Closed

$220,000

25 Chestnut Avenue, Cortland, IL 60112
4 Beds2 Baths39 days
25 Chestnut Avenue·Cortland, IL 60112
4Bedrooms
2Bathrooms
1960Year Built
About This Home

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!

MLS# 12172284Listed September 24, 2024Residential IncomeOther
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms2
Total Rooms12

Size & Structure

Garage Spaces2
Year Built1960
Lot Size0.240 acres

Location

CountyDeKalb
TownshipCortland
Zip Code60112

Financial

List Price$220,000
Annual Taxes (2023)$4,835
Monthly Tax Est.$403
Parcel #0929205013
Interior Features

Heating

Natural GasForced Air

Basement

UnfinishedFull
Exterior & Lot

Construction

Aluminum Siding

Roof

Asphalt

Lot Features

Corner Lot
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Garage Door OpenerOn SiteGarage OwnedDetachedAssignedOff StreetDrivewayOwnedGarage
HOA & Community

Community Features

Street Paved
Tax & Financial
Annual Taxes
$4,835
Tax Year 2023
Monthly Tax Est.
$403
per month
Property Location

25 Chestnut Avenue, Cortland, IL 60112DeKalb County

$220,000
25 Chestnut Avenue
4 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
39 days on market
2-car garage
0.240 acres
$4,835/yr taxes
$1,559
estimated monthly payment
Principal & Interest
$1,156/mo
Property Tax
$403/mo
$220,000
20% — $44,000
3%50%
6.875%
3%12%
Loan Amount
$176,000
Down Payment
$44,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Coldwell Banker Real Estate Group
Agent: Maria Pena-Graham
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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