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    Property profile & analytics

    59 Elm Ave Cortland, IL 60112-4022

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-5530930
    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

    • O'Donnell Crane Services / Crane Service

    Property Details for 59 Elm Ave

    Property type
    Commercial real estate
    APN
    09-29-128-011
    APU
    929128011

    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
    -88.6913
    Latitude
    41.9213
    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
    $11,098
    $39,478
    $78,930
    $118,408
    -
    $118,434
    $236,790
    $355,224

    Comparable in this City

    • Value Estimation
      $250,000
      0.35 Acres

      45 Chestnut Ave

      COMMERCIAL (GENERAL) • 0.35 Acres
      45 Chestnut Ave, Cortland, IL 60112-4014
      View Details
    • Value Estimation
      $890,000
      7,200 SF

      8 Hartness Pl

      COMMERCIAL (GENERAL) • 7,200 SF
      8 Hartness Pl, Cortland, IL 60112
      View Details
    • Value Estimation
      $290,000
      3,510 SF

      49 Ellwalk Ave

      COMMERCIAL (GENERAL) • 3,510 SF
      49 Ellwalk Ave, Cortland, IL 60112
      View Details
    • Value Estimation
      $345,000
      5.00 Acres

      380 Lincoln Hwy

      COMMERCIAL (GENERAL) • 5.00 Acres
      380 Lincoln Hwy, Cortland, IL 60112-8422
      View Details
    • Value Estimation
      $700,000
      4,814 SF

      590 Loves Rd

      COMMERCIAL (GENERAL) • 4,814 SF
      590 Loves Rd, Cortland, IL 60112-4157
      View Details
    • Value Estimation by Request

      78 Wn Ave

      COMMERCIAL (GENERAL)
      78 Wn Ave, Cortland, IL 60112-4051
      View Details

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    59 Elm Ave
    Cortland, IL 60112-4022
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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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