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Remodeled Two-Unit Duplex
For Sale
$160,000
Pending

1338 East Chestnut Street, Kankakee, IL 60901

Updated interiors and building systems create two contemporary rental units with flexible owner-occupant potential.

Property Size2,240 SF
Days on Market21

Property Features for 1338 East Chestnut Street

General Information

Standard status Pending
Size 2,240 SF
Property subtype Two to Four Units / 2 Flat

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,271

Building Details

Year Renovated 2025
Listing Agency: Styken Real Estate and Property Management
Listed By: Stephen Styck · License #471021538
Source: Compass
Added: Jul 20 Changed: Aug 6 Last Checked: Aug 6 at 2:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Styken Real Estate and Property Management

Investment Insights

Based on property information with market context.

This 2,240-square-foot duplex at 1338 East Chestnut Street includes two remodeled apartments, each with 2 bedrooms and 1 bath. Both units feature luxury vinyl plank flooring, new carpeting, custom soft-close cabinetry, granite countertops, and new appliances. The main-level apartment has an open kitchen and living area, spacious bedrooms, and substantial closet storage; the upper unit follows the same contemporary finish package.

Renovation work completed in 2025 includes a new front porch, HVAC system, electrical service and breakers, updated plumbing, roof, and siding. The property also has newer vinyl windows and move-in-ready interiors. Its two-unit layout supports separate rental use or an owner-occupant arrangement with one apartment available for rent.

Key Highlights

  • 2,240‑square‑foot duplex with two 2‑bedroom, 1‑bath units
  • Extensive renovation completed in 2025
  • New roof, siding, HVAC, electrical, breakers, and updated plumbing

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Pharmacy Garden Center (Bike/Boat/Book/etc) Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,177
Businesses Nearby

Demographics for 60901, IL

33,628
Population
15,357
Households
2.2
Avg Household Size
39
Median Age
16%
College-Educated
86%
High-School Grad
97.3 sq mi
ZIP Area
346
Density / Sq Mi
$54,557
Median Household Income
$36,244
Median Earnings
$1,020
Median Rent
$143,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Updated interiors and building systems create two contemporary rental units with flexible owner-occupant potential.
Where is this duplex located?
The property is located at 1338 East Chestnut Street Kankakee, IL.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: 2,240‑square‑foot duplex with two 2‑bedroom, 1‑bath units; Extensive renovation completed in 2025; New roof, siding, HVAC, electrical, breakers, and updated plumbing
More about this property
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