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$529,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 3,926 Sq. Ft.
  • Updated 4 hours ago
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Full Property Details for 18408 Torrence Ave

General

  • Price: $529,000
  • Taxes: $16,996 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12722598
  • Updated: 8/7/2026
  • Added to Site: 1 day(s) ago

Interior

  • Basement: Finished

Location

  • Area: Lansing
  • County: Cook
  • Driving Directions: 294 Exit Torrence Ave. West of 294 expressway to property.

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Radiant

Utilities

  • Trash: 840

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Finished
  • Stories/Levels: 2
  • Square Feet: 3,926
  • Year Built: 1959
  • Built Before 1978: Yes

Unit Information

  • Units w/Refrigerators: 5
  • Units w/Range/Oven: 5
  • # Dryers: 2

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Size (Sq. Ft.): 8,750
  • Lot Dimensions: 8750
  • Zoning: MULTI

Financial Considerations

  • Insurance Fee: $3,412
  • Operating Expenses: $26,162
  • Assessment Year: 1959
  • Tax Amount: $16,996
  • Tax Year: 2024
  • Tenant Pays: Electricity
  • Pays Electric: 489
  • Pays Trash: 840

Disclosures and Reports

  • Property ID: 29364020260000

Listed by Century 21 Circle

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Listing agents

— 18408 Torrence Ave —

  • Century 21 Circle

  • Century 21 Circle

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 18408 Torrence Ave

School Districts:Lansing School District 158, Thornton Fractional Township High School District 215
NameGradesDistance
Oak Glen Elementary School
2101 182nd Street, Lansing, IL 60438
K-50.4 mi
Lester Crawl Primary Center
18300 Greenbay Avenue, Lansing, IL 60438
PK-10.9 mi
Memorial Jr High School
2721 Ridge Road, Lansing, IL 60438
6-80.5 mi
Thornton Fractnl So High School
18500 Burnham Avenue, Lansing, IL 60438
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 18408 Torrence Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$17,902
—
$33,160
-10%
2023
$17,902
44%
$36,999
93%
2022
$12,474
-4%
$19,193
-6%
2021
$12,961
8%
$20,503
—
2020
$12,029
-13%
$20,503
-15%
2019
$13,794
-3%
$24,229
-5%
2018
$14,263
89%
$25,525
-11%
2017
$7,550
-15%
$28,764
14%
2016
$8,904
2%
$25,257
—
2015
$8,691
4%
$25,257
—
2014
$8,392
-33%
$25,257
-9%
2013
$12,531
8%
$27,829
—
2012
$11,648
—
$27,829
—
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.

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Listed by Century 21 Circle

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18408 Torrence Avenue, Lansing, IL 60438 (MLS# 12722598) is a Commercial property. 18408 Torrence Avenue is currently listed for $529,000 and was received on August 07, 2026. Want to learn more about 18408 Torrence Avenue? Do you have questions about finding other Commercial real estate for sale in Lansing? You can browse all Lansing real estate or contact a Coldwell Banker agent to request more information.

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