Listing provided courtesy of Meeker Real Estate IncMREDas Distributed by MLSGrid- MLS# 12642372
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Request Info18425 Torrence AvenueLansing, IL 60438
Multi-Family · 5 Beds · 0.11 Acres$299,950
Active
18425 Torrence Avenue Overview
- Time on Site:
- 49 days
- Visits:
- 1
Excellent investment opportunity in the heart of Lansing! This well-maintained 4-unit building features three spacious 1-bedroom units and one 2-bedroom unit, offering strong rental potential and steady income opportunities. The property includes a total of 11 rooms, 5 bedrooms, and 4 full baths, providing comfortable living spaces for tenants. Conveniently located near shopping, dining, major highways, and public transportation. Whether you're expanding your portfolio or looking to owner-occupy while generating rental income, this multi-unit property is full of potential. Don't miss this opportunity to own a solid income-producing property in a desirable location!
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18425 Torrence Avenue Facts & Features
- Type Multi-Family
- Lot 0.11 Acres
Details
General
School Information
- School District: 215
Income/Expenses
- Gross Income: 34800
- Net Operating Income: 0
Building Information
- New Construction: No
- Year Built: 1963
Location/Region
- County Or Parish: Cook
- MLS Area Major: Lansing
- Township: Thornton
Community/Development
- Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
Tax Information
- Tax Annual Amount: $12,096.00
- Tax Year: 2023
General Information
- Ownership: Fee Simple
- Parcel Number: 30313140580000
- Property Type: Residential Income
- Special Listing Conditions: None
- Zoning: MULTI
Interior
Parking Information
- Half Baths Building: 0
Beds/Baths
- Bathrooms Total: 4
- Bedrooms Total: 5
- Bedrooms Possible: 5
- Full Baths Building: 4
General Information
- Basement: None
- Foundation Details: Concrete Perimeter
- Heating: Natural Gas, Steam, Other, Zoned
- Other Equipment: TV-Cable
- Rooms Total: 11
Exterior
Parking Information
- Parking Features: Assigned, Off Alley, Yes, Other
- Parking Total: 4
Lot Information
- Additional Parcels: No
- Lot Features: Landscaped
- Lot Size Acres: 0.11
- Lot Size Dimensions: 40X119
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Brick
- Roof: Asphalt
General Information
- Other Structures: None
- Sewer: Public Sewer
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Actual Rent: 0
- Beds Total: 1
- Baths Total: 1
Unit 2 Details
- Unit Type: Unit 2
- Actual Rent: 0
- Beds Total: 1
- Baths Total: 1
Unit 3 Details
- Unit Type: Unit 3
- Actual Rent: 0
- Beds Total: 2
- Baths Total: 1
Unit 4 Details
- Unit Type: Unit 4
- Actual Rent: 0
- Beds Total: 1
- Baths Total: 1
18425 Torrence Avenue Neighborhood
Community
60438 (LANSING) Demographics
40
Median Age
3,536
Population Density (per sq. mile)
35%
College Educated
$57,143
Estimated Median Income
7,340
Estimated Total Home Owners
3,632
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.18425 Torrence Avenue Monthly Cost
18425 Torrence Avenue Market Data
Based on the last 30 days in this zip code
$210,803
Average List Price
$153
Average Price per Square Foot
28
Properties Sold
85
Average Days on Market
162
Properties for Sale
18425 Torrence Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/12/2026Source: MRED | Active |
|
| 6/7/2026Source: MRED | $299,950 -7.7% |
|
| 6/7/2026Source: MRED | Price Change |
|
| 5/16/2026Source: MRED | Active |
|
| 5/11/2026Source: MRED | May 11, 2026 |
|
| 6/20/2022Source: MRED | January 27, 2022 |