Want to begin or grow your portfolio? Here's a great investment opportunity. Great Two-Unit in Excellent condition! Each unit has 2 bedrooms, 1 bath. Main floor unit has the potential of being a 3 bedroom. Full basement offers great storage along with a washer and dryer so that the tenants can use this space. Current owners have kept this area for personal storage space. Either both or the main floor only can use this space. There is a two-car detached garage and additional parking spaces for all to have their own spot. The garage is used by the lower-level unit only. Check out the LARGE fenced-in backyard. Convenient enclosed exterior access to upper unit. HVAC system replaced in 2023. Electrical updates (2016 & 2018). Newer stove and fridge in the lower level unit. Radon mitigation system installed in 2019. Walking distance to library and Cortland's downtown area. Tenants responsible for their own electric bills. Lower level is responsible for gas bill. Landlord is responsible for water bill. Meticulously maintained by the current owners - very clean units. Here is your opportunity to begin investing in real estate today!
The median home value in Cortland, IL is $269,500. This is higher than the county median home value of $225,800. The national median home value is $338,100. The average price of homes sold in Cortland, IL is $269,500. Approximately 68.39% of Cortland homes are owned, compared to 28.4% rented, while 3.22% are vacant. Cortland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cortland real estate agent to arrange a tour today!
Cortland, Illinois has a population of 4,436. Cortland is more family-centric than the surrounding county with 45.53% of the households containing married families with children. The county average for households married with children is 31.37%.
The median household income in Cortland, Illinois is $72,431. The median household income for the surrounding county is $64,019 compared to the national median of $69,021. The median age of people living in Cortland is 30.2 years.
The average high temperature in July is 82.9 degrees, with an average low temperature in January of 12.5 degrees. The average rainfall is approximately 37.2 inches per year, with 30.9 inches of snow per year.