Sold
Last Sold Price
7 beds
18502 Torrence Ave, Lansing, IL 60438
Multi FamilyProperty Type
7,200 sq ftLot Size
5 carsParking Spaces

Description

Best priced 4 unit building in Lansing. New roof (2007). Many new windows. Low expenses Tenants pay all utilities. Fully rented and rents could be higher. Close to public transportation and parks. Washer and dryer for additional income. Pleanty of parking. Agents see CC.Best priced 4 unit building in Lansing. New roof (2007). Many new windows. Low expenses Tenants pay all utilities. Fully rented and rents could be higher. Close to public transportation and parks. Washer and dryer for additional income. Pleanty of parking. Agents see CC.

    Sold By Better Home Relocations LLC

    • Listed by: Aurelius 312.217.5260 advarealty@yahoo.com • ADVA Realty
    Listing closed: 12/30/2011 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 07831958

    Recent comparable sales

    Median sold price

    $410,000

    Avg days on market

    33

    Sale-to-list ratio

    96.2%

    Lansing, IL

    9 comparable properties found

    front view of a house and a yard
    1/40
    1

    $430,000

    Sold 01/09/26

    7
    Bedrooms
    Unavailable
    Square Feet
    0.14
    Acres
    $425,000 | 18446 Torrence Avenue, Lansing, IL 60438
    1/8
    2

    $425,000

    Sold 11/27/24

    7
    Bedrooms
    Unavailable
    Square Feet
    0.14
    Acres
    a front view of a house with a yard and potted plants
    1/19
    3

    $410,000

    Sold 10/30/25

    7
    Bedrooms
    Unavailable
    Square Feet
    0.15
    Acres
    a view of a house with a yard
    1/24
    4

    $430,000

    Sold 12/11/25

    8
    Bedrooms
    Unavailable
    Square Feet
    0.14
    Acres
    $425,000 | 2278 182nd Place, Lansing, IL 60438
    1/16
    5

    $425,000

    Sold 06/09/26

    8
    Bedrooms
    Unavailable
    Square Feet
    0.2
    Acres
    a car parked in front of a building
    1/17
    6

    $305,000

    Sold 09/12/25

    6
    Bedrooms
    Unavailable
    Square Feet
    0.31
    Acres
    a front view of a house with a yard
    1/17
    7

    $316,000

    Sold 09/12/25

    7
    Bedrooms
    3,645
    Square Feet
    0.17
    Acres
    a brick house with a yard and a large tree
    1/23
    8

    $318,000

    Sold 09/12/25

    5
    Bedrooms
    Unavailable
    Square Feet
    0.11
    Acres
    a front view of a house with a yard
    1/36
    9

    $160,000

    Sold 04/28/25

    4
    Bedrooms
    2,100
    Square Feet
    0.47
    Acres

    Location

    Add your commute

    Payment Calculator

    Get preapproved with
    OriginPoint Mortgage or Rocket Mortgage1

    $1,520 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $788

    Property Taxes

    $733

    HOA Dues

    $0

    The Payment Calculator is for illustrative purposes only.

    Know your buying power with a preapproval and custom rate in minutes

    Rocket Mortgage1

    Property Information for 18502 Torrence Avenue

    Property Details
    • Taxes: $8,790 / year
    • MLS Type: Two to Four Units / 4 Flat
    • County: Cook County
    • Area: Lansing
    • Subdivision: FOREST GLEN
    • Township: THORNTON
    • Ownership: Fee Simple
    • Heat/Fuel: Natural Gas
    • Zoning: MULTI
    Building Information
    • Residences: 4
    • Lot Size: 0.17 AC / 7,200 SF
    General Information
    School Information
    • Elementary School District: 158
    • High School District: 215
    • Middle Or Junior School District: 158
    Addtl Parking Information
    • Parking: Space/s
    • Parking Details: Assigned Spaces
    • Parking On Site: true
    • Parking Ownership: Owned
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Num Of Rooms: 15
    • Bedrooms Total: 7
    • Bedrooms (Below Grade): 0
    • Basement Type: Partial
    • Bedrooms Possible: 7
    • Basement Description: Other
    • # Full Baths in Building: 4
    • # Half Baths in Building: 0
    • Num of Baths: 4.0
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Lake Michigan
    Property/Lot Information
    • New Construction YN: No
    • Rehabilitated: No
    • Built Before 1978: Yes
    • Age: 31-40 Years
    • Lot Size: Less Than .25 Acre
    • Lot Dimensions: 40X180
    • Total # Units in Building: 4.0
    • Waterfront: No
    • Exterior Building Type: Brick
    • Roof Type: Asphalt
    • Foundation Details: Concrete Perimeter
    • General Information: None
    • North Coordinate: 0
    • South Coordinate: 21
    • East Coordinate: 2
    • West Coordinate: 0
    • 3 Br Un In Bldg: No
    Property and Assessments
    • Photos Count: 1
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Income & Expenses
    • Gross Income: $33,780.00
    • Other Addl Income: Coin Laundry
    • Net Operating Income: $23,570.00
    • Other Expenses $: 10210
    Unit 1
    • Unit Type Actual Rent: $815.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 1
    • Lease Expiration Date: 12/10
    Unit 2
    • Unit Type Actual Rent: $550.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 2
    • Lease Expiration Date: MONTH
    Unit 3
    • Unit Type Actual Rent: $700.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 3
    • Lease Expiration Date: MONTH
    Unit 4
    • Unit Type Actual Rent: $850.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 4
    • Lease Expiration Date: 12/10

