18514 Torrence Avenue, Lansing, Illinois 60438
$425,000
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For Sale
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| Status: | Contingent |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 7 |
| Baths: | 0 |
| Year Built: | 1963 |
| Property Taxes: | $14,031 |
| Days On Market: | 52 |
| Lot Size: | 0,00 |
Description
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!
Property Specifics
| Multi-unit | |
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| 1963 | |
| — | |
| 4 unit | |
| No | |
| — |
| Cook | |
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| — / — | |
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| — | |
| 12426672 | |
| 29364020850000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 18 May, 2016 | Sold | $180,100 | MRED MLS |
| 1 Apr, 2016 | Under contract | $179,900 | MRED MLS |
| 28 Mar, 2016 | Listed for sale | $179,900 | MRED MLS |
| 5 Apr, 2019 | Sold | $189,900 | MRED MLS |
| 11 Feb, 2019 | Under contract | $189,900 | MRED MLS |
| 5 Feb, 2019 | Listed for sale | $189,900 | MRED MLS |
| 7 Oct, 2021 | Sold | $280,000 | MRED MLS |
| 1 Jul, 2021 | Under contract | $290,000 | MRED MLS |
| 18 Jun, 2021 | Listed for sale | $290,000 | MRED MLS |
| 16 Sep, 2025 | Under contract | $425,000 | MRED MLS |
| 30 Jul, 2025 | Listed for sale | $425,000 | MRED MLS |
Room Specifics
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
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Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
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| 51X125 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2016 | $9,624 |
| 2019 | $13,700 |
| 2021 | $10,253 |
| 2025 | $14,031 |
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Listing Provided By
Re/Max 10
