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88 South Ave

Cortland, IL 60112

3 bd 3 ba 1,360 sqft Built 2007 Lot 1,709 sqft townhomes
Most recent sale
$173,000
Jun 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 10, 2022 Sold $173,000 MLS #11388879
Apr 29, 2022 Listed $170,000 MLS #11388879
Jul 17, 2019 Sold $148,500 Public Record
Jul 8, 2019 Listing removed $1,400 MRED
Jul 5, 2019 Sold $148,500 MLS #10343814
Jun 7, 2019 Listing removed $1,400 MRED
May 23, 2019 Price changed $148,500 MLS #10343814
May 23, 2019 Listed for rent $1,400 MRED
Apr 14, 2019 Listed $149,900 MLS #10343814
May 15, 2018 Listing removed $1,300 MRED
May 5, 2018 Listed for rent $1,300 MRED
Apr 19, 2016 Listing removed $1,200 MRED
Mar 5, 2016 Listed for rent $1,200 MRED
Mar 3, 2016 Listing removed $1,200 MRED
Feb 23, 2016 Listed for rent $1,200 MRED
Dec 28, 2014 Listing removed $1,150 MRED
Nov 1, 2014 Listed for rent $1,200 MRED
Sep 23, 2011 Sold $145,000 Public Record
Apr 20, 2007 Sold $155,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $52,987 $12,278 $65,265 $5,263
2024 $52,987 $12,278 $65,265 $5,031
2023 $49,814 $11,543 $61,357 $5,379
2022 $42,581 $10,306 $52,887 $4,671
2021 $40,403 $9,812 $50,215 $4,684
2020 $39,143 $9,506 $48,649 $4,673
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 $4,202
2016 $25,476 $7,707 $33,183 $4,040
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 $27,186 $7,938 $35,124 $3,231
2011 $36,048 $8,760 $44,808 $3,810
2010 $38,866 $9,445 $48,311 $3,831
2009 $40,757 $9,905 $50,662 $3,746
2008 $39,189 $9,524 $48,713 $3,617
2007 $27,878 $9,198 $37,076 $2,680

Property facts

Year built
2007
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,360 sqft
Lot size
1,709 sqft
ZIP code
60112
City
Cortland
Street
South Ave
Coordinates
41.91696, -88.68561

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
$1,038
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 88 South Ave last sell?
88 South Ave most recently sold on Jun 10, 2022 for $173,000.
What is the current tax assessment for 88 South Ave?
The most recent total assessment for 88 South Ave (year 2025) is $65,265 with $5,263 in property tax.
How does 88 South Ave's assessment compare to its last sale price?
The current assessment is 62.3% below the last sale price of $173,000.
When was 88 South Ave built?
88 South Ave was built in 2007.
How does 88 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 88 South Ave?
88 South Ave is a 3 bed, 3 bath, 1,360 sqft, 1,709 sqft lot townhomes.
Is 88 South Ave a flip candidate?
No — 88 South Ave does not appear in our flips dataset.
Is 88 South Ave a tax-appeal candidate?
No — 88 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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