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    Property profile & analytics

    196 Loves Rd Cortland, IL 60112

    • Industrial properties
    • 8,320 SF
    • 0.91 lot acres
    OFF-MARKET
    Value Estimation
    $430,000
    Location Intelligence
    Property ID
    US28-1318706
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • NPL Construction Training Center / Corporate Office

    Property Details for 196 Loves Rd

    Year built
    2000
    Construction
    FRAME
    Lot size
    0.91 lot acres
    Property size
    8,320 SF
    Property type
    Industrial properties
    APN
    09-29-152-010
    APU
    929152010

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cortland
    County
    Dekalb
    State
    Illinois
    Longitude
    -88.6982
    Latitude
    41.9165
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,772
    $20,360
    $72,803
    $93,163
    -
    $61,080
    $218,409
    $279,489

    Comparable in this City

    • Value Estimation by Request
      19,375 SF

      245 Stephenie Dr

      INDUSTRIAL (GENERAL) • 19,375 SF
      245 Stephenie Dr, Cortland, IL 60112-4082
      View Details
    • Value Estimation by Request
      20,000 SF

      55 Lincoln Hwy

      INDUSTRIAL (GENERAL) • 20,000 SF
      55 Lincoln Hwy, Cortland, IL 60112-4078
      View Details
    • Value Estimation
      $360,000
      7,500 SF

      55 Lincoln Hwy

      INDUSTRIAL (GENERAL) • 7,500 SF
      55 Lincoln Hwy, Cortland, IL 60112-4078
      View Details
    • Value Estimation by Request
      7,560 SF

      185 Stephenie Dr

      INDUSTRIAL (GENERAL) • 7,560 SF
      185 Stephenie Dr, Cortland, IL 60112-4081
      View Details
    • Value Estimation by Request
      10,800 SF

      100 Ellwalk Ave

      INDUSTRIAL (GENERAL) • 10,800 SF
      100 Ellwalk Ave, Cortland, IL 60112-4021
      View Details
    • Value Estimation by Request
      11,500 SF

      212 Stephenie Dr

      INDUSTRIAL (GENERAL) • 11,500 SF
      212 Stephenie Dr, Cortland, IL 60112-4082
      View Details

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    196 Loves Rd
    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
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