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  • $425,000

    18514 Torrence Ave, Lansing, IL 60438

    7beds
    --sqft
    : 
    Multi Family
    Built in 1963
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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!
    3 days
    on Zillow
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    160
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    12
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    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#: 12426672MLS Logo
    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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