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!
New
$425,000
18514 Torrence Ave, Lansing, IL 60438
7beds
--sqft
Est.:
Multi Family
Built in 1963
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 3 days
- on Zillow |
- 160 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: July 30, 2025 at 08:56pm
Listing courtesy of:
Cara Dulaitis 708-227-7530,
Re/Max 10
Source: MRED as distributed by MLS GRID,MLS#: 12426672

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Appliances
- Included: Multiple Water Heaters, Gas Water Heater
Features
- Windows: Screens
- Basement: None
Property
Parking
- Total spaces: 4
- Parking features: Parking Lot, On Site, Owned
Lot
- Size: 6,375 Square Feet
- Dimensions: 51X125
Details
- Parcel number: 29364020850000
- Zoning: MULTI
- Special conditions: None
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1963
Details
- Builder model: 4 unit
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Community
- Features: Sidewalks, Street Lights, Street Paved
- Security: Closed Circuit Camera(s)
Location
- Region: Lansing
Financial & listing details
- Annual tax amount: $14,031
- Date on market: 7/31/2025
- Ownership: Fee Simple
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