In a large soup pot over medium heat, combine ground beef and onion; saute until ground beef is brown (drain off fat and discard).
Stir in tomatoes, kidney beans, corn, tomato sauce, chili powder, cumin, and basil; bring to a boil. Reduce heat to low, cover and simmer 1 hour. Remove from heat.
Serve in soup bowls and garnish with grated cheddar cheese and/or sour cream if desired.
Makes 6 servings.
Home at Six Soup or Pantry Soup Recipe: https://whatscookingamerica.net/soup/pantrysoup.htm