"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

Chebanse is located in Illinois. Chebanse, Illinois has a population of 1,163. Chebanse is less family-centric than the surrounding county with 25.79% of the households containing married families with children. The county average for households married with children is 26.41%.
The median household income in Chebanse, Illinois is $75,000. The median household income for the surrounding county is $58,481 compared to the national median of $69,021. The median age of people living in Chebanse is 40.3 years.
The average high temperature in July is 84.8 degrees, with an average low temperature in January of 15.9 degrees. The average rainfall is approximately 38.5 inches per year, with 23 inches of snow per year.