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    192 S Joslyn St Cortland, IL 60112

    For Sale
    $429,900

    Residential Income - Cortland, IL

    Days on Market:
    26
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 192 S Joslyn St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Utility Room
    Bedrooms
    4
    APN
    0929178011
    Parking
    1

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1992
    Architectural style
    Other

    HomeSmart Realty Group (708) 320-0002 [email protected]

    Listing agent Melissa Gibson (708) 320-0002 License #475165552

    Listing date Nov 11, 2025

    MLS# 12510016 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cortland Duplex: Investment Opportunity

    This well-maintained duplex in Cortland presents a fantastic investment opportunity, featuring two spacious units. Each unit offers 2 bedrooms and 1.5 baths, along with a comfortable living area, eat-in kitchen, in-unit laundry, and private entrances. One side is currently leased month-to-month, providing immediate rental income. The other unit is vacant and ready for occupancy or new tenants, making it suitable for both owner-occupants and investors. The property includes ample parking and a nice yard. Recent updates include a replaced roof and siding within the last year. The location is convenient, with proximity to parks, schools, and just minutes from DeKalb and NIU. This income-producing property offers great potential for long-term returns. One unit is occupied and will only be shown with interest in writing an offer, requiring 48-hour notice to view.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cortland
    County
    DeKalb
    State
    Illinois
    Longitude
    -88.693504
    Latitude
    41.916299

    Nearby Similar for Sale

    • $1,100,000
      13,980 SF

      Fenced Site with Multiple Buildings

      Three-acre fenced site with three buildings, ideal for contractors.
      320 W Lincoln Hwy, Cortland, IL 60112
      View Details

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex in Cortland with immediate rental income potential.
    Where is this duplex located?
    The property is located at 192 S Joslyn St Cortland, IL.
    What is the asking price?
    The asking price for this property is $429,900.
    What are key features of this property?
    This property features: - Duplex: Immediate rental income potential.; - Recent Renovations: **New roof and siding replaced within the last year!**; - Income-Producing: One unit currently leased month-to-month.
    (708) 320-0002
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    Cortland, IL 60112
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    192 S Joslyn St Cortland, IL 60112
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