Listing Agency: Z Realty Group

Listed By: Zaneta Sanders · License #471018950 Show Phone

Source: Crexi

Added: Sep 14 Changed: Sep 16 Last Checked: Sep 16 at 2:18PM

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Investment Insights

Based on property information with market context.

This duplex contains two distinct one-bedroom units arranged across two levels, with one residence on the main floor and the other upstairs. The upper unit is tenant-occupied, while the lower unit offers additional leasing or owner-occupancy potential. Supporting improvements include a detached garage, an unfinished cellar for storage, and a large yard.

The property sits on a corner lot measuring approximately 60 x 200 per assessor records. Located in Chebanse, the building provides a straightforward two-unit layout for a buyer seeking separate residential spaces within one property. The property will not qualify for traditional FHA financing.

Key Highlights

• Two separate 1‑bedroom units, with one on the main level and one upstairs
• Upper unit is currently tenant‑occupied
• Corner lot measures approximately 60 x 200 per assessor

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Grocery & Convenience Store Real Estate Agency Storage Facility Big Box & Wholesale Store Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

97

Businesses Nearby

Explore this area Business Placement

Demographics for 60922, IL

2,186

Population

1,035

Households

2.1

Avg Household Size

43

Median Age

16%

College-Educated

94%

High-School Grad

54.9 sq mi

ZIP Area

40

Density / Sq Mi

$71,591

Median Household Income

$31,660

Median Earnings

$1,055

Median Rent

$163,800

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Duplex - Two separate one-bedroom residences include an occupied upper unit, a spacious yard, detached garage, and unfinished cellar storage.

Where is this duplex located?

The property is located at 397 W Chebanse Avenue Chebanse, 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: Two separate 1‑bedroom units, with one on the main level and one upstairs; Upper unit is currently tenant‑occupied; Corner lot measures approximately 60 x 200 per assessor