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86 South Ave

Cortland, IL 60112

3 bd 3 ba 1,360 sqft Built 2007 townhomes
Most recent sale
$167,500
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 2, 2022 Sold $167,500 MLS #11317063
Apr 30, 2022 Listed $165,000 MLS #11317063
Jul 17, 2020 Listing removed $1,250 MRED
Jun 4, 2020 Listed for rent $1,250 MRED
Mar 13, 2018 Listing removed $1,250 MRED
Feb 26, 2018 Listed for rent $1,250 MRED
Aug 25, 2017 Listing removed $1,250 MRED
Aug 19, 2017 Listed for rent $1,250 MRED
Aug 14, 2017 Listing removed $1,250 MRED
Jul 9, 2017 Listed for rent $1,250 MRED
Nov 4, 2016 Listing removed $1,250 MRED
Oct 27, 2016 Listed for rent $1,250 MRED
Apr 16, 2007 Sold $156,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $50,728 $12,278 $63,006 $5,080
2024 $50,728 $12,278 $63,006 $4,857
2023 $47,690 $11,543 $59,233 $5,193
2022 $42,581 $10,306 $52,887 $5,269
2021 $32,437 $9,812 $42,249 $4,475
2020 $31,425 $9,506 $40,931 $4,485
2019 $30,106 $9,107 $39,213 $4,360
2018 $28,472 $8,613 $37,085 $4,244
2017 $27,106 $8,200 $35,306 $3,488
2016 $25,476 $7,707 $33,183 $3,309
2015 $23,923 $7,237 $31,160 $3,230
2014 $23,025 $6,965 $29,990 $3,115
2013 $23,860 $7,218 $31,078 $3,098
2012 $26,497 $7,938 $34,435 $3,155
2011 $29,240 $8,760 $38,000 $3,141
2010 $39,403 $9,445 $48,848 $3,880
2009 $41,320 $9,905 $51,225 $3,794
2008 $39,731 $9,524 $49,255 $3,663
2007 $28,860 $9,198 $38,058 $2,734

Property facts

Year built
2007
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,360 sqft
Lot size
ZIP code
60112
City
Cortland
Street
South Ave
Coordinates
41.91696, -88.68571

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,005
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 86 South Ave last sell?
86 South Ave most recently sold on May 2, 2022 for $167,500.
What is the current tax assessment for 86 South Ave?
The most recent total assessment for 86 South Ave (year 2025) is $63,006 with $5,080 in property tax.
How does 86 South Ave's assessment compare to its last sale price?
The current assessment is 62.4% below the last sale price of $167,500.
When was 86 South Ave built?
86 South Ave was built in 2007.
How does 86 South Ave compare to others on South Ave?
We track 8 other properties on South Ave. Browse the list under "Other properties on South Ave" to compare beds, baths, and sale history.
What are the property facts for 86 South Ave?
86 South Ave is a 3 bed, 3 bath, 1,360 sqft townhomes.
Is 86 South Ave a flip candidate?
No — 86 South Ave does not appear in our flips dataset.
Is 86 South Ave a tax-appeal candidate?
No — 86 South Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.9%
Implied 1-yr
+11.5%
2026 Q3
$290.3K
2026 Q4
$297.3K
ZIP 60112 — Median Price History + Forecast

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