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$285,000 Just Listed
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Property Description
Positioned for both new and seasoned investors, this well-maintained two-unit property offers strong income potential in a convenient Cortland location. Each unit features 2 bedrooms and 1 bath, with the main level offering flexibility for a possible third bedroom. A full basement provides excellent storage and shared laundry access, while a detached two-car garage and additional parking ensure ample space for tenants. Recent updates include a newer HVAC system (2023), electrical improvements, and a radon mitigation system for added peace of mind. The lower unit has been refreshed with updated appliances, and both units reflect pride of ownership throughout. Enjoy a spacious fenced backyard and easy access to downtown Cortland and the local library. A clean, turnkey opportunity you won't want to miss.
Full Property Details
Full Property Details for MLS# 12620580
General
- Price: $285,000
- Taxes: $4,834 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12620580
- Updated: Today (4/23/2026)
- Added to Site: Today
Rental Information
- Complex Features: Street Paved
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Equipment: Carbon Monoxide Detectors, Ceiling Fan(s), Sump Pump
- Other Features: Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 4
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Assigned, Off-Street, Driveway, Owned, Garage
Location
- Area: Cortland
- County: DeKalb
- Township: Cortland
- Driving Directions: Somonauk to Chestnut, East to home. Corner of Mary Aldis Lane & Chestnut
School Information
- School District: 428
- Elem School District: 428
- Midd School District: 428
- High School District: 428
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Construction: Aluminum Siding
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Roof: Asphalt
- Year Built: 1960
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.24
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 89.70 x 132
- Fence: Yes
- Lot Features: Corner Lot
- Zoning: SINGL
- Fencing (Description): Fenced
Financial Considerations
- Assessment Year: 1960
- Tax Amount: $4,834.66
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 929205013
Listed by Keller Williams Success Realty
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Schools
Schools serving MLS# 12620580
School District:Dekalb Community Unit School District 428
| Name | Grades | Distance |
|---|---|---|
Cortland Elementary School 370 Lexington Avenue, Cortland, IL 60112 | K-5 | 1.1 mi |
Huntley Middle School 1515 South 4th Street, DeKalb, IL 60115 | 6-8 | 3.5 mi |
De Kalb High School 501 West Dresser Road, DeKalb, IL 60115 | 9-12 | 4.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for MLS# 12620580
Date
Details
Price
Change
Source
4/23/2026
Listed
$285,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for MLS# 12620580
MLS# 12620580, Cortland, IL 60112 (MLS# 12620580) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. MLS# 12620580 is currently listed for $285,000 and was received on April 23, 2026. Want to learn more about MLS# 12620580? Do you have questions about finding other Multi-Family real estate for sale in Cortland? You can browse all Cortland real estate or contact a Coldwell Banker agent to request more information.

