Source: Midwest Real Estate Data (MRED)

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
Source: Public Records

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: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12680184

Midwest Real Estate Data (MRED)

APN: 16-09-33-325-005

Your Personal Tour Guide

Ask me questions while you tour the home.