Lansing, IL 60438 18514 Torrence Avenue
$425,000



13 more














Presented By: Re/Max 10
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
