18377 Torrence Avenue, Lansing, IL 60438 - Photo 1

1/1

$318,000

Sold
Closed
Multi-Family
5 Total Beds

1/1

Property Description

Exceptional opportunity to own a well maintained 4-unit brick building. This income-producing property is ideally suited for both owner-occupants seeking a home with added financial benefits and savvy investors looking to expand their portfolio. The building features three 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, each equipped with appliances for convenience. Pipes and electrical have been updated. Residents will appreciate the on-site laundry facility, which includes a coin-operated washing machine and dryer, presenting additional revenue. Dedicated on-site parking is situated at the rear of the building, catering to tenants and guests. Perfect location. Just minutes away from major expressways, fantastic dining options, and a variety of shopping destinations. This remarkable property is being offered AS IS, presenting a unique canvas for your vision and investment potential. Don't miss out on this promising opportunity!

Full Property Details

Full Property Details for 18377 Torrence Ave

General

Sold For: $318,000
Taxes: $11,128 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12395262
Added to Site: 257 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 4

Bedrooms

Total Bedrooms: 5

Additional Information

Other Features: Commuter Bus, Interstate Access

Parking

Garage: Yes
Total Spaces: 4
Parking Features: Unassigned, Off-Street, Parking Lot, Garage Faces Side, On Site, Owned
Parking On-Site: Yes

Location

Area: Lansing
County: Cook
Driving Directions: Take Torrence Avenue to 18377 Torrence.

School Information

School District: 158
Midd School District: 158

Heating & Cooling

Heating Type: Steam, Baseboard

Utilities

Water: Lake Michigan, Public

Structural Information

Construction: Brick
Exterior Const.: Brick
Basement Desc.: None
Year Built: 1962
Built Before 1978: Yes
Remodeled/Updated: 2021

Unit Information

Units in Building: 4

Lot Features

Lot Size Range: .25 to .49 Acre
Lot Dimensions: 4640

Financial Considerations

Assessment Year: 1962
Tax Amount: $11,128
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: List Broker Must Accompany
Property ID: 30313110110000

Listed by Real People Realty
Sold by Exclusive Realtors

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Schools

Schools serving 18377 Torrence Ave

School Districts:Lansing School District 158, Thornton Fractional Township High School District 215

Name	Grades	Distance
Oak Glen Elementary School 2101 182nd Street, Lansing, IL 60438	K-5	0.4 mi
Lester Crawl Primary Center 18300 Greenbay Avenue, Lansing, IL 60438	PK-1	0.9 mi
Memorial Jr High School 2721 Ridge Road, Lansing, IL 60438	6-8	0.4 mi
Thornton Fractnl So High School 18500 Burnham Avenue, Lansing, IL 60438	9-12	0.9 mi

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

Price & Sales History for 18377 Torrence Ave

Date

Details

Price

Change

Source

9/12/2025

Sold

$318,000

-3.61%

MLS

7/23/2025

Price Reduced

$329,900

-4.38%

MLS

6/18/2025

Listed

$345,000

—

MLS

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

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18377 Torrence Avenue, Lansing, IL 60438 (MLS# 12395262) is a Multi-Family property that was sold at $318,000 on September 12, 2025. Want to learn more about 18377 Torrence Avenue? Do you have questions about finding other Multi-Family real estate for sale in Lansing? You can browse all Lansing real estate or contact a Coldwell Banker agent to request more information.

18377 Torrence Ave Lansing, IL 60438