Lansing, IL 60438 18514 Torrence Avenue

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Presented By: Re/Max 10
  • MLS# 12426672
  • 07/30/2025
  • Request Tour
  • Request Info
  • Beds • 7
  • Baths • 4

Home Details

INVESTMENT OPPORTUNITY - SOLID BRICK 4 UNIT - Rarely available 4 unit with THREE-2 bedroom/1 bath units (all rented) and ONE-1 bedroom/1 bath unit (vacant). Perfect investment opportunity to live in 1 unit, while tenants pay your mortgage. OR rent all 4 & simply add to your portfolio. Tenants pay their own gas & electric (landlord pays water). Each unit has its OWN water heater & separate furnace, as well as a stove & fridge. Solar powered security cameras on front & back included; parking includes 4 dedicated spots; one per unit. Three of the 4 units have been refreshed in the last 4 years (new toilets, paint, flooring etc). Ideal location just south of 80-94. Taxes currently reflect zero exemptions. Don't let this investment opportunity pass you by; the neighboring 4-unit sold in just 4 days at this price!
Presented By: Re/Max 10

Interior Features for 18514 Torrence Avenue

Bedrooms

Bedrooms Possible7
Total Bedrooms7

Bathrooms

Full Baths Building4
Half Baths Building
Total Baths4

Other Interior Features

BasementNone
Total Number of Units4

General for 18514 Torrence Avenue

Additional Parcels Y/NNo
CityLansing
Community FeaturesSidewalks, Street Lights, Street Paved
Construction MaterialsBrick
CountyCook
DirectionsFrom I 80 take Torrence south to property. Last building on the RIGHT side.
Elementary School District158
HeatingNatural Gas, Forced Air
High School District215
MLS AreaLansing
Middle/Junior School District158
ModificationTimestamp2025-08-05T05:06:25.478Z
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount14031.06
Tax Year2023
Total Rooms15
TownshipThornton
Year Built1963
ZoningMULTI

Exterior for 18514 Torrence Avenue

Foundation DetailsConcrete Perimeter
Lot Dimensions51X125
Model4 unit
Other EquipmentCeiling Fan(s), Multiple Water Heaters, Security Cameras, Water Heater-Gas
Parking FeaturesParking Lot, On Site, Owned
Total Parking4
Water SourceLake Michigan
Waterfront Y/NNo

Additional Details

Price History

Client Care

Price $425,000
MLS#12426672
List Date 07/30/2025
Property Type Multi-Family
Phone 847.485.2500
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