Multi-Family: MLS #12620580 Cortland, IL ^$ 270,000

Multi-Family: MLS #12620580

^$ 270,000

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Multi-Family: MLS #12620580

Name: address
Address: IL, 60112

Cortland, IL, 60112

^$ 270,000

Bedrooms4 Baths2.0

Monthly Estimate*

^$ 1,662

Multi-Family Home for sale in Cortland, IL

for $270,000 with 4 bedrooms and 2 full baths. This home was built in 1960 on a lot size of 0.24.

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. Highest and Best due by Friday 6/5 at 10pm.

Multi-Family Contingent

Price

^$ 270,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,834

Style

Lot Size

0.24

Year Built

1960

Town/City

Cortland

County/Region

De Kalb

MLS | Web ID

12620580

Features

General

Sewer Public Sewer

Heating Natural Gas Forced Air

Possession Closing

Roof Asphalt

Zoning SINGL

Garage Spaces 2

Architectural Style Other

Construction Materials Aluminum Siding

Year Built 1960

Township Cortland

Tax Year 2023

Ownership Fee Simple

Gross Income 21900

Community Features Street Paved

County DeKalb

New Construction N

Property Type Residential Income Two to Four Units

Contingency Attorney/Inspection

Total Rooms 12

Status Contingent

Directions Somonauk to Chestnut East to home. Corner of Mary Aldis Lane & Chestnut

City Cortland

High School District 428

MLS Area Cortland

Tax Annual Amount 4834.66

Standard Status Active Under Contract

Middle/Junior School District 428

Elementary School District 428

Interior

Basement Unfinished Full

Total Bedrooms 4

Total Baths 2

Bedrooms Possible 4

Full Baths Building 2

Half Baths Building 0

Total Number of Units 2

Exterior

Parking Features Garage Door Opener Yes Garage Owned Detached Assigned Off Street Driveway Owned Garage

Lot Features Corner Lot

Water Source Public

Total Parking 4

Lot Dimensions 89.70 X 132

Lot Size Acres 0.24

Waterfront Y/N N

Other Equipment CO Detectors Ceiling Fan(s) Sump Pump

* Excluded Features

List By

Keller Williams Success Realty

Broker

tyler@lewkepartners.com

Affordability Calculator

$2,065

Per Month

Monthly Principal & Interest: $1,662
Monthly Property Taxes: $403
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Cortland, IL

Average List Price ^$257,422

Percent of Sale Price 5%

About Cortland, IL

4,264 Population

69% Since 2002

^$67,467 Median Income

35.61 Median Age

39% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

564528 Elementary School

567957 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/26/2026	$270,000	-1.82%	Price Down
5/8/2026	$275,000	-3.51%	Price Down
4/23/2026	$285,000		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/14/2026.

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Multi-Family: MLS #12620580

Multi-Family Home for sale in Cortland, IL

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