    Property History for 18502 Torrence Avenue

    DateEvent & SourcePriceAppreciation
    Dec 30, 2011

    Sold (Public Record)

    Public Record #322681518

    $155,000

    -3.3% / yr

    Dec 30, 2011

    Sold

    MRED #07831958

    $155,000
    Oct 9, 2011

    Pending

    MRED #07831958

    DateEvent & SourcePrice
    12/30/2011

    Sold (Public Record)

    Public Record #322681518

    $155,000

    -3.3% / yr

    12/30/2011

    Sold

    MRED #07831958

    $155,000
    10/09/2011

    Pending

    MRED #07831958

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 18502 Torrence Avenue

    Taxable ValueLand$3,506Additions$27,494Total$31,000
    Tax Record2023$12,111 ($1,009 / month)
    Home Facts
    Baths4Total Finished SqFt3,276 SqFtAbove Grade Finished SqFt3,276 SqFtStories1Lot Size6,375 SqFtStyleMulti-Family Res (5+ Units)Year Built1962CountyCOOKAPN29-36-402-083

    Schools near 18502 Torrence Avenue

    This home is within Lansing School District 158.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 1
    Public - K to 5
    Public - 6 to 8
    Public - 9 to 12
    Rating
    School
    Distance
    Lester Crawl Primary Center
    PublicPK to 1

    Oak Glen Elementary School
    PublicK to 5

    Memorial Jr High School
    Public6 to 8

    Thornton Fractional South High School
    Public9 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

    Similar Homes

    New listings in 60438

    $150,000 | 17821 Escanaba Avenue, Lansing, IL 60438
    1/16
    Listed By Coldwell Banker Realty

    $150,000

    3
    Bedrooms
    1,240
    Square Feet
    0.14
    Acres
    $235,000 | 18026 Oakley Avenue, Lansing, IL 60438
    1/22
    Listed By @properties

    $235,000

    3
    Bedrooms
    1,120
    Square Feet
    0.14
    Acres
    $269,900 | 3034 190th Street, Lansing, IL 60438
    1/25

    $269,900

    3
    Bedrooms
    1,016
    Square Feet
    0.19
    Acres
    $255,000 | 18828 Greenbay Avenue, Lansing, IL 60438

    $255,000

    3
    Bedrooms
    1,376
    Square Feet
    0.21
    Acres
    $260,000 | 3322 Ann Street, Lansing, IL 60438
    1/16

    $260,000

    3
    Bedrooms
    2,122
    Square Feet
    0.18
    Acres
    $149,000 | 2345 185th Court, Unit 19, Lansing, IL 60438
    1/17

    $149,000

    3
    Bedrooms
    1,200
    Square Feet
    $289,000 | 3256 Otto Street, Lansing, IL 60438
    1/28
    ContingentVirtual Tour

    $289,000

    4
    Bedrooms
    1,677
    Square Feet
    0.73
    Acres
    $139,900 | 17057 Park Avenue, Lansing, IL 60438
    1/23

    $139,900

    2
    Bedrooms
    931
    Square Feet
    0.15
    Acres
    $159,900 | 2255 176th Place, Lansing, IL 60438
    1/25
    Contingent

    $159,900

    3
    Bedrooms
    1,018
    Square Feet
    0.17
    Acres

    Nearby home values

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 18502 Torrence Avenue, Lansing, IL 60438
    $155,000
    7
    7,200
    $430,000
    7
    6,098
    $425,000
    7
    6,098
    $410,000
    7
    6,375
    $50,000
    3
    1,440
    8,328
    $390,000
    9
    7,250

    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of ADVA Realty

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/04/2021 07:59 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.