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$324,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
  • Updated 2 days ago
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Excellent investment opportunity in the heart of Lansing! This well-maintained 4-unit building features three spacious 1-bedroom units and one 2-bedroom unit, offering strong rental potential and steady income opportunities. The property includes a total of 11 rooms, 5 bedrooms, and 4 full baths, providing comfortable living spaces for tenants. Conveniently located near shopping, dining, major highways, and public transportation. Whether you're expanding your portfolio or looking to owner-occupy while generating rental income, this multi-unit property is full of potential. Don't miss this opportunity to own a solid income-producing property in a desirable location!

Full Property Details for 18425 Torrence Ave

General

  • Price: $324,900
  • Taxes: $12,096 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12642372
  • Updated: 5/11/2026
  • Added to Site: 2 day(s) ago

Rental Information

  • Complex Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: None

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Upper - Full Baths: 4

Bedrooms

  • Total Bedrooms: 5

Additional Information

  • Equipment: Cable TV

Parking

  • Total Spaces: 4
  • Parking Features: Assigned, Off-Alley, Yes, Other

Location

  • Area: Lansing
  • County: Cook
  • Township: Thornton
  • Driving Directions: Torrence Ave exit from I-94 to property

School Information

  • School District: 171
  • Elem School District: 171
  • Midd School District: 171
  • High School District: 215

Heating & Cooling

  • Heating Type: Natural Gas, Steam, Other, Zoned

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Year Built: 1963
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 4

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 40 x 119
  • Lot Features: Landscaped
  • Zoning: MULTI

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1963
  • Tax Amount: $12,096
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 30313140580000

Listed by Meeker Real Estate Inc

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— 18425 Torrence Ave —

  • Meeker Real Estate Inc

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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

Get Pre-Approved

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 18425 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-50.5 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.

Price & Sales History for 18425 Torrence Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/11/2026
Listed
$324,900
149.92%
MLS
8/30/2018
Sold
$130,000
—
Public Record
Get Price Alerts and Save Property
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 for 18425 Torrence Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$12,096
22%
$25,000
63%
2022
$9,939
3%
$15,293
—
2021
$9,668
8%
$15,293
—
2020
$8,972
-10%
$15,293
-12%
2019
$9,928
2%
$17,439
—
2018
$9,744
-1%
$17,439
—
2017
$9,839
9%
$17,439
5%
2016
$9,062
8%
$16,574
—
2015
$8,421
1%
$16,574
—
2014
$8,304
-7%
$16,574
-17%
2013
$8,966
8%
$19,912
—
2012
$8,334
—
$19,912
—
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 Meeker Real Estate Inc

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18425 Torrence Avenue, Lansing, IL 60438 (MLS# 12642372) is a Multi-Family property with 4 units containing 5 bedrooms and 0 full bathrooms. 18425 Torrence Avenue is currently listed for $324,900 and was received on May 11, 2026. Want to learn more about 18425 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.

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