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$250,000 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: $250,000
  • Taxes: $12,096 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: GNIAR
  • MLS ID: 845973
  • Updated: 9/27/2026
  • Added to Site: 2 day(s) ago

Interior

  • Number of Rooms: 11
  • Interior Features: None
  • Appliances: None

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5

Parking

  • Parking Features: Alley Access

Location

  • County: Cook
  • Township: Thornton
  • Subdivision: Glen Oak
  • Driving Directions: Torrence Ave exit from I-94 south to property

Heating & Cooling

  • Heating Type: Natural Gas

Structural Information

  • Year Built: 1963

Lot Features

  • Lot Size (Acres): 0.1065
  • Lot Size (Sq. Ft.): 4,640
  • Lot Features: Front Yard

Financial Considerations

  • Tax Amount: $12,096
  • Tax Year: 2023
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: Lot#: 7/11, 12 36-15-31SW, Sheet 1
  • 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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Be ready to buy your new home!

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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
9/27/2026
Listed
$250,000
92.31%
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# 845973) is a Multi-Family property with units containing 5 bedrooms and 4 full bathrooms. 18425 Torrence Avenue is currently listed for $250,000 and was received on September 27, 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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