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$430,000

  • Sold
  • Closed
  • Multi-Family
  • 7 Total Beds
  • Updated 6 days ago
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@@@ Must See @@@ Fully Updated Beautiful Brick 4 Unit Building on historic Torrence Ave. This beauty offers New Roof, Gutters, Windows, Kitchen, Baths, Hot water Tanks & Furnaces. Each Unit Has an Individual Forced Air Gas Furnace, and Individual Water Heaters. Tenants Pay Electric and Gas. There Is a Small Gas & Electric Bill for the Common Areas. Landlord Pays Water & Garbage. Laundry Income Coin Collected. Units are three 2 Bedroom 1 Bath and one 1 Bedroom 1 bath. 2 BD 1 BA $1400 the 1 Bedroom with 1 bath is $1200 total of $5400 a month in rental income before expenses. Units are well kept with solid long-term tenants. Seller motivated!!! Schedule your private showing today start earning instant income. Owner occupants welcomed. Showings Sunday's between 4pm - 5:30pm

Full Property Details for 18508 Torrence Ave

General

  • Sold For: $430,000
  • Taxes: $15,483 (2023)
  • Status: Closed
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12491698
  • Added to Site: 94 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 7

Additional Information

  • Other Features: School Bus Service, Commuter Bus, Interstate Access

Parking

  • Total Spaces: 8
  • Parking Features: Assigned, Yes, Owned

Location

  • Area: Lansing
  • County: Cook
  • Driving Directions: Head South on Torrence Ave from the I-80/94, turn right into the parking lot

School Information

  • School District: 158
  • Midd School District: 158

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air

Utilities

  • Water: Lake Michigan, Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: Partially Finished, Partial
  • Year Built: 1962
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 6375 SQ FT

Financial Considerations

  • Assessment Year: 1962
  • Tax Amount: $15,483
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 29364020840000

Listed by Pearson Realty Group
Sold by @properties Christie's International Real Estate

Listing agent

— 18508 Torrence Ave —

  • Pearson Realty Group

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 18508 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 18508 Torrence Ave

Date
Details
Price
Change
Source
1/09/2026
Sold
$430,000
-9.47%
MLS
10/11/2025
Listed
$475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Pearson Realty Group
Sold by @properties Christie's International Real Estate

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18508 Torrence Avenue, Lansing, IL 60438 (MLS# 12491698) is a Multi-Family property that was sold at $430,000 on January 09, 2026. Want to learn more about 18508 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.