14500 S Torrence Avenue, Burnham, IL 60633 - Photo 1

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$975,000 Just Listed

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Active
Commercial
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Property Description

24 Units For Sale for $1,950,000 - 14446 & 14500 S Torrence Ave Burnham, IL 60633 sold as a portfolio. 2 (12 Unit Buildings) next to each other, with 10 (2 Bed/1Bath) & 14 (1 Bed/1 Bath) Units in a quiet area of Burnham. Each Unit has a balcony or patio, laundry in the basement & private parking lot. Major upside on rents as CCHA rent schedule for the area is $1,240 for 1 BEDS & $1,420 for 2 Beds.

Full Property Details

Full Property Details for 14500 S Torrence Ave

General

Price: $975,000
HOA FEE: $6,000
Taxes: $32,981 (2025)
Status: Active
Type: Commercial
Source: MRED
MLS ID: 12719718
Updated: 7/30/2026
Added to Site: 1 day(s) ago

Location

Area: Burnham
County: Cook
Township: Thornton
Driving Directions: Exit Highway I-80/294, head north on Torrence Ave property is on your left

Heating & Cooling

Heating Type: Electric, Gas, Baseboard, Radiant

Utilities

Trash: 1782

Structural Information

Stories/Levels: 3
Year Built: 1968
Built Before 1978: Yes

Lot Features

Lot Dimensions: 120 x 80

Financial Considerations

Maint. Fee: $6,000
Insurance Fee: $9,000
Operating Expenses: $64,139
Other Fee: $1,750
Assessment Year: 1968
Tax Amount: $32,981
Tax Year: 2025
Pays Electric: 756
Pays Trash: 1782

Disclosures and Reports

Property ID: 29014170320000

Listed by Horvath & Tremblay IL, LLC

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— 14500 S Torrence Ave —

Horvath & Tremblay IL, LLC

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Schools

Schools serving 14500 S Torrence Ave

School Districts:Dolton School District 149, Thornton Township High School District 205

Name	Grades	Distance
Caroline Sibley Elementary School 1550 Sibley Boulevard, Calumet City, IL 60409	K-6	0.6 mi
School Of Fine Arts 1650 Pulaski Road, Calumet City, IL 60409	6-8	1.1 mi
Creative Communications Academy 1650 Pulaski Road, Calumet City, IL 60409	6-8	1.1 mi
S T E M Academy 1650 Pulaski Road, Calumet City, IL 60409	6-8	1.1 mi
Thornridge High School 15000 Cottage Grove Avenue, Dolton, IL 60419	9-12	2.2 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 14500 S Torrence Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

7/30/2026

Listed

$975,000

-5.11%

MLS

7/27/2018

Sold

$1,027,500

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 14500 S Torrence Ave

Year

Property Taxes

Change

Tax Assessment

Change

2023

$32,981

—

$51,920

-4%

2023

$32,981

15%

$54,044

45%

2022

$28,733

$37,218

—

2021

$26,870

$37,218

—

2020

$24,709

11%

$37,218

18%

2019

$22,299

$31,522

—

2018

$21,555

-8%

$31,522

-12%

2017

$23,450

-16%

$35,846

-20%

2016

$27,990

58%

$44,822

50%

2015

$17,683

-16%

$29,821

-19%

2014

$20,951

27%

$36,887

18%

2013

$16,452

14%

$31,309

10%

2012

$14,370

—

$28,386

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 14500 S Torrence Ave

14500 S Torrence Avenue, Burnham, IL 60633 (MLS# 12719718) is a Commercial property. 14500 S Torrence Avenue is currently listed for $975,000 and was received on July 30, 2026. Want to learn more about 14500 S Torrence Avenue? Do you have questions about finding other Commercial real estate for sale in Burnham? You can browse all Burnham real estate or contact a Coldwell Banker agent to request more information.

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14500 S Torrence Ave Burnham, IL 60633