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Active Under ContractMLS #: 126801841 / 10Get an accurate number
Active Under ContractMLS #: 126801841 / 104 Beds
$160,000
1338 E Chestnut Street, Kankakee IL, 60901
Est. payment: $1,036/mo · 20% down, 30-year fixed at 6.95%, principal, interest, and taxes per the listing
Property type
Two to Four Units
Listed by Stephen Styck with Styken Real Estate and Property Management
Questions about this home: Nick Rife, Rife Realty, (815) 258-1471 or Nick@RifeRealty.com
Overview
Forget outdated duplexes with endless repair lists-this one has already had the work done.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.
Location
1338 E Chestnut Street, Kankakee IL, 60901
- Township
- Kankakee
- County
- Kankakee
- Area
- Kankakee
Interior
- Bedrooms
- 4
- Total rooms
- 6
- Basement
- Unfinished, Full
- Heating
- Natural Gas
Exterior and lot
- Construction
- Vinyl Siding
- Roof
- Asphalt
- Exterior features
- Other
- Lot size
- Less Than .25 acres (48X125)
- Parking
- Off Site
- Total parking
- 0
- Sewer
- Public Sewer
- Water
- Public
Schools
- Elementary
- Lincoln Cltrl Ctr-Montessori Ele
Listing details
- MLS number
- 12680184
- Status
- Active Under Contract
- Property type
- Two to Four Units
- Town
- Kankakee
- ZIP
- 60901
- Updated
- Jul 22, 2026
Estimate your payment
Term, years
Your monthly payment will be
$1,036
Principal, interest, and estimated taxes.
Loan $128,000 Down $32,000
- Principal and interest
- $847
- Property taxes (2025, per the listing)
- $189
Ballpark estimated payments for planning. Not a quote or a preapproval.
What this estimate includes
Principal, interest, and property taxes: the listing's reported bill when MRED has one, otherwise an estimate from typical corridor rates. Insurance and any PMI are not included, and this is not an offer of credit. Your real number depends on your credit, the lender, and the property.
Talk to Nick and he will connect you with one of his preferred lenders for a real figure.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Sep 22, 2026, 1:55 AM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